International Gemological Institute Share Price, IGI IPO GMP, Allotment Status Live Updates: IGI IPO oversubscribed 35.48 times; gets Rs 4,225 crore at NSE and BSE at premium. Check Listing Details!
International Gemological Institute (IGI) Share Price, IPO Listing Live Updates: An IPO it floated with 23% premium and made a debut on Dalal Street. It got an overall subscription of 35.48 times. The public received its portion, the retail investors 11.77 times and the employee category about 21. The issue was subscribed 48.11 times by Qualified Institutional Buyers (QIBs).The IGI IPO was able to mobilize ₹4,225 crore consisting of a fresh issue and an offer for sale. Preferential subscription started from December 13 and closed on December 17 and arrangement of share allotment made on December 18. The initial public offer included the price range of ₹397 to ₹417 per share. Jointly mentoring the issue were Axis Capital, Kotak Mahindra Capital Company, Morgan Stanley India Company, and SBI Capital Markets, with Kfin Technologies as the registrar.
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