International Gemmological Institute India Limited IPO Subscriptions Status Live Today
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International Gemmological Institute (India) Limited IPO Details
Issue Open |
13 December 2024 |
Issue Close |
17 December 2024 |
IPO Price |
₹397 - ₹417 per
equity share |
Face Value |
₹2 per equity share |
IPO Size |
₹4,225.00 Cr. |
Listing At |
NSE, BSE |
IPO Lot
Size |
35 shares |
IPO Investor Categories
• Qualified Institutional Buyers (QIB)- qualified institutional buyers (QIBs) are
large investors, their investment expertise, such as mutual funds, insurance
companies, pension funds and hedge funds, who are considered to have the
expertise and resources to evaluate investment opportunities - it requires
standards to be met, and retail investors are allowed to bid shares at prices
below the offer.
• Non-Institutional Investors (NII) - Non-institutional investors (NIIs), on the
other hand, generally consist of individual investors, high net worth
individuals (HNIs), or companies that do not meet the financial criteria a be
classified as QIBs and allowed to participate in Initial Public Offering IPOs
at the same price as retail investors.
NII category has two subcategories:
1. sNII - "sNII" means "small non-institutional
investor". This sub-category includes investors who have created shares of
₹2 lakh and ₹10 lakh in Initial Public Offering IPO.
2. bNII - "bNII" means "large non-institutional
investor". This sub-category includes investors who have created shares
worth more than ₹10 lakh in initial Public Offering IPO.
• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are
individual investors who apply for shares worth up to ₹2 lakh in Initial Public
Offering IPOs, aimed at encouraging retail participation in IPOs.
• Employee (EMP)- The employee (EMP) category in an IPO is reserved
for employees, directors and associate employees of the issuing company, and
the issuing company and the Initial Public Offering IPO's chief executive
officer determine the allocation of shares in this category.
• Others- An eligible group of shareholders or other investors with
investments in an Initial Public Offering IPO.
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