Archive · 22 Dec 2025
IGI Shares Worth ₹7,700 Crore Free for Trade
The International Gemmological Institute India Ltd.
is a big company that checks diamonds and jewelry.
On December 22, 2023, a lot of its shares became available for trading because a one-year rule called a lock-in period ended.
This means that 244.4 million shares, which is more than half of the company's shares, can now be bought and sold.
The total value of these shares is about ₹7,735 crore.
The company's shares are currently worth ₹316.5, which is less than when they first started selling them.
The biggest owner of the company is a company called BCP Asia II TOPCO Pte Ltd., which owns more than three-fourths of the shares.
Other owners include big investment groups from Abu Dhabi and Singapore, as well as many small investors.
244.4 million shares (57% of outstanding equity) of International Gemmological Institute India Ltd. freed for trade as lock-in ends.
Total value of freed shares is approximately ₹7,735 crore based on Friday's closing price of ₹316.5.
Promoters hold 76.55% stake, with BCP Asia II TOPCO Pte Ltd. owning the entire stake.
Notable foreign shareholders include Abu Dhabi Investment Authority (1.33%) and Government of Singapore (1.97%).
Current share price is down 24% from IPO price of ₹417 and has halved from post-listing high of ₹642.
- Who
- International Gemmological Institute India Ltd. and its shareholders
- What
- End of shareholder lock-in period, freeing up shares for trade
- When
- December 22, 2023
- Where
- India (stock market)
- Why
- Completion of one-year shareholder lock-in period
- Company
- International Gemmological Institute India Ltd.
- Shares Freed
- 244.4 million (57% of outstanding equity)
- Value of Shares
- ₹7,735 crore
- Promoter Stake
- 76.55% (BCP Asia II TOPCO Pte Ltd.)
- Foreign Shareholders
- Abu Dhabi Investment Authority (1.33%), Government of Singapore (1.97%)
- Retail Shareholders
- 1.8 lakh (5.87% stake)
- Current Share Price
- ₹316.5 (as of December 22)
- IPO Price
- ₹417
