International Gemmological Institute (India) Limited IPO
The Pre-Acquisition Group specializes in providing certification and accreditation services for the diamond and gemstone industry, as well as offering educational programs. This group operates under the International Gemmological Institute (“IGI”) brand, focusing on the Indian and Turkish markets. IGI is a globally recognized name in the gemological certification sector.
1. Core Business Areas:
i. Certification of natural diamonds, laboratory-grown diamonds, studded jewelry, and colored stones.
ii. Educational programs in gemology and jewelry design.
2. Market Position:
i. India: – The group holds a 50% market share in certification services for diamonds, studded jewelry, and colored stones as of CY2023, making it the largest independent certifier in the country.
ii. Türkiye: – The group operates a dedicated IGI laboratory.
Services and Offerings:
i. Diamond Certification ii. Colored Stone Evaluation
iii. Jewelry Grading iv. Educational Programs
Competitive Advantage:
The Pre-Acquisition Group benefits from a robust infrastructure, industry expertise, and a strong educational foundation, enabling it to lead the certification and accreditation market in India and Türkiye. Its ability to offer an extensive laboratory network and in-depth educational programs ensures it remains a trusted authority in gemological certification.
Objects of the International Gemmological Institute (India) Limited IPO:
International Gemmological Institute (India) Limited IPO Details:
Open Date: | Dec 13 2024 |
Close Date: | Dec 17 2024 |
Total Shares: | 101,318,945 |
Face Value: | ₹ 2 Per Equity Share |
Issue Type: | Book Building |
Issue Size: | 4,225.00 Cr. |
Lot Size: | 35 Shares |
Issue Price: | ₹ 397 - 417 Per Equity Share |
Listing At: | NSE,BSE |
Listing Date: | Dec 20 2024 |
Promoters And Management:
Financials of International Gemmological Institute (India) Limited IPO:
Year | Revenue (Cr) | EBITDA (Cr) | PAT (Cr) | RONW (%) | ROCE (%) | No. of Labs |
FY21 | 364 | 246 | 171 | 74.39% | 86.79% | 16 |
FY22 | 490 | 335 | 241 | 83.13% | 87.09% | 19 |
FY23 | 638 | 450 | 324 | 76.58% | 80.96% | 20 |
9MFY24 | 596 | 429 | 326 | 56.59% | 62.19% | 20 |
Comparison With Peers:
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Registrar of International Gemmological Institute (India) Limited IPO:
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