02 Apr, EOD - Indian

Nifty Smallcap 100 15650.5 (-0.38)

Nifty IT 30441.45 (2.60)

Nifty Next 50 61957.6 (0.07)

Nifty 50 22713.1 (0.15)

SENSEX 73319.55 (0.25)

Nifty Midcap 100 53677.05 (-0.26)

Nifty Pharma 21808.4 (-0.92)

Nifty Bank 51548.75 (0.19)

02 Apr, EOD - Global

NIKKEI 225 52463.27 (-2.38)

HANG SENG 25116.54 (-0.70)

S&P 6598.83 (0.04)


IPO Synopsis

You are Here : Home > Home > Markets > IPO > IPO Synopsis
International Gemmological Institute (India) Ltd
Registered Office: 702 7th Floor The Capital,Bandra Kurla Complex Bandra(E) , Mumbai - 400051 , Maharashtra , India.
Phone : +91 22 4035 2550
Fax :
Email :  investor.relations@igi.org  
Website :  https://www.igi.org/
Initial public offering of 101,323,893# equity shares of face value of Rs. 2 each ("Equity Shares") of International Gemmological Institute (India) Limited (The "Company" or the "Company") for cash at a price of Rs. 417 per equity share (including a premium of Rs. 415 per equity share) ("Offer Price") aggregating to Rs. 4225.00# crores (the "Offer") comprising a fresh issue of 35,376,651# equity shares of face value Rs. 2 each aggregating to Rs. 1475.00# crores (the "Fresh Issue") and an offer for sale (the "Offer for Sale") of 65,947,242# equity shares of face value Rs. 2 each aggregating to Rs. 2750.00# crores, by BCP Asia ii Topco Pte. Ltd. ("Promoter Selling Shareholder") ("Offered Shares). This offer included a reservation of 52,910# equity shares of face value Rs. 2 each (constituting 0.01% of the post-offer paid-up equity share capital of the company) aggregating to Rs. 2.00 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The company, in consultation with the brlms offered a discount of 9.35% of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 23.45% and 23.43% of its post-offer paid-up equity share capital of the company, respectively. The face value of equity shares is Rs. 2 each. The offer price is 50.98 times the face value of the equity share. # Subject to finalisation of basis of allotment.

Issue Money Payable On
Opened On Closed On Offer Price Application
13-Dec-24 17-Dec-24 ₹  417.00 ₹  417.00
Minimum Application for shares in Nos :35  Further Multiples of :35

  Lead Managers to the Issue
Project Cost ₹   1409.74 Cr
Axis Capital Ltd
Kotak Mahindra Capital Company Ltd
Morgan Stanley India Company Pvt Ltd
SBI Capital Markets Ltd
Project Financed through Current Offer ₹   4225.00 Cr  
Post Issue Equity Share Capital ₹   86.43 Cr  
Face Value ₹   2  
 
Projects
Payment of the purchase consideration for the acquisition of the IGI Belgium Group and IGI Netherlands Group for its promotersGeneral corporate purposes
Promoted By
BCP ASIA II Topco Pte.Ltd  
Listing At
BSE 
NSE 
Registrar to the Issue
No Data Found.
 
Basis of Allotment
Category Issue Price
(  )
No. of Applications No. of Equity
Shares Applied
Amount
(  )
No. of times Subscribed Shares Reserved No. of Shares Allotted
Retail Ind Investors (RIIs)   0   0   0   0.00   0   0   0  
Non Inst. Investors (NIIs)   0   0   0   0.00   0   0   0  
Qualified Inst Buyers (QIBs)   0   0   0   0.00   0   0   0  
Employees   0   0   0   0.00   0   0   0  
Existing Shareholders   0   0   0   0.00   0   0   0  
Anchor Investors   0   0   0   0.00   0   0   0  
Market Maker   0   0   0   0.00   0   0   0  
Non-Retail Investors   0   0   0   0.00   0   0   0  
Underwriter Devolvement   0   0   0   0.00   0   0   0  
Total   0   0   0   0.00   0   0   0  
 

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and Content powered by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +