International Gemological IPO is set to open on December 13, 2024, and will close on December 17, 2024. The International Gemological IPO is a Book Built Issue, aiming to raise approximately ₹4,225.00 crores. This includes a fresh issue of ₹1475.00 crores and an offer for sale of up to [.]. The face value of each share is ₹2.
International Gemological IPO Price band is set between ₹397 to ₹417 per share. The quota allocation is 10% for Retail investors, 75% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). International Gemological IPO is scheduled to list on BSE & NSE on December 20, 2024, with the allotment announcement on December 18, 2024.
The company reported revenue of ₹648.66 crores in 2024, compared to ₹499.33 crores in 2023. It posted a Profit of ₹324.74 crores in 2024, compared to a Profit of ₹241.76 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.
- International Gemological IPO Details
- International Gemological IPO Market Lot
- International Gemological IPO Dates
- About International Gemological
- Promoters of International Gemological
- International Gemological Financial Report
- Key Performance Indicator
- Peer Group Comparison
- Objective of the Issue
- International Gemological IPO GMP (Grey Market Premium)
- International Gemological Subscription Status
- International Gemological Allotment Status
- IPO Registrar
- IPO Lead Managers
- International Gemological Contact
- FAQs
International Gemological IPO Details
| Overview Points | Description |
|---|---|
| Company Name | International Gemological Limited |
| Industry | Gemology and Certification Services |
| IPO Issue Type | Book Built Issue |
| Open Date | December 13, 2024 |
| Close Date | December 17, 2024 |
| Total Issue Size | Approx ₹4,225.00 Crores |
| Fresh Issue | Approx ₹1475.00 Crores |
| Face Value | ₹2 Per Equity Share |
| Price Band | ₹397 to ₹417 Per Share |
| Listing on | BSE & NSE |
| Lot Size | 35 Shares Per Lot |
| Offer for Sale | Approx ₹2750.00 Crores |
| Shares Offered to Retail | 10% |
| Shares Offered to QIB | 75% |
| Shares Offered to HNI | 15% |
International Gemological IPO Market Lot
International Gemological IPO has a minimum lot size of 35 shares, with an amount of ₹14,595.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 35 | ₹14,595 |
| Retail Maximum | 13 | 455 | ₹189,735 |
| S-HNI Minimum | 14 | 490 | ₹204,330 |
| B-HNI Minimum | 69 | 2,415 | ₹1,007,055 |
International Gemological IPO Dates
International Gemological IPO opens on December 13, 2024, and closes on December 17, 2024. The allotment will be announced on December 18, 2024, and the IPO will be listed on December 20, 2024.
| Event | Date |
|---|---|
| IPO Open Date | December 13, 2024 |
| IPO Close Date | December 17, 2024 |
| Basis of Allotment | December 18, 2024 |
| Refunds | December 19, 2024 |
| Credit to Demat Account | December 19, 2024 |
| IPO Listing Date | December 20, 2024 |
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.
Promoters of International Gemological
- BCP Asia II Topco II Pte Ltd
International Gemological Financial Report
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| NA | – | – | – | – | – Cr. |
| NA | – | – | – | – | – Cr. |
Key Performance Indicator
| Period Ended | 30 Sep 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 |
|---|---|---|---|---|
| Assets | 775.60 | 603.20 | 409.03 | 319.69 |
| Revenue | 619.49 | 648.66 | 499.33 | 374.29 |
| Profit After Tax | 326.06 | 324.74 | 241.76 | 171.53 |
| Net Worth | 643.41 | 509.01 | 339.07 | 242.59 |
| Reserves and Surplus | NA | NA | 111.46 | 119.40 |
| Amount in ₹ Crores | ||||
Peer Group Comparison
| KPI | Values |
|---|---|
| ROE | -% |
| ROCE | -% |
| EBITDA Margin | 36.84% |
| PAT Margin | 7.30% |
| Debt to equity ratio | – |
| Earning Per Share (EPS) | ₹8.18 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 76.58% |
| Net Asset Value (NAV) | ₹12.83 |
Objective of the Issue
- The funds will be used for paying the purchase consideration for acquiring the IGI Belgium Group and IGI Netherlands Group from the Promoter, along with general corporate purposes.
International Gemological IPO GMP (Grey Market Premium)
To check real-time Grey Market Premium (GMP on IPO) of International Gemological, please visit the IPO GMP page.
International Gemological Subscription Status
This IPO subscription kicks off on December 13, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
International Gemological Allotment Status
To check the International Gemological IPO allotment status, visit the IPO register website Kfin Tech or go to the IPO Allotment page.
IPO Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: igil.ipo@kfintech.com
Website: www.kfintech.com
IPO Lead Managers
KOTAK MAHINDRA CAPITAL COMPANY LIMITED
1st Floor, 27 BKC, Plot No. C – 27, “G” Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051, Maharashtra, India
Phone: +91 22 4336 0000
Email: igi.ipo@kotak.com
Website: www.investmentbank.kotak.com
International Gemological Contact
INTERNATIONAL GEMOLOGICAL INSTITUTE (INDIA) LIMITED
702, 7th Floor, The Capital, Bandra Kurla Complex,
Bandra (E), Mumbai 400 051, Maharashtra, India
Phone: +91 22 4035 2550
Email: investor.relations@igi.org
Website: www.igi.org
FAQs
What is the International Gemological Institute IPO?
The International Gemological Institute IPO is a Mainboard IPO, where the company plans to raise ₹4,225.00 crores. The issue is priced between ₹397 and ₹417 per equity share, and it will be listed on both BSE and NSE.
When will the International Gemological Institute IPO open for subscription?
The IPO will open for subscription on December 13, 2024, for QIB, NII, and Retail Investors, and will close on December 17, 2024.
What is the investor’s portion for the International Gemological Institute IPO?
The investor portion for the International Gemological Institute IPO is 75% for QIB, 15% for NII, and 10% for Retail investors.
How can one apply for the International Gemological Institute IPO?
You can apply for the IPO online via ASBA through your bank account or UPI through your stock brokers. Alternatively, you can apply by filling up an offline form through your stock broker.
What is the issue size of the International Gemological Institute IPO?
The issue size of the International Gemological Institute IPO is ₹4,225.00 crores.
Note: Inventurus Knowledge Solution’s IPO price band and date have been officially announced. Inventurus Knowledge Solution’s IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.
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