International Gemmological Institute IPO sees 37% subscription on Day 2 so far; retail, employees lead
Blackstone-backed diamond grading firm International Gemmological Institute (India) Ltd's IPO saw 36% subscription till 12:15 pm on December 16, the second day of bidding. The IPO received bids for 2.19 crore shares as against the 5.85 crore shares on offer.
International Gemmological Institute IPO day 2: GMP, subscription status to review. Apply or not?
The IGI IPO, backed by Blackstone, is open until December 17, targeting ₹4,225 crore. As of the second day, subscription stood at 30%, with retail investors subscribed 1.16 times. The company specializes in diamond certification and holds a 33% market share globally.
International Gemmological Institute IPO: Subscription status, latest GMP & more
Mumbai-based International Gemmological Institute (India) is selling its shares in the price band of Rs 397-417 apiece. Investors can apply for a minimum of 35 shares and its multiples thereafter.
International Gemmological Institute IPO sees lukewarm response
The initial public offering (IPO) of International Gemmological Institute (India) Limited is experiencing subdued investor interest as it approaches its final day of subscription on December 17, 2024.
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International Gemmological Institute IPO Day 2 Live Updates: Issue booked 27% so far; retail portion fully subscribed
IGI IPO hit the Indian primary market on Friday, December 13. The ₹4,225 crore book-built issue, which combines a fresh issue and an offer for sale (OFS), will conclude on Tuesday, December 17.
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