Business Standard

International Gemological Institute India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

4,000.00 cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

International Gemological Institute India Ltd News

    International Gemological Institute India Ltd IPO Details

    Initial public offering of up to [*] 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. [*] per equity share (including a premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. 4000.00 crores (the Offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 1250.00 crores (the Fresh Issue) and an offer for sale (the Offer for Sale) of up to [*] equity shares of face value Rs. 2 each aggregating up to Rs. 2750.00 crores, by Bcp Asia ii Topco Pte. Ltd. (Promoter Selling Shareholder) (Offered Shares). This offer includes a reservation of up to [*] equity shares of face value Rs. 2 each (constituting up to [*]% of the post-offer paid-up equity share capital of the company) aggregating up to Rs. [*] crores for subscription by eligible employees (as defined hereinafter) (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer will constitute [*]% and [*]% of the 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 [*] times the face value of the equity shares. The price band and the minimum bid lot shall be decided by the company.

    Objective of issue

    Payment of the purchase consideration for the acquisition of the IGI Belgium Group and IGI Netherlands Group for its promoters. General corporate purposes.

    International Gemological Institute India Ltd Contact Details

    International Gemological Institute India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investor.relations@igi.org

    Website - https://www.igi.org/