International Gemmological Institute (India) Ltd.

Incorporated in February 1999, International Gemmological Institute (India) Limited is a globally recognized organization certifying and grading diamonds, gemstones, and jewellery.IGI provides independent grading reports that analyze and certify the characteristics of stones using internationally recognized standards. These reports include details about the stone's colour, cut, clarity, and carat weight.IGI also offers education courses and degree plans for the gem and jewellery trade and has a research department.IGI operates 31 laboratories worldwide that grade finished jewellery, natural diamonds, lab-grown diamonds, and gemstones. Additionally, it has 18 gemology schools that graduate thousands of students each year.The services offered by the company are as followsDiamond grading includes reports on the 4Cs (cut, colour, clarity, carat weight) for natural and lab-grown diamonds and details on fluorescence and symmetry.Evaluating the quality and authenticity of coloured stones like rubies, sapphires, and emeralds and issuing detailed grading reports.Evaluating finished jewellery involves assessing diamond and coloured stone quality, craftsmanship, and overall value.Offering educational programs and courses in gemology, diamond grading, jewellery design, and related subjects.As of September 30, 2024, the company has a network of 20 laboratories and 9 schools under the Pre-Acquisition Group, supported by 843 employees, including 316 gemologists and other professionals in research, education, and certification processes.As of September 30, 2024, IGI's certification business operates through 31 branches and laboratories in 10 countries, including key markets like Surat and Mumbai in India, Antwerp, New York, Bangkok, Dubai, Hong Kong, and Shanghai.Competitive StrengthThe company is the second-largest independent certification provider globally for diamonds and jewellery, operating in a high-barrier industry.Provider of certification services for the rapidly growing laboratory-grown diamond industry.An extensive range of certification and accreditation services is offered to a diverse group of customers throughout the value chain.Education initiatives that support spreading awareness, building customer partnerships and the company's brand.

International Gemmological Institute (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects: