International Gemmological Institute (India) Ltd. IPO

International Gemmological Institute (IGI) IPO is a book-built issue of Rs 4,225 crores, comprising a fresh issue of Rs 1,475 crores and an offer for sale of Rs 2,750 crores. The IPO will open for subscription on December 13, 2024, and close on December 17, 2024. Allotment is expected on December 18, 2024, with a tentative listing date of December 20, 2024, on BSE and NSE. The price band is set at Rs 397 to Rs 417 per share. Retail investors can apply for a minimum lot size of 35 shares for Rs 14,595, while sNII and bNII investments start at Rs 204,330 and Rs 1,007,055, respectively.

RHP
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DRHP
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Open Date

2024-12-13

Close Date

2024-12-17

International Gemmological Institute (India) Ltd. IPO Details

Check out the issue details for International Gemmological Institute (India) Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 417

Price Band

₹ 397 - 417

Issue Size

4225 Cr.

Issue Type

Book Built

Open

2024-12-13

Close

2024-12-17

Listingprice

₹ 510

ListingGain

22.30%

Listing Date

2024-12-20

CMP

₹ 471.15

Current Return

12.99%

Company Financials

You can get the following financial statements of International Gemmological Institute (India) Ltd. as of now.

International Gemmological Institute IPO (IGI IPO) Details

The details about the International Gemmological Institute IPO (IGI IPO) are as follows:

  • The issue size of the IPO is 4225 Cr.
  • The price band for International Gemmological Institute IPO (IGI IPO) is Rs 397 to Rs 417.
  • The shares of International Gemmological Institute IPO (IGI IPO) will list on 20th December 2024.
  • The latest tentative GMP of International Gemmological Institute IPO (IGI IPO) is Rs 75.
  • The shares of International Gemmological Institute IPO (IGI IPO) are subscribed 35.48 Times.

 

International Gemmological Institute IPO (IGI IPO) Valuation

The approx valuation of International Gemmological Institute IPO (IGI IPO) based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 417
Existing Shares (Qty) 39.67 Cr
Fresh Issue 1475 Cr
Market Cap 18016.39 Cr
EPS (Dec 2023) Rs 8.18
PE Ratio 50.97x

 

International Gemmological Institute IPO (IGI IPO) Issue Size

International Gemmological Institute IPO (IGI IPO) issue size is 4225 Cr.

Issue Amount
Fresh Issue 1475 Cr
Offer For Sale 2750 Cr

 

International Gemmological Institute IPO (IGI IPO) Market Lot

An individual can apply for a minimum of 1 lot of 35 shares and a maximum of 13 lots of 455 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 35 Rs 14,595
Maximum 13 455 Rs 1,89,735

 

International Gemmological Institute IPO (IGI IPO) Share Offer

The shares of International Gemmological Institute IPO (IGI IPO) are subscribed 35.48 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Minimum 75%
Non-Institutional Maximum 15%
Retail Individual Maximum 10%

 

International Gemmological Institute IPO GMP (IGI IPO GMP)

As on GMP (Tentative)
19 December 2024 Rs 75

International Gemmological Institute IPO (IGI IPO) GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

International Gemological Institute IPO (IGI IPO) Dates

Find below the dates for International Gemmological Institute IPO (IGI IPO)

Schedule Date
Basis of Allotment 18 December 2024
Refunds 19 December 2024
Credit to Demat Account 19 December 2024
IPO Listing Date 20 December 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Dec 2021 Dec 2022 Dec 2023
Net Sales 364.69 490.87 636.2
Total Expenditure 124.04 154.35 183.45
Operating Profit 240.65 336.52 452.75
Other Income 9.6 8.77 11.23
Interest 1.71 2.3 2.48
Depreciation 12.5 11.08 12.81
Exceptional Items 0 0 0
Profit Before Tax 236.05 331.91 448.7
Provision for Tax 64.52 87.6 119.04
Net Profit 171.53 244.3 329.66
Adjusted EPS (Rs.) 0.43 0.62 0.83

Balance Sheet (All Figures are in Crores.)

Particulars Dec 2021 Dec 2022 Dec 2023
Equity and Liabilities
Share Capital 0.4 0.4 0.4
Total Reserves 242.19 341 515.66
Borrowings 0 0 0
Other N/C liabilities 20.65 31.33 30.23
Current liabilities 56.46 39.08 63.69
Total Liabilities 319.69 411.81 609.97
Assets
Net Block 93.1 108.45 115.06
Capital WIP 0 0.25 20.16
Intangible WIP 0 0 0
Investments 0 0.05 3.31
Loans & Advances 3.62 10.97 33.36
Other N/C Assets 17.84 19.04 78.87
Current Assets 205.14 273.04 359.22
Total Assets 319.69 411.81 609.97
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Dec 2021 Dec 2022 Dec 2023
Profit from operations 236.05 331.91 448.7
Adjustment 5.58 5.08 12.53
Changes in Assets & Liabilities 0.06 -42.47 -29.35
Tax Paid -48.3 -95.98 -133.27
Operating Cash Flow 193.39 198.54 298.6
Investing Cash Flow -12.71 -48.1 -68.44
Financing Cash Flow -171.48 -153.77 -148.82
Net Cash Flow 9.2 -3.34 81.34
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