INTERNATIONAL GEMMOLOGICAL INSTITUTE (INDIA) LIMITED

INTERNATIONAL GEMMOLOGICAL INSTITUTE (INDIA) LIMITED Rs. 4,225 CRORE INITIAL PUBLIC OFFERING TO OPEN ON FRIDAY, DECEMBER 13, 2024

 Price Band fixed at Rs. 397 to Rs 417 per equity share of face value of Rs. 2 each (“Equity

Shares”)

 Bid /Issue Opening Date – Friday, December 13, 2024 and Bid/Issue Closing Date – Tuesday,

December 17, 2024

 Bids can be made for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares

thereafter.

 A discount of Rs. 39.7 – Rs. 41.7 per Equity Share is being offered to Eligible Employees bidding in

the Employee Reservation Portion.

 RHP Link: https://www.axiscapital.co.in/wp-content/uploads/INTERNATIONAL-GEMMOLOGICAL-INSTITUTE-INDIA-LIMITED-Red-Herring-Prospectus.pdf

International Gemmological Institute (India) Limited (“IGI” or “The Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Friday, December 13, 2024.

The total offer size of equity shares (face value of Rs. 2 each) aggregating up to Rs. 42,250 million [Rs. 4,225 crore] comprises a Fresh Issue of aggregating up to Rs. 14,750 million [Rs. 1,475 crore] and Offer for Sale of equity shares aggregating up to Rs. 27,500 million [Rs. 2,750 crore]. (“Total Offer Size”). Price Band of the issue is fixed at Rs. 397 to Rs 417 per equity share. (“The Price Band”).

The price band includes a discount of Rs. 39.7 – Rs. 41.7 per Equity Share is being offered to Eligible

Employees bidding in the Employee Reservation Portion (“Employee Reservation Portion Discount”). Bids can be made for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares thereafter. (“Bid Lot”). The Company proposes to utilize the Net Proceeds towards funding the following objects – Payment of the purchase consideration for the acquisition of IGI Belgium Group and IGI Netherlands Group from Promoter estimated to Rs. 13,000 million [Rs. 1,300 crore]; and the balance amount towards General corporate purpose.

(“Object of the Offer”) The offer for sale comprises of equity shares aggregating up to Rs. 27,500 million [Rs. 2,750 crore] by BCP Asia II TopCo Pte. Ltd. (“Promoter Selling Shareholder”)

The Equity Shares are being offered through the Red Herring Prospectus of the Company dated December 06, 2024; filed with the Registrar of Companies Maharashtra, Mumbai. (“ROC”)