31 Dec 2021
Assets319.69
Total Income374.29
Profit After Tax171.53
NET Worth242.59
Reserves and Surplus119.40
At a glance
Updated 2026-09-12International Gemmological Institute is a Mainboard IPO with an issue size of ₹4,225.00 crore, proposed for listing on BSE, NSE. The issue structure includes a fresh issue of ₹1,475.13 crore and an offer-for-sale component of ₹2,749.87 crore.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹4,225.00 Cr
Fresh issue₹1,475.13 Cr
Offer for sale₹2,749.87 Cr
Face value₹2
Price band₹397.00–₹417.00
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from the Promoter; and | ₹1,300.00 Cr |
| General corporate purposes. | ₹109.74 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue619.49₹ Cr · -4.5% vs prior year
PAT326.06₹ Cr · +0.4% vs prior year
Assets775.60₹ Cr · +28.6% vs prior year
Net Worth643.41₹ Cr · +26.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Dec 2022
Assets409.03
Total Income499.33
Profit After Tax241.76
NET Worth339.07
Reserves and Surplus111.46
31 Dec 2023
Assets603.20
Total Income648.66
Profit After Tax324.74
NET Worth509.01
30 Sep 2024
Assets775.60
Total Income619.49
Profit After Tax326.06
NET Worth643.41
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 76.58% |
| ROCE | 80.96% |
| RoNW | 76.58% |
| PAT Margin | 54.68% |
Valuation & shareholding
Pre-IPO P/E50.98
Post-IPO P/E82.9
Promoter holding pre100%
Promoter holding post76.55%
Market cap₹18020.85 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| IGI International Gemmological Institute (India) IPO | — | 82.90 x | — | — |
| WeWork India IPO | — | 67.75 x | — | — |
| Dev Accelerator IPO | — | 315.45 x | — | — |
| Indiqube Spaces IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs fees and commissions (including underwriting commission) | ₹99.71 Cr |
| Brokerage, selling commission, bidding charges, processing fees and bidding charges for the Members of the Syndicate, Registered Brokers, SCSBs, RTAs and CDPs (2)(3)(4)(5)(6) | ₹4.32 Cr |
| Advertising and marketing expenses for the Offer | ₹25.13 Cr |
| Other expenses | ₹19.34 Cr |
| Listing fees, SEBI filing fees, BSE & NSE processing fees, book building software fees and other regulatory expenses, | ₹2.20 Cr |
| Printing and stationery expenses | ₹14.58 Cr |
| Fees payable to the legal counsel | ₹7.82 Cr |
| Fees payable to other advisors to the Offer including but not limited to industry expert,^ valuers, & independent chartered accountant,@ auditors,§ etc. | — |
| Fees payable to the Registrar to the Offer | ₹13.83 Cr |
| Miscellaneous | — |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-12.
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