International Gemmological Institute Share Price Highlights: Stock settles 7.4% lower after listing at 22.3% premium

4 min read | Updated on December 20, 2024, 15:35 IST

SUMMARY

International Gemmological Institute Share Price: International Gemmological Institute shares were listed at ₹510 a unit on the National Stock Exchange (NSE) on Friday, a premium of 22.3% to the issue price of ₹417 apiece.

International Gemmological Institute had set a price band of ₹397-₹417 per share.

International Gemmological Institute IPO Listing, Share Price Live Update at 3:34 pm: The stock settled 7.38% lower at ₹472.35 apiece on the NSE after listing at a 22.3% premium.

International Gemmological Institute IPO Listing, Share Price Live Update at 3:04 pm: Price information

Current price: ₹473 (-7.25%)
Issue price: ₹417
High: ₹525
Low: ₹459

International Gemmological Institute IPO Listing, Share Price Live Update at 1:54 pm: The stock fell 8.98% to ₹464.2 a unit on the NSE.

International Gemmological Institute IPO Listing, Share Price Live Update at 1:04 pm: International Gemmological Institute shares shed 7.75% to ₹470.50 apiece on the NSE after debuting at 22.3% premium.

International Gemmological Institute IPO Listing, Share Price Live Update at 12:20 pm: The company's market capitalisation stands at ₹21,031.05 crore, as shares are down 4.35% to ₹487.8 apiece on the NSE.

International Gemmological Institute IPO Listing, Share Price Live Update at 11:56 am: Trading stats

Traded volume: 473.67 lakh
Traded value: ₹2,383.89 crore
Total market cap: ₹21,573.41 crore

International Gemmological Institute IPO Listing, Share Price Live Update at 10:36 am: Shares of International Gemmological Institute declined 5.42% to ₹482.35 apiece on the NSE after debuting at 22.3% premium.

International Gemmological Institute IPO Listing, Share Price Live Update at 10:11 am: After listing at 22.3% premium, the stock rose 0.33% to ₹511.7 apiece on the NSE.

International Gemmological Institute IPO Listing, Share Price Live Update at 10:00 am: The stock debuted at ₹504.85 per share, a premium of 21.07%, on the BSE.

International Gemmological Institute IPO Listing, Share Price Live Update at 9:46 am: International Gemmological Institute shares were listed at ₹510 a unit on the National Stock Exchange (NSE) on Friday, a premium of 22.3% to the issue price of ₹417 apiece.

International Gemmological Institute IPO Listing, Share Price Live Update at 9:36 am: Subscription status

Category	Number of Times Subscription
Qualified Institutional Buyers (QIBs)	45.80
Non-institutional Investors	24.84
Retail Individual Investors (RIIs)	11.21
Total	33.78

International Gemmological Institute IPO Listing, Share Price Live Update at 9:15 am: Financials

Particulars	CY21 (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 IPO Listing, Share Price Live Update at 9:06 am: Objectives

To acquire IGI Netherlands Group and IGI Belgium Group from the promoter
General corporate purposes

International Gemmological Institute IPO Listing, Share Price Live Update at 8:46 am: Price band

The price range was set at ₹397-₹417 per share.

International Gemmological Institute IPO Listing, Share Price LIVE: Shares of diamond grading firm International Gemmological Institute will hit the stock exchanges - the NSE and the BSE - on Friday, December 20.

The ₹4,225 crore International Gemmological Institute IPO was subscribed 33.78 times, as it got bids for 197.83 shares compared to 5.85 crore shares on offer.

The initial share sale was ₹1,475 crore worth of fresh issue, as well as an offer for sale valued at ₹2,750 crore by promoter BCP Asia II TopCo Pte Ltd, which is an affiliate of Blackstone.

International Gemmological Institute IPO allotment status was finalised on Wednesday.

International Gemmological Institute IPO listing date and time

International Gemmological Institute shares are slated to debut on the NSE and the BSE on Friday, December 20, at 10 am.

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

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International Gemmological Institute IPO listing date and time

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