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International Gemmological Institute IPO

International Gemmological Institute IPO

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Registrar: Kfin Technologies Limited · Listing 2024-12-20
IPO Timeline
Today · 20 Oct 2026
Opens
13 Dec 2024
Closes
17 Dec 2024
Allotment
18 Dec 2024
Refund
19 Dec 2024
Demat
19 Dec 2024
Listing
20 Dec 2024
Price Band
₹397–417
GMP
₹0
0%
Lot Size
35 Shares
Min ₹14,595
Subscription
0x
Issue Size
₹4225 Cr
Open
2024-12-13
Close
2024-12-17
Listing
2024-12-20

About the company

Incorporated in February 1999, International Gemmological Institute (India) Limited (IGI) is an organisation specialising in the certification and grading of diamonds, gemstones, and jewellery. IGI offers independent grading reports based on internationally recognised standards, evaluating key characteristics such as colour, cut, clarity, and carat weight. IGI conducts its business through a network of 31 laboratories located across different countries. As of September 30, 2024, the company has over 7,500 customers in 10 countries, while IGI India served 9 out of the top 10 jewellery chains in India by revenue for FY2024.

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 20 Dec 2024
      Listed 669 days ago
      1. IPO Opens

        Completed
        13 Dec 2024

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        17 Dec 2024

        Last day to place your bid

      3. Basis of Allotment

        Completed
        18 Dec 2024

        Share allotment finalised

      4. Refund Initiation

        Completed
        19 Dec 2024

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        19 Dec 2024

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        20 Dec 2024

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      35 shares
      Price / Share (upper)
      ₹417
      Min Investment (1 lot)
      ₹14,595
      Price Band
      ₹397–417
      Retail
      ≤ ₹2,00,000
      Min lots
      1
      Min shares
      35
      Min amount
      ₹14,595
      Max amount
      ₹189,735
      sHNI (Small HNI)
      ₹2L – ₹10L
      Min lots
      14
      Min shares
      490
      Min amount
      ₹204,330
      Max amount
      ₹992,460
      bHNI (Big HNI)
      > ₹10L
      Min lots
      69
      Min shares
      2415
      Min amount
      ₹1,007,055
      Max amount
      ₹1,080,030

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹2112.5 Cr
      Shares offered
      51,904,177
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹633.75 Cr
      Shares offered
      15,571,253
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹1478.75 Cr
      Shares offered
      36,332,924
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).