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    5. IGIL

    International Gemmological Institute Limited

    CLOSED

    IPO Date: 13 Dec - 17 Dec 2024

    Listing Date: 20 Dec 2024

    Price Range

    ₹397 to ₹417 per share

    Issue Size

    4225 Cr

    Min Investment

    ₹13,895

    Lot Size

    35 Shares

    View IPO Document

    Schedule of International Gemmological Institute Limited

    Issue open date

    13 Dec 2024

    Issue close date

    17 Dec 2024

    UPI mandate deadline

    17 Dec 2024 (5 PM)

    Allotment finalization

    18 Dec 2024

    Share credit

    19 Dec 2024

    Listing date

    20 Dec 2024

    Mandate end date

    N/A

    Issue size

    Funds Raised in the IPOAmount
    Overall4225 Cr
    Fresh Issue Cr
    Offer for Sale Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date18 Dec 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

    DateIpo PriceGMPEstimated Listing Price
    20 Dec 2024₹417₹159₹576 (38.13%)
    19 Dec 2024₹417₹159₹576 (38.13%)
    18 Dec 2024₹417₹116₹533 (27.82%)
    17 Dec 2024₹417₹90₹507 (21.58%)
    16 Dec 2024₹417₹125₹542 (29.98%)
    15 Dec 2024₹417₹95₹512 (22.78%)
    14 Dec 2024₹417₹115₹532 (27.58%)
    13 Dec 2024₹417₹105₹522 (25.18%)
    12 Dec 2024₹417₹75₹492 (17.99%)
    11 Dec 2024₹417₹131₹548 (31.41%)
    10 Dec 2024₹417₹100₹517 (23.98%)

    Performance International Gemmological Institute Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹397 to ₹417 per share₹ 2381 (12.99%) ₹ 328.9-21.13%

    About International Gemmological Institute Limited

    Incorporated in February 1999, International Gemmological Institute (India) Limited is a globally recognized organization certifying and grading diamonds, gemstones, and jewellery.IGI provides independent grading reports that analyze and certify the characteristics of stones using internationally recognized standards. These reports include details about the stone's colour, cut, clarity, and carat weight.IGI also offers education courses and degree plans for the gem and jewellery trade and has a research department.IGI operates 31 laboratories worldwide that grade finished jewellery, natural diamonds, lab-grown diamonds, and gemstones. Additionally, it has 18 gemology schools that graduate thousands of students each year.The services offered by the company are as follows- Diamond grading includes reports on the 4Cs (cut, colour, clarity, carat weight) for natural and lab-grown diamonds and details on fluorescence and symmetry.- Evaluating the quality and authenticity of coloured stones like rubies, sapphires, and emeralds and issuing detailed grading reports.- Evaluating finished jewellery involves assessing diamond and coloured stone quality, craftsmanship, and overall value.- Offering educational programs and courses in gemology, diamond grading, jewellery design, and related subjects.As of September 30, 2024, the company has a network of 20 laboratories and 9 schools under the Pre-Acquisition Group, supported by 843 employees, including 316 gemologists and other professionals in research, education, and certification processes.As of September 30, 2024, IGI's certification business operates through 31 branches and laboratories in 10 countries, including key markets like Surat and Mumbai in India, Antwerp, New York, Bangkok, Dubai, Hong Kong, and Shanghai.**Competitive Strength**- The company is the second-largest independent certification provider globally for diamonds and jewellery, operating in a high-barrier industry.- Provider of certification services for the rapidly growing laboratory-grown diamond industry.- An extensive range of certification and accreditation services is offered to a diverse group of customers throughout the value chain.- Education initiatives that support spreading awareness, building customer partnerships and the company's brand

    Founded in1999
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)48.11
        Non-Institutional Investors (NIIs)26.09
        Retail Individual Investors (RIIs)11.77
        Employee21.79
        Total35.48