International Gemmological IPO Allotment Status

Summary

International Gemmological Institute IPO has closed with a strong response from investors, achieving a notable final subscription of 35.48 times by December 17, 2024 at 6:20:08 PM (Day 3). The public issue demonstrated significant investor interest across categories, with the QIB segment leading the momentum. The QIB category showed robust enthusiasm with 48.11 times subscription, while the NII category achieved 26.09 times subscription (bNII: 29.78 times, sNII: 18.70 times). The Retail category was subscribed 11.77 times, and notably, the Employee portion received strong interest with 21.79 times subscription. The Anchor Investors portion was fully subscribed. This book built issue has attracted a total of 41,83,197 applications, indicating substantial market interest in the company's global gemological certification business.

How to Check International Gemmological Institute IPO Allotment Status:

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

How to Check International Gemmological Institute IPO Allotment Status on the Registrar's Site?

• Visit the web portal of Kfin Technologies Limited (https://ris.kfintech.com/ipostatus/)
  From the dropdown menu, select International Gemmological Institute IPO
  Choose one of the following modes: PAN ID, Demat Account number, or Application number
  Enter the information relevant to the mode you have chosen
  For security purposes, fill out the captcha accurately
  Click "Submit"
   

How to Check International Gemmological Institute IPO Allotment Status on BSE/NSE:

• Visit the BSE SME website (https://www.bseindia.com/investors/appli_check.aspx)
• Look for the IPO Allotment Status section
• Select "International Gemmological Institute Limited" from the dropdown menu
• Enter your application number and PAN ID
• Click on 'I am not a robot' and then click "Search"

How to Check IPO Allotment Status in a Bank Account:

• Log into your Internet Banking: Go to your bank's website or mobile app and log in.
• Explore IPO Section:  Locate the "IPO Services" or "Application Status" sections
• Offer Required Information: Provide information like your PAN, application number, or other identifiers
• Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.
• Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account:

• Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP).
• Find IPO Section: Look for the section titled "IPO" or "Portfolio".
• Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account.
• Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify the allocation.
• Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

International Gemmological Institute IPO Timeline:

International Gemmological Institute IPO Subscription Status 

International Gemmological Institute IPO received 35.48 times subscription with 41,83,197 applications. By December 17, 2024 at 6:20:08 PM (Day 3), the detailed subscription status revealed:

Subscription Day 3 (Final)

• Total Subscription: 35.48 times
• QIB: 48.11 times 
• NII: 26.09 times
• Retail investors: 11.77 times 
   

Subscription Day 2 (December 16, 2024)

• Total Subscription: 0.77 times
• QIB: 0.09 times
• NII: 0.88 times (bNII: 0.62 times, sNII: 1.40 times)
• Retail investors: 2.58 times
• Employee: 7.13 times

Subscription Day 1 (December 13, 2024)

• Total Subscription: 0.18 times
• QIB: 0.00 times
• NII: 0.15 times (bNII: 0.09 times, sNII: 0.27 times)
• Retail investors: 0.75 times
• Employee: 2.54 times

International Gemmological Institute IPO Details: 

International Gemmological Institute's initial public offering (IPO) is a book built issue of ₹4,225.00 crores. This offering consists of a fresh issue of 3.54 crore shares aggregating to ₹1,475.00 crores and an offer for sale of 6.59 crore shares aggregating to ₹2,750.00 crores.

The bidding process commenced on December 13, 2024 and concluded on December 17, 2024. The allotment results are anticipated to be finalised on December 18, 2024. Furthermore, the shares of International Gemmological Institute are set to be listed on BSE and NSE, with a provisional listing date scheduled for December 20, 2024.

The price band is set at ₹397-417 per share. Investors must apply for a minimum lot size of 35 shares, which requires a minimum investment of ₹14,595 for retail investors. For small NII (sNII), the minimum investment is 14 lots (490 shares), totalling ₹2,04,330, while for big NII (bNII), it is 69 lots (2,415 shares), totalling ₹10,07,055.

Axis Capital Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd, and SBI Capital Markets Limited serve as the book running lead managers for the IPO, while Kfin Technologies Limited is designated as the registrar for this offering.