International Gemological Institute
IPO Timeline
Issue open date
13 Dec 2024Issue close date
17 Dec 2024UPI mandate deadline
17 Dec 2024Allotment finalization
18 Dec 2024Refund initiation
19 Dec 2024Share credit
19 Dec 2024Listing date
20 Dec 2024Mandate end date
1 Jan 2025Lock-in end date for anchor investors (50%)
17 Jan 2025Lock-in end date for anchor investors (remaining)
18 Mar 2025Key Dates
Quick Stats
About the Company
IGI India, a key player in diamond certification, is launching its IPO. As the world’s second-largest independent certifier of diamonds, IGI holds a 33% global market share and dominates India’s diamond certification market with a 50% share. It leads globally in laboratory-grown diamond certifications with a 65% market share and excels in certifying studded jewellery. Since 1975, IGI has had a global presence in 10 countries, with 31 branches and 18 gemology schools. It is a pioneer in jewellery certification and education, offering services such as diamond grading, coloured stone evaluation, jewellery assessments, and gemology training. Supported by Blackstone, IGI has shown strong growth and robust profitability. Its innovative services and global reach position it as a trusted leader in the gemological industry.
Strengths
No strengths provided as of now. Please check back later.
Risks
- High dependence on the Indian market.
- Vulnerable to regulatory and legal challenges.
- Intense competition from global and regional players.
- Legal proceedings involving the company and affiliates may affect business.
International Gemological Institute IPO – Frequently Asked Questions
- The price band for the International Gemological Institute IPO is set at ₹397 to ₹417 per share.
- The International Gemological Institute IPO opens on December 13, 2024 and closes on December 17, 2024.
- The tentative listing date for the International Gemological Institute IPO is December 20, 2024.
- You can apply for the International Gemological Institute IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose International Gemological Institute, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the International Gemological Institute IPO is 35 shares. Investors must apply for at least one lot (i.e., 35 shares).