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IGI IPO allotment Status Check: Allotment of International Gemological Institute (India) IPO shares is likely to be finalized today, Thursday, December 19, 2024. The public offer, which closed for subscription on Tuesday, December 17, 2024, received good participation from investors.

IGI IPO Allotment Status

Once the allotment is finalised, investors can check their status on the official websites of BSE, NSE or the issue's registrar KFin Technologies. Alternatively, they can use the following link to check IGI IPO allotment status directly.

International Gemmological Institute IPO allotment date: How to check status online on Kfin Technologies

  • Check IGI IPO Allotment Status on Kfin Technologies:https://ipostatus.kfintech.com/
  • Select one of the five servers displayed on the screen
  • Select 'International Gemmological Institute' from the list
  • Enter Application Number, PAN or DP Client
  • Click on Submit

International Gemmological Institute IPO allotment status on NSE : Steps to check

International Gemmological Institute IPO allotment status can also be checked on the BSE website.

Check IGI IPO Allotment Status on BSE:https://www.bseindia.com/investors/appli_check.aspx

IGI IPO Grey Market Premium (GMP) Today

According to sources tracking grey market movements, unlisted shares of IGI were trading at Rs 507, showing a grey market premium (GMP) of Rs 90 or 21.58 per cent over the upper end of the IPO price band of Rs 417.

IGI IPO Subscription Status

IGI's Rs 4,225-crore public offer, priced at Rs 397-417 per share with a lot size of 35 shares, received bids for 1,97,83,35,590 shares against 5,85,60,902 shares on offer. This resulted in an overall oversubscription of 33.78 times by the end of the subscription period, according to BSE data. The IPO was most sought after by qualified institutional buyers (QIBs), who subscribed 45.80 times more than the quota reserved for them. Non-institutional investors (NIIs) subscribed 24.84 times more than their allotted quota, while retail individual investors (RIIs) subscribed 11.21 times. The employee reserved quota was oversubscribed 20.63 times.