International Gemmological Institute (India) Ltd

Past performance
Performance overview
About International Gemmological Institute (India) Ltd International Gemological Institute India Limited (IGI India), incorporated in 1999 and headquartered in Mumbai, is a prominent player in the gem and jewelry certification industry. Operating as part of the International Gemmological Institute (IGI) Group, its core business involves certification and accreditation of natural diamonds, lab-grown diamonds, studded jewelry, and colored stones. Additionally, it offers specialized educational programs in gemology. Converted into a public limited company in 2024, IGI India is currently in the process of raising up to Rs 4,000 crore through an equity share offering. The IGI Group, established in Belgium in 1975, has a global presence with 31 branches housing gemological laboratories across 10 countries and 18 gemology schools across 6 countries. Pioneering in jewelry identification reports (1980) and diamond certification (1999), IGI has consistently been at the forefront of innovation. The group was the first to issue certification reports for lab-grown diamonds in 2005 and later launched the Dcheck System in 2018 to distinguish between natural and lab-grown diamonds. A notable milestone in IGI India’s offerings came in 2021 with in-factory laboratory setups for lab-grown diamond manufacturers in India, providing on-site certification services. This move underscores IGI's dedication to integrating services with its clients' operational frameworks. Ownership of IGI India shifted in 2019 when Alpha Yu and Lorie Holding sold their combined 100% shareholding to BCP TopCo. With its strong global legacy, innovative technology, and strategic initiatives, IGI India is well-positioned to leverage its growth potential, attracting attention from investors and stakeholders amid its current capital-raising endeavors.
Website igi.org
Founded 1999
Headquarters Mumbai