International Gemological IPO Details
| IPO Issue Open Date: | 13 December 2024 |
| IPO Issue Close Date: | 17 December 2024 |
| IPO Issue Price Band: | ₹397 to ₹417 Per Share |
| Face Value: | ₹2 Per Equity Share |
| IPO Issue Size: | ₹4,225.00 Crores | [.] shares |
| Fresh Issue: | ₹1,475.00 Crores | [.] shares |
| Offer for Sale: | ₹2750.00 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | BSE NSE |
| IPO Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
International Gemological IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
International Gemological IPO Dates Timeline
| Issue Open Date: | 13 December 2024 |
| Issue Close Date: | 17 December 2024 |
| Basis of Allotment Date: | 18 December 2024 |
| Refunds Initiation: | 19 December 2024 |
| Shares Credit in Demat: | 19 December 2024 |
| IPO Listing Date Detail: | 20 December 2024 |
International Gemological IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 35 shares = ₹14,595 |
| Retail (Max) | 13 lots and 455 shares = ₹189,735 |
| HNI (Min) | 14 lots and 490 shares = ₹204,330 |
| B-HNI Minimum | 69 lots and 2,415 shares = ₹1,007,055 |
International Gemological IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| 18th Dec | ₹90 | ₹2,500 | ₹- | 22% |
| 17th Dec | ₹130 | ₹2,500 | ₹- | 31% |
| 16th Dec | ₹93 | ₹2,500 | ₹- | 22% |
| 13th Dec | ₹75 | ₹2,000 | ₹- | 18% |
| 12th Dec | ₹130 | ₹3,500 | ₹- | 31% |
| 11th Dec | ₹100 | ₹2,500 | ₹- | 24% |
| 10th Dec | ₹145 | ₹3,500 | ₹- | 35% |
| 9th Dec | ₹105 | ₹- | ₹- | ₹- |
| 8th Dec | ₹- | ₹- | ₹- | ₹- |
About International Gemological
International Gemological Institute which was founded in Antwerp, Belgium, in 1975, is the world’s second-largest company to offer services connected to the certification and accreditation of different types of diamonds. In addition to colored stones like rubies, sapphires, emeralds, and other precious and semi-precious stones, they sell jewelry studded with diamonds, both natural and laboratory-grown variations. Moreover, the company provides many services to customers like in-depth diamond grading based on cut, color, clarity, and carat weight. As well as the company also puts in extra effort such as fluorescence, which means how diamonds will react under UV light and the symmetry of the diamonds as well. Additionally, they offer screening so that buyers can determine whether the diamond is synthetic or natural if they choose one. IGI is India’s biggest independent certification and accreditation service provider. In terms of diamond certification, diamond jewelry, and colored diamonds, IGI has about 50% of the market share in 2023.
International Gemological IPO Strengths
- World’s second largest independent certification and accreditation services provider among our global peers for loose stones and studded jewelry and in an industry characterized by barriers to entry
- First mover and global market leader in providing certification services for the fast-growing laboratory grown diamond industry
- Education initiatives that support spreading awareness, building customer partnerships and our brand
- Demonstrated track record of delivering growth in revenue, margins and returns
- Experienced professional management team backed by the largest alternate asset manager globally
Objects of the IPO Issue
- To be updated soon
International Gemological Company Financial Report
The company reported revenue of ₹648.66 crores in 2024 against ₹499.33 crores in 2023. The company reported a profit of ₹324.74 crores in 2024 against a loss of ₹241.76 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹499.33 | ₹169.97 | ₹241.76 | ₹409.03 |
| 2023 | ₹648.66 | ₹204.88 | ₹324.74 | ₹603.20 |
| September 2024 | ₹619.49 | ₹179.82 | ₹326.06 | ₹775.60 |
International Gemological IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| 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 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | – | – | – | – | – Cr. |
International Gemological IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222
Email: igil.ipo@kfintech.com
Website: https://ris.kfintech.com/
International Gemological IPO Lead Manager
- Axis Capital Limited
- Kotak Mahindra Capital Company Limited
- Morgan Stanley India Company Private Limited
- SBI Capital Markets Limited
International Gemological IPO allotment status check on KFin Technologies Limited website. Click on Kfin Technologies to get allotment status.
Promoters of International Gemological
- BCP Asia II Topco Pte. Ltd.
Company Address
International Gemological Institute IPO Limited
702, 7
th Floor, The Capital, Bandra Kurla
Complex, Bandra (E), Mumbai 400 051,
Maharashtra, India
Phone: +91 22 4035 2550
Email: investor.relations@igi.org
Website: https://www.igi.org/