As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years.
| Symbol | IGCL |
| Issue Period | 26-June-2025 to 30-June-2025 |
| Cut-off time for UPI Mandate Confirmation | 30-June-2025 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate. |
| Issue Size | "Initial Public offer comprising Fresh Issue aggregating up to Rs.1,600 million and Offer for Sale Up to 3,603,603 Equity Shares" |
| Issue Type | 100% Book Building |
| Price Range | Rs. 105 to Rs. 111 per Equity Share |
| Discount | Rs. 11 per equity share to eligible employees |
| Face Value | Rs.10 per Equity Share |
| Tick Size | Re.1 |
| Bid Lot | 135 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 135 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Maximum Subscription Amount for Eligible Employee | Rs. 5,00,000 |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Book Running Lead Managers | Systematix Corporate Services Limited |
| Sponsor Bank | HDFC Bank Limited and ICICI Bank Limited |
| Categories | "FI, IC, MF, FII, OTH, CO, IND,NOH and EMP" |
| Sub-Categories applicable for UPI | IND and EMP (upto 5 Lakhs) |
| Name of the Registrar | Bigshare Services Private Limited |
| Address of the Registrar | "Office No. S6-2, 6th floor, Pinnacle Business Park, Next to Ahura Centre Mahakali Caves Road, Andheri East, Mumbai - 400093, India" |
| Contact person name number and Email id | "Vinayak Morbale,+91 22 6263 8200, ipo@bigshareonline.com" |
| e-form link | e-Forms |
| Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form | SCSB List |
| Ratios / Basis of Issue Price | download |
| Red Herring Prospectus | download |
| Bidding Centers | download |
| Sample Application Forms | download |
| Security Parameters (Pre Anchor) | download |
| Processing of ASBA Applications | NSE Circular on ASBA Application Processing |
| Remark | "The dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only." |