International Gemmological Institute shares list at 22% premium against issue price on BSE, NSE

International Gemmological Institute (IGI) shares debuted on NSE and BSE with premiums exceeding 20%. The IPO, oversubscribed 35 times, will fund acquisitions and corporate purposes. IGI, holding a 50% Indian market share and 33% global share, reported slightly lower revenue and profit for the nine months ending September 2024.