International Gemological IPO subscription status started on Friday, December 13, 2024, and will close on December 17, 2024. The IPO aims to raise approximately ₹4,225.00 crores through public issuance. The allocation for investor categories includes 10% for Retail Investors, 75% for Qualified Institutional Buyers (QIBs), and 15% for Non-Institutional Investors (NII). The price band is set at ₹397 to ₹417 per equity share, offering an opportunity for investors to participate in this anticipated offering.
The International Gemological IPO requires a minimum market lot of 35 shares, amounting to an application value of ₹14,595. This IPO is classified as a Mainboard IPO and will be listed on the BSE & NSE.
About International Gemological
Founded in 1975 in Antwerp, Belgium, the International Gemological Institute (IGI) is the world’s second-largest provider of certification and accreditation services for various types of diamonds. The company offers certifications for both natural and laboratory-grown diamonds, along with studded jewelry and colored stones such as rubies, sapphires, emeralds, and other precious and semi-precious stones.
IGI provides comprehensive diamond grading services, evaluating key factors such as cut, color, clarity, and carat weight. Additionally, the company assesses fluorescence, which indicates how diamonds react under UV light, and the symmetry of each diamond. To ensure customer satisfaction, IGI also offers screening services to verify whether a diamond is natural or synthetic. In India, IGI is the leading independent provider of certification and accreditation services, holding approximately 50% of the market share in 2023 for certifying diamonds, diamond jewelry, and colored stones.
GMP on IPO of International Gemological
For the latest updates on International Gemological IPO Grey Market Premium (GMP) and GMP of IPOs, please visit our IPO GMP Page. Stay informed on premium trends and investor interest before making your investment decision.
BapuKhabar View on International Gemological
We recommend investors consider applying for this IPO with a Long-Term Perspective, as it holds potential for growth in the coming years. However, before committing, it’s wise to review the QIB, NII, and Retail subscription numbers.
International Gemological IPO Subscription Status (Day Wise)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.00 | 0.09 | 48.11 |
| NII | 0.15 | 0.88 | 26.09 |
| RII | 0.75 | 2.58 | 11.77 |
| Total | 0.18 | 0.77 | 35.48 |
Investor Insights
Employee Category (EMP): Reserved specifically for eligible employees, providing an opportunity to invest at the IPO price.
Qualified Institutional Buyers (QIB): Typically larger institutions, including mutual funds and banks, this category has shown [interest level, e.g., strong demand].
Non-Institutional Investors (NII): Includes corporate bodies and HNIs who often bid for a significant portion.
Retail Individual Investors (RII): Subscription levels in this category reflect the enthusiasm of individual retail investors.
International Gemological IPO Review and Rating
- Recommendation: Apply
- Rating: ★★★★☆ (4/5)
International Gemological IPO Forms
How to apply for the International Gemological IPO?
You can apply for the International Gemological IPO through the ASBA option available in your bank account. Simply log in to your online banking, navigate to the Invest section, and select the International Gemological IPO to apply directly. Alternatively, you can apply using IPO forms downloaded online. Download the blank International Gemological IPO forms, fill them out, and submit them at your bank or through your broker.
FAQs
When will the International Gemological IPO Subscription Start?
The IPO subscription starts on December 13, 2024 for QIB, NII, and Retail Investors.
How to Subscribe to the IPO?
You can subscribe via ASBA or Non-ASBA options. Log in to your bank account and apply for the IPO through ASBA, or download the IPO application form, fill it out, and submit it to your broker or bank.
How Can I Check Live International Gemological IPO Subscription Numbers Today?
Visit our portal for live IPO subscription updates, which we refresh hourly from official sources. You can also check live subscription data on the official websites associated with the IPO.
How to Apply for the IPO through Zerodha?
- Log in to your Zerodha account (website or app).
- Go to Portfolio and select IPO.
- Select the IPO name and click on the Bid button.
- Enter your UPI ID, quantity, and price, then submit the application.
- Approve the mandate in your UPI app or Net Banking/BHIM App.
How to Apply for the IPO through Upstox?
- Log in to your Upstox account.
- Select the IPO name and click on Bid.
- Confirm your application and go to your UPI app or Net Banking/BHIM App to approve the mandate.
How to Apply for the IPO through Paytm Money?
- Log in to Paytm Money and select the IPO name.
- Click on the Bid button and confirm your application.
- Approve the mandate through your UPI app or Net Banking/BHIM App.
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