Check the online IPO allocation status of the International Gemmological Institute; GMP today

Current IGI IPO Allotment Status: The IGI IPO subscribers are anticipating the distribution of the unlisted shares. We will finalize the allocation of unlisted shares of the IGI IPO today, Wednesday, December 18, 2024. See how to check the status of your subscription online below.

On Tuesday, December 17, 2024, the International Gemmological Institute (India) Limited IPO subscription period, often known as the IGI IPO, commenced and ended. An oversubscription of 33.79 times occurred when shares of the offering were offered for 5,85,60,902 and shares were bid for 1,9786,25,565. The subscription period began on Friday, December 13, 2024.

IGI grades jewelry, gemstones, and diamonds in a number of locations worldwide. Since 1975, it has provided services to the industry.

The IGI IPO subscribers are anticipating the distribution of the unlisted shares. We will finalize the allocation of unlisted shares of the IGI IPO today, Wednesday, December 18, 2024.

 
The pricing range for the IGI IPO is Rs 397 to Rs 417 per share. On Friday, December 20, 2024, the issue will make its debut on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

 
Final subscription status for the IGI IPO
Qualified Institutional Buyers (QIBs) demonstrated the highest demand during the IGI IPO, placing bids for 1,46,17,02,830 shares out of the 3,19,11,839 shares available, resulting in a 45.80-fold oversubscription. Non Institutional Investors (NIIs), who subscribed 24.84 times for the IGI IPO, came after the QIBs.

When retail investors bid for 11,93,95,360 shares against the 1,06,37,279 offered shares, they subscribed 17.82 times for the IGI IPO. When 11,54,510 shares were bid against the 55,865 available, the employees' quota was oversubscribed by a factor of 20.67.

IGI IPO GMP

Several sources that monitor the gray market premium claim that the IGI IPO's current GMP is Rs 110. An investor's willingness to pay a premium over the issue price is reflected in the GMP.

On the websites of the BSE and issue registrar Kfin Technologies Ltd., investors who put bids in the company's Rs 4225 crore initial public offering (IPO) can view the share allocation status.
Here's how to use the BSE website to check the status: Follow this link to see the allocation page on the official BSE website: https://www.bseindia.com/investors/appli_check.aspx
Select 'Equity' under 'Issue Type' and then International Gemological Institute (India) IPO.
- Click 'Submit' after entering your application number or PAN.

How to use the Kfin Technologies website to check the status of an IPO allocation: https://ris.kfintech.com/ipostatus/.

• Choose one link from the five available alternatives.
• Choose "International Gemmological Institute India" from the drop-down menu.
• Enter your PAN, demat account number, or application number.
• Fill out the Captcha verification form.
• To view the status of the IPO allotment, click the "Submit" button.