International Gemological IPO Date, Review, Price, Allotment Details

International Gemological Institute (IGI) IPO Details

International Gemological Institute IPO Market Lot

The International Gemological Institute IPO minimum market lot is 35 shares with ₹14,595 application amount. The retail investors can apply up-to 13 lots with 455 shares or ₹189,735 amount.

International Gemological Institute IPO Dates

The International Gemological Institute IPO date is December 13 and the close date is December 17. The International Gemological Institute IPO allotment will be finalized on December 18 and the IPO listing on December 20.

Promoters of International Gemological Institute IPO

The promoters of the company are BCP Asia II Topco II Pte Ltd.

About International Gemological Institute IPO

Founded in Antwerp, Belgium, in 1975, the International Gemological Institute is the world’s second-largest company to provide services related to the certification and accreditation of various types of diamonds. They offer both natural and laboratory-grown diamonds, such as studded jewelry and colored stones like rubies, sapphires, emeralds, and other precious and semi-precious stones. Moreover, the company provides many services to customers like in-depth diamond grading based on cut, color, clarity, and carat weight. As well as the company also puts in extra effort such as fluorescence, which means how diamonds will react under UV light and the symmetry of the diamonds as well. Moreover, they also provide screening where individuals can check whether the diamond is natural or synthetic for customer satisfaction. In India, IGI is the largest independent provider of certification and accreditation services, they hold around 50% of the market share for certifying diamonds, jewelry with diamonds, and colored stones in 2023.

International Gemological Institute IPO Company Financial Report

The company reported revenue of ₹648.66 crores in December 2023 against ₹499.33 crore in December 2022. The company reported Profit of ₹324.74 crores in December 2023 against Profit of ₹241.76 crores in December 2022.

Amount ₹ in Crores

International Gemological Institute IPO Valuation – FY2023

Check International Gemological Institute IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter; and
• General corporate purposes.

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International Gemological Institute IPO Registrar

KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: [email protected]
Website: https://ris.kfintech.com/

IPO Lead Managers aka Merchant Bankers

• Axis Capital Limited
• Kotak Mahindra Capital Company Limited
• Morgan Stanley India Company Private Limited
• SBI Capital Markets Limited

Company Address

International Gemological Institute IPO Limited
702, 7
th Floor, The Capital, Bandra Kurla
Complex, Bandra (E), Mumbai 400 051,
Maharashtra, India
Phone: +91 22 4035 2550
Email: [email protected]
Website: https://www.igi.org/

International Gemological Institute IPO FAQs