International Gemmological IPO subscribed 72% on Day 2 of offer

The International Gemmological Institute (India) Ltd's IPO was subscribed 72% on its second day. Retail investors showed strong interest, while institutional investors lagged. The IPO aims to raise ₹4,225 crore, with a portion going towards acquiring IGI Belgium and IGI Netherlands. The offer closes December 17.

International Gemmological IPO subscribed 72% on Day 2 of offer

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The International Gemmological Institute (India) Ltd's IPO was subscribed 72% on its second day. Retail investors showed strong interest, while institutional investors lagged. The IPO aims to raise ₹4,225 crore, with a portion going towards acquiring IGI Belgium and IGI Netherlands. The offer closes December 17.