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  1. International Gemmological Institute IPO Listing Date: Key things to know before debut on NSE and BSE

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International Gemmological Institute IPO Listing Date: Key things to know before debut on NSE and BSE

Upstox

2 min read | Updated on December 19, 2024, 15:49 IST

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SUMMARY

International Gemmological Institute IPO was a fresh offering of equity shares valued at ₹1,475 crore and an offer-for-sale (OFS) worth ₹2,750 crore.

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International Gemmological Institute (India) Ltd accredits and certifies laboratory-grown diamonds, natural diamonds, coloured stones and studded jewellery.

International Gemmological Institute IPO listing date: Shares of International Gemmological Institute are ready to enter seconday market on Friday, December 20, following successful subscription period. International Gemmological Institute IPO allotment status was finalised on Wednesday. As the market debut is nearing, here are key points to know before listing.

International Gemmological Institute IPO: Subscription

According to consolidated data on the NSE, the ₹4,225 crore initial public offering received bids for 1,97,83,66,950 equity shares against 5,85,60,902 shares on offer.

CategoryNumber of Times Subscription
Qualified Institutional Buyers (QIBs)45.80
Non-institutional Investors24.84
Retail Individual Investors (RIIs)11.21
Total33.78

International Gemmological Institute IPO: Objective

The issue was a fresh offering of equity shares valued at ₹1,475 crore and an offer-for-sale (OFS) worth ₹2,750 crore. Under the OFS, promoter Blackstone's affiliate BCP Asia II TopCo Pte Ltd will offload 6.59 crore shares.

The money raised will be used to acquire the International Gemological Institute (IGI) Belgium Group and IGI Netherlands Group and for general corporate purposes.

International Gemmological Institute IPO: Listing date and time

International Gemmological Institute shares will be listed on the NSE and the BSE on Friday, December 20, at 10 am.

International Gemmological Institute IPO: Financials

ParticularsCY21 (Standalone)CY22 (Consolidated)CY23 (Cons)9M CY24 (Cons)
Revenue₹ 364.69 cr₹ 490.99 cr₹ 638.53 cr₹ 569.35 cr
Net Profit₹ 171.53 cr₹ 241.76 cr₹ 324.74 cr₹ 326.06 cr

International Gemmological Institute (India) Ltd accredits and certifies laboratory-grown diamonds, natural diamonds, coloured stones and studded jewellery.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

About The Author

Upstox
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