
22.00x
subscribed
International Gemmological Institute IPO
Diamond & Jewellery
listed
22.00x
subscribed
₹13,895Min. investment
About International Gemmological Institute
Issue size
₹4,225Cr
IPO type
Mainboard
RevenueApr 2022 - Mar 2023
₹364.69CrLower than sector avg
Price range
₹397 – ₹417
Growth rate3Y CAGR
20.50%Higher than sector avg
Lot size
35 shares
Red Herring Prospectus
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SectorDiamond & Jewellery
Price range₹397 – ₹417
IPO type
Regular
Lot size35 shares
Issue size₹4,225Cr
Red Herring Prospectus
Read
RevenueApr 2022 - Mar 2023
₹364.69CrLower than sector avg
Growth rate3Y CAGR
20.50%Higher than sector avg
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New Acquisition
The company intends to utilise ₹1300 crore to acquire IGI Belgium Group and IGI Netherlands Group from the promoter General Corporate Purposes
The company will use part of its IPO net proceeds for general corporate purposes, including business expansion, operational enhancements, and other strategic initiatives.About International Gemmological Institute
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.
IPO Analysis

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International Gemmological Institute IPO
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Latest News on IPO

International Gemmological Institute's ₹4,225 crore IPO opens on December 13, 2024, with a share price range of ₹397-417, and closes on December 17. Proceeds will be used for acquisitions and general corporate purposes. The company, which grades and evaluates gemstones, reported a 36.6% earnings growth for the nine months ended September 30, 2024.

International Gemmological Institute India Ltd has set its IPO price band at Rs 397-417 per share, aiming to raise Rs 4,225 crore, with the issue opening on December 13 and closing on December 17, to fund the acquisition of its European entities and expand its certification and accreditation business.
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of International Gemmological Institute IPO ?
The issue size of the International Gemmological Institute IPO is 4225 Cr.
What is 'pre-apply' for International Gemmological Institute IPO ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will International Gemmological Institute IPO shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Pre-apply12 Dec 2024
- Bidding starts13 Dec 2024
- Bidding ends17 Dec 2024
- Allotment finalisation18 Dec 2024
- Release of funds19 Dec 2024
- Demat transfer19 Dec 2024
- Listing20 Dec 2024