The allotment status for the International Gemmological Institute (IGI) IPO is now available, following the finalization of the basis of allotment. The Rs 4,225 crore IPO, which opened on December 13 and closed on December 17, 2024, witnessed a strong response on the final day, with an overall subscription of 33.78 times. Retail investors oversubscribed their portion by 2.44 times, while employees subscribed 6.69 times their reserved quota. Priced in the range of Rs 397–417 per share, the IPO saw a grey market premium of Rs 125, with shares trading at Rs 542.
Investors who participated in the International Gemmological Institute (IGI) IPO can now check their allotment status online. After the IPO subscription period ends, the allotment process begins, and investors eagerly await confirmation on whether they have been allotted shares. To simplify this, the allotment status for IGI IPO is made available on trusted platforms such as Kfintech Ltd. and the Bombay Stock Exchange (BSE) website.
Overview of Contents
How to Check International Gemmological IPO Allotment Status: A Step-by-Step Guide
KfinTech | IPO Allotment Page |
NSE/BSE | IPO Allotment Page |
Equity Market Insights | IPO Allotment Status Page |
Step 1: How to Check International Gemmological Institute IPO Allotment Status on KfinTech?
To check the allotment status of the International Gemmological Institute IPO on KfinTech, follow these steps:
- Visit the KfinTech IPO allotment page at KfinTech.com.
- From the drop-down menu, select the IPO name, ‘International Gemmological Institute’.
- Choose one of the following options to proceed:
-
- PAN Number
- Application Number
- DP ID (Demat Account Number)
- Enter the required details based on your selection.
- Click the ‘Search’ button to view your allotment status.
Step 2: How to Check International Gemmological Institute IPO Allotment Status on BSE, NSE?
You can also check your IGI IPO allotment status through the stock exchanges:
- Visit the BSE IPO allotment page at BSEIndia.com or NSE IPO allotment page at NSEIndia.com.
- Select ‘International Gemmological Institute’ from the drop-down menu.
- Choose an identification method:
- PAN Number
- Application Number
- DP ID (Demat Account Number)
- Enter the relevant details and click on the ‘Search’ button.
- Your allotment status will be displayed on the screen.
Step 3: How to Check International Gemmological Institute IPO Allotment in the Demat Account?
Follow these steps to check if IGI IPO shares are credited to your Demat account:
- Contact your broker or log in to your Demat/Trading account.
- Look for the stock under the holdings section.
- If shares are visible, you have been allotted the IPO; if not, you have not received any allotment.
Step 4: How to Check International Gemmological Institute IPO Allotment in a Bank Account?
You can also verify the allotment through your bank account:
- Log in to the bank account used to apply for the IPO.
- Check the ‘Balance’ or ‘Transactions’ section:
- If shares are allotted, the IPO amount will be debited from your account.
- If not allotted, the IPO amount will be refunded.
- You may also receive an SMS notification confirming the debit or refund status, e.g., “Dear Customer, [Bank Name] Account [Account Number] is debited with INR [Amount] on [Date]. Info: International Gemmological Institute IPO.”
IGI IPO Dates
Event | Date | Details |
---|---|---|
IPO Open Date | Friday, December 13, 2024 | The IPO subscription opens for investors. |
IPO Close Date | Tuesday, December 17, 2024 | Final day for subscription. |
Basis of Allotment Finalization | Wednesday, December 18, 2024 | The allotment of shares will be finalized based on investor categories. |
Initiation of Refunds | Thursday, December 19, 2024 | Refunds for unallocated shares will be processed. |
Credit of Shares to Demat Accounts | Thursday, December 19, 2024 | Successful applicants will have shares credited to their demat accounts. |
Listing Date | Friday, December 20, 2024 | The IPO shares are expected to debut on BSE and NSE. |
Cut-off Time for UPI Mandate | 5 PM on December 17, 2024 | UPI mandate approvals must be completed by this deadline. |
Conclusion
Checking the IPO allotment status for the International Gemmological Institute IPO is a straightforward process using KfinTech, stock exchanges like BSE or NSE, your Demat account, or your bank account. Following the steps outlined above ensures you can quickly verify whether you’ve been allotted shares or not. With the allotment process complete, investors eagerly await the listing date to see how the shares perform in the market.