International Gemmological Institute IPO
ListedMainboardOpens 13 December 2024Closes 17 December 2024
The International Gemological Institute (India) Limited (IGI) is a global leader in the certification and accreditation of natural diamonds, laboratory-grown diamonds, studded jewelry, and colored gemstones. IGI has…
The International Gemological Institute (India) Limited (IGI) is a global leader in the certification and accreditation of natural diamonds, laboratory-grown diamonds, studded jewelry, and colored gemstones. IGI has positioned itself as the biggest player in its domain by having served the diverse needs of its stakeholders in the jewelry industry. It is owned by Blackstone-one of the world's largest private equity firms.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
13 Dec 2024
IPO Closes
17 Dec 2024
Allotment
18 Dec 2024
Listing
20 Dec 2024
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 13 December 2024 |
| IPO Close Date | 17 December 2024 |
| Allotment Date | 18 December 2024 |
| Listing Date | 20 December 2024 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,595 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,89,735 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,04,330 |
SHNI (Max)Below ₹10,00,000 | 68 | ₹9,92,460 |
BHNIAbove ₹10,00,000 | 69 | ₹10,07,055 |
IPO Objectives
- Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter
- General corporate purposes.
Strengths
- IGI is globally trusted for precision in diamond and gemstone certification.
- It leads in lab-grown diamond certification, meeting growing demand for sustainable options.
- With 843 employees, including 316 gemologists, IGI delivers high-quality certifications efficiently.
- It serves manufacturers, retailers, and consumers, minimizing reliance on a single segment.
- Its gemology schools train professionals, enhancing industry expertise and IGI’s reputation.
Weaknesses
- IGI’s revenue depends on luxury spending, which can drop during economic slowdowns.
- Different rules in various countries can make operations challenging.
- Competition from other companies may affect IGI’s position.
- IGI relies heavily on the Indian market, which can be risky if local conditions change.
Financial Performance
| Period Ended | 30 Sep 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 775.6 | 603.2 | 409.03 | 319.69 |
| Revenue (₹ Cr.) | 619.49 | 648.66 | 499.33 | 374.29 |
| PAT (₹ Cr.) | 326.06 | 324.74 | 241.76 | 171.53 |
| Net Worth (₹ Cr.) | 643.41 | 509.01 | 339.07 | 242.59 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| GMR Airports | 0 | -0.81 | 59.8% | 13,298 |
| SJVN | 3.15 | 46.08 | 6.83% | 14,071 |
| Sagility India | 2.33 | 76.9 | 5.5% | 6,443 |
Subscription Details
No daily bids available.
No subscription statistics available.
Company Details
- International Gemmological Institute (India) Limited
- 702, 7 th Floor The Capital, Bandra Kurla Complex, Bandra (E), Mumbai-400051
- +91 224035 2550
- investor.relations@igi.org
- https://www.igi.org/
Registrar Details
- Kfin Technologies Limited
- 04067162222, 04079611000
- igil.ipo@kfintech.com
- https://kosmic.kfintech.com/ipostatus/
Frequently Asked Questions
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Sources
We match International Gemmological Institute IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Kfin Technologies LimitedOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.