International Gemmological Institute (IGI) IPO
Gem Certification/Services - Listed on 20 December 2024
International Gemmological Institute (IGI) IPO listing summary
International Gemmological Institute (IGI) (Gem Certification/Services) closed its IPO window in 2024 and listed on NSE and BSE on 20 December 2024 at an upper band issue price of Rs 417, opening at Rs 471.17 for a listing gain of +13.0% and closing day one at Rs 471.17 (+13.0% on closing basis). The IPO was subscribed 80.78x overall - QIB 201.06x, HNI/NII 76.40x, Retail 22.04x. The total issue size was Rs 4,050 Cr (Fresh Issue Rs 1300 Cr, OFS Rs 2750 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
International Gemmological Institute (IGI) IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 125 | +45.56% |
| Day 2 | Rs 125 | +44.36% |
| Day 3 | Rs 140 | +44.36% |
| Day 4 | Rs 165 | +41.97% |
| Day 5 | Rs 175 | +44.60% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the International Gemmological Institute (IGI) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
International Gemmological Institute (IGI) IPO - FAQs
What was the listing gain of International Gemmological Institute (IGI) IPO?
International Gemmological Institute (IGI) IPO listed at +13.0% versus the upper issue price of Rs 417 on 20 December 2024.
How many times was International Gemmological Institute (IGI) IPO subscribed?
International Gemmological Institute (IGI) IPO was subscribed 80.78x overall. QIB portion was subscribed 201.06x, HNI / NII 76.40x and Retail 22.04x.
What was the IPO GMP for International Gemmological Institute (IGI)?
IPO GMP started at Rs 125 on Day 1 and moved to Rs 175 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.