International Gemmological Institute (India) Ltd IPO |
Registered Office:
702 7th Floor The Capital,Bandra Kurla Complex Bandra(E)
,
Mumbai
-
400051
,
Maharashtra
, India.
Phone :
+91 22 4035 2550 Fax:
Email : investor.relations@igi.org
Website : https://www.igi.org/
|
| Initial public offering of 101,323,893# 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)417 per equity share (including a premium of (Rs)415 per equity share) ("Offer Price") aggregating to (Rs)4225.00# crores (the "Offer") comprising a fresh issue of 35,376,651# equity shares of face value (Rs)2 each aggregating to (Rs)1475.00# crores (the "Fresh Issue") and an offer for sale (the "Offer for Sale") of 65,947,242# equity shares of face value (Rs)2 each aggregating to (Rs)2750.00# crores, by BCP Asia ii Topco Pte. Ltd. ("Promoter Selling Shareholder") ("Offered Shares).
This offer included a reservation of 52,910# equity shares of face value
(Rs)2 each (constituting 0.01% of the post-offer paid-up equity share capital of the company) aggregating to (Rs)2.00 crores for subscription by eligible employees (as defined hereinafter) (the "Employee Reservation Portion"). The company, in consultation with the brlms offered a discount of 9.35% of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 23.45% and 23.43% of its 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 50.98 times the face value of the equity share.
# Subject to finalisation of basis of allotment.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 13-Dec-24 |
17-Dec-24 |
(Rs)417.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :35 Further Multiples of :35 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
1409.74 |
|
| Project Financed through Current Offer |
4225.00 |
|
| Post Issue Equity Share Capital |
86.43 |
|
| Issue Price |
(Rs)417.00 |
|
|