INTERNATIONAL GEMMOLOGICAL INSTITUTE (INDIA) LIMITED (MAINBOARD)
Dec 13, 2024 - Dec 17, 2024
| Price | ₹397 - ₹417 |
| Premium | ₹159 |
|---|---|
| Lot size | 35 |
| Allotment | Dec 18, 2024 |
| Listing | Dec 20, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 35 | 14595 | 289346 |
| sHNI | 14 | 490 | 204330 | 10334 |
| bHNI | 69 | 2415 | 1007055 | 20668 |
Last updated on 17-Dec-2024 19:06:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 30381295 | 1461702830 | 48.11 |
| HNIs | 15190647 | 396372865 | 26.09 |
| HNIs 10+ | 10127098 | 301611870 | 29.78 |
| HNIs 2+ | 5063549 | 94760995 | 18.71 |
| Retail | 10127098 | 119395360 | 11.79 |
| Employees | 52910 | 1154510 | 21.82 |
| Total | 55751950 | 1978625565 | 35.49 |
Application-Wise Breakup (Approx. no. of Apps) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 20668 | 122094 | 5.91 |
| HNIs (2-10L) | 10334 | 184386 | 17.84 |
| Retail | 289346 | 2719577 | 9.4 |
| Employee | - | 22239 | - |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 1266.9 | 60953.01 | 48.11 |
| FIIs | - | 27280.96 | - |
| DIIs | - | 19524.72 | - |
| Mutual funds | - | 4114.05 | - |
| Others | - | 10033.27 | - |
| HNIs | 633.45 | 16528.75 | 26.09 |
| HNIs 10+ | 422.3 | 12577.21 | 29.78 |
| HNIs 2+ | 211.15 | 3951.53 | 18.71 |
| Retail | 422.3 | 4978.79 | 11.79 |
| Employees | 2.21 | 48.14 | 21.82 |
| Total | 2324.86 | 82508.69 | 35.49 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹26.9 | @8% ₹30.8 | @9% ₹34.6 | @10% ₹38.5 | @11% ₹42.3 | @12% ₹46.2 |
IPO Details
| Issue Size | [10,13,18,945] shares (aggregating up to 4225 Cr) |
| Fresh Issue | 35,371,703 shares (aggregating up to 1475 Cr) |
| Offer For Sale | 65,947,242 shares (aggregating up to 2750 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE , BSE |
| Share holding pre issue | 396,783,045 |
| Share holding post issue | 432,154,747 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 75% of the Net Issue |
| Retail Shares Offered | Not less than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Key Performance Indicators
| KPI | Sep-24 | Dec-23 | Dec-22 |
|---|---|---|---|
| ROE | 56.59% | 76.58% | 83.13% |
| ROCE | 62.19% | 80.96% | 87.09% |
| RONW | 56.59% | 76.58% | 83.13% |
| EPS (Basic) | 8.22 | 8.18 | 6.09 |
| P/E Pre IPO | 50.95 |
Financial Statement (Restated) In Crores.
| Period Ended | Sep-24 | Dec-23 | Dec-22 | Dec-21 |
|---|---|---|---|---|
| Assets | 776 | 603 | 409 | 320 |
| Revenue | 619 | 649 | 499 | 374 |
| Profit After Tax | 326 | 325 | 242 | 172 |
| Net Worth | 643 | 509 | 339 | 243 |
About Company
Incorporated in February 1999, International Gemmological Institute (India) Limited (IGI) is a globally recognized organization specializing in certifying and grading diamonds, gemstones, and jewellery. IGI operates 31 laboratories and 18 gemology schools worldwide, including key markets such as Surat, Mumbai, Antwerp, New York, Bangkok, Dubai, Hong Kong, and Shanghai. The company provides independent grading reports for natural and lab-grown diamonds, coloured stones, and finished jewellery, analyzing characteristics like cut, colour, clarity, carat weight, fluorescence, and symmetry. IGI also evaluates coloured stones such as rubies, sapphires, and emeralds and assesses craftsmanship and overall value for finished jewellery. In addition to its certification services, IGI offers education programs in gemology, diamond grading, and jewellery design, supported by a dedicated research department. As of September 30, 2024, the company’s operations include 20 laboratories and 9 schools under the Pre-Acquisition Group, staffed by 843 employees, including 316 gemologists. IGI is committed to providing internationally recognized standards and fostering industry expertise through its certification and education initiatives.
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Global Recognition: Known for high-quality gem certification and services.
Advanced Technology: Cutting-edge infrastructure supports precision and reliability.
Diversified Portfolio: Wide array of services catering to gemology and jewelry.
Dependence on Luxury Market: Vulnerability to economic downturns affecting discretionary spending.
Regulatory Compliance: Adherence to evolving international standards poses risks.
Technological Threats: Rapid technological changes may outpace existing systems.
E-mail: igil.ipo@kfintech.com
Tel: +91 40 6716 2222
Website : https://ris.kfintech.com/ipostatus/