International Gemmological Institute (India) Limited

Company Profile
Company Name International Gemmological Institute (India) Limited
Open Date 17-12-2024
Close Date 17-12-2024
Exchange BSE, NSE
Lot Size 35 Shares
Issue Price ₹397 to ₹417 per share
Issue Size 101,318,944 shares
Application Amount ₹14,595
Recommendation Apply

Incorporation: Incorporated in February 1999, the company’s registered office is located at Mumbai, Maharashtra.
Business Activity: IGI provides independent grading reports that analyze and certify the characteristics of stones using internationally recognized standards. These reports include details about the stone’s colour, cut, clarity, and carat weight.
IGI also offers education courses and degree plans for the gem and jewellery trade and has a research department.
Human Resource: As of September 30, 2024, the Pre-Acquisition Group is supported by 843 employees, including 316 gemmologists

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Financial Summary in Cr

KPI’s FY 22 FY 23 FY 24 Sep-24
Revenue 364.69 490.99 638.53 596.36
EBITDA 240.65 335.18 450.12 429.18
Net Profit 171.53 241.76 324.74 326.06
RoCE 86.67% 87.38% 81.03% 61.66%
ROE 70.71% 71.30% 63.80% 50.68%
P/E 96.53 68.47 50.98 5.22

Tentative Timeline

Opening Date 17/12/2024
Closing Date 17-12-2024
Basis of Allotment 18-12-2024
Initiation of Refunds 19-12-2024
Credit of Shares to Demat 18-12-2024
Listing Date 20-12-2024

Objects of the Issue

Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter; and
General corporate purposes.

Contact Information

Registered Office International Gemmological Institute (India) Limited 702, 7 th Floor The Capital, Bandra Kurla Complex, Bandra (E), Mumbai-400051
Phone +91 224035 2550
Email investor.relations@igi.org
Website https://www.igi.org/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email igil.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Anchor Investor Shares Offered 4,55,71,942 (44.98%)
QIB Shares Offered 3,03,81,295 (29.98%)
NII (HNI) Shares Offered 1,51,90,647 (14.99%)
bNII > ₹10L 1,01,27,098 (9.99%)
sNII < ₹10L 50,63,549 (5%)
Retail Shares Offered 1,01,27,098 (9.99%)
Employee Shares Offered 52,910 (0.05%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 34.21%
Share Holding Post Issue (Promoters) 25.18%

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