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International Gemological Institute
2.5
based on 34 Reviews
Company Overview
Company Locations
Working at International Gemological Institute
Company Summary
International Gemological Institute specializes in gem certification and appraisal services, ensuring accuracy and reliability for the jewelry industry globally.
Overall Rating
2.5/5
based on 34 reviews
33% below
industry average
Critically rated for
Work satisfaction, Skill development, Job security
Work Policy
Work from office
92% employees reported
Monday to Friday
87% employees reported
Strict timing
83% employees reported
No travel
36% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
1 employee reported
Health insurance
1 employee reported
Job/Soft skill training
1 employee reported
View detailed benefits
About International Gemological Institute
Founded in--
India Employee Count51-200
Global Employee Count--
Headquarters--
Office Locations
--
Websiteigiworldwide.com
Primary Industry
Other Industries
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International Gemological Institute (IGI) is the largest organization in the world offering gem certification and appraisal services for diamonds, colored gemstones, and jewelry. With offices in multiple locations worldwide, IGI provides laboratory testing, identification, and evaluation of diamonds and other gemstones for the jewelry industry. The organization is known for its expertise and reliability in the gemological field.
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International Gemological Institute Ratings
based on 34 reviews
Overall Rating
2.5/5
How AmbitionBox ratings work?
5
13
4
5
3
5
2
2
1
9
Category Ratings
3.3
Salary
2.7
Promotions
2.6
Work-life balance
2.4
Company culture
2.3
Job security
2.3
Skill development
2.3
Work satisfaction
International Gemological Institute is rated 2.5 out of 5 stars on AmbitionBox, based on 34 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at International Gemological Institute
based on 31 reviews
1.8
Rated by 14 Women
Rated 2.2 for Salary and 1.9 for Work-life balance
2.9
Rated by 17 Men
Rated 3.9 for Salary and 3.4 for Career growth
Work Policy at International Gemological Institute
based on 12 reviews in last 6 months
Work from office
92%
Permanent work from home
8%
International Gemological Institute Reviews
Top mentions in International Gemological Institute Reviews
Compare International Gemological Institute with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 2.5/5 based on 34 reviews | 3.7/5 based on 248 reviews | 4.0/5 based on 242 reviews | 3.8/5 based on 212 reviews |
Highly Rated for | No highly rated category | Skill development | Skill development Work-life balance Company culture | No highly rated category |
Critically Rated for | Skill development Job security Work satisfaction | Promotions Job security Salary | No critically rated category | Promotions Salary |
Primary Work Policy | Work from office 92% employees reported | Work from office 94% employees reported | Work from office 62% employees reported | Work from office 89% employees reported |
Rating by Women Employees | 1.8 Bad rated by 14 women | 3.6 Good rated by 59 women | 3.9 Good rated by 51 women | 3.8 Good rated by 139 women |
Rating by Men Employees | 2.9 Poor rated by 17 men | 3.7 Good rated by 167 men | 3.6 Good rated by 103 men | 3.9 Good rated by 47 men |
Job security | 2.3 Poor | 3.2 Average | 3.9 Good | 3.4 Average |
View more
International Gemological Institute Salaries
International Gemological Institute salaries have received with an average score of 3.3 out of 5 by 34 employees.
Back Office Executive
(35 salaries)
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₹1.7 L/yr - ₹4.5 L/yr
Gemologist
(16 salaries)
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₹2.5 L/yr - ₹9 L/yr
Executive Accountant
(10 salaries)
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₹2 L/yr - ₹5 L/yr
Branch Head
(4 salaries)
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₹12.2 L/yr - ₹14.2 L/yr
Front Office Executive
(4 salaries)
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₹2 L/yr - ₹2.1 L/yr
Diamond Grader
(4 salaries)
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₹2.4 L/yr - ₹6.5 L/yr
Senior Back Office Executive
(4 salaries)
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₹5.4 L/yr - ₹6.2 L/yr
Photographer
(4 salaries)
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₹1.5 L/yr - ₹2.4 L/yr
Executive Assistant
(3 salaries)
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₹3 L/yr - ₹3 L/yr
Back Office Staff
(3 salaries)
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₹2 L/yr - ₹3 L/yr
International Gemological Institute Jobs
Popular Designations International Gemological Institute Hires for
Client Servicing Executive
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Gemologist
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Executive Accountant
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Chartered Accountant
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HR Intern
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Operations Administrator
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Business Development Executive
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Popular Skills International Gemological Institute Hires for
International Gemological Institute News
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IGI India Gets 'Overweight' From MS On Strong Potential In Lab-Grown Diamond Market
- Morgan Stanley has initiated coverage on International Gemmological Institute India Ltd., offering an 'overweight' rating.
- IGI holds a significant market share in the diamond certification market and dominates in lab-grown diamond sector and studded jewellery certification.
- With the emergence of lab-grown diamonds as an alternative to mined diamonds, IGI is well-positioned to benefit from this trend.
- Morgan Stanley forecasts robust revenue and profit growth for IGI, driven by expanding margins and increasing certification demand.
Bloomberg Quint | 27 Jan, 2025
Trading Ideas: Exit Engineers India, Hyundai Motor, Hold International Gemmological, RIL
- Market experts suggest to exit Engineers India Ltd., Hyundai Motor India Ltd. due to stress in the overall sectors.
- They suggest a hold on Reliance Industries Ltd. and International Gemmological Institute (India) Ltd.
- Saurabh Jain advises to exit Engineers India Ltd. as the company is facing pressure on both revenue and profitability front.
- Saurabh Jain recommends holding International Gemmological Institute (India) Ltd. as the company has potential for growth in the lab-grown diamond space.
Bloomberg Quint | 30 Dec, 2024
International Gemmological Institute lists at 22% premium
- On the first day of listing, International Gemmological Institute (IGI) ended with a market capitalisation of ₹20,244.5 crore.
- Blackstone, the owner of IGI India, plans to use the offer-for-sale component worth ₹2,750 crore to acquire IGI Belgium and Netherlands and bring them under the fold of IGI India.
- IGI primarily generates revenue from certifying lab-grown diamonds, but it also certifies natural diamonds and gems and jewellery.
- The demand for lab-grown diamonds is growing globally, with the US being the largest consumer, accounting for 53% market share.
HinduBusinessLine | 20 Dec, 2024
MobiKwik Listing, Fed Rate Cuts, Ashwin Retirement — The Week That Was
- The week was outstanding for the primary market, with companies that opened for subscription experiencing strong demand, while those that debuted on the exchanges saw significant listing gains.
- Companies like Vishal Mega Mart Ltd., One MobiKwik Systems Ltd. and International Gemmological Institute (India) Ltd. debuted on the bourses with a significant premium.
- The US Federal Reserve cut its benchmark interest rate for the third time in a row, while the 'One Nation, One Election' bill was tabled in the Lok Sabha.
- The Indian rupee fell below 85 against the US dollar, reaching a record low, and Accenture raised its fiscal 2025 revenue growth outlook.
Bloomberg Quint | 20 Dec, 2024
International Gemmological Institute Share Price Ends At 12% Premium
- Shares of International Gemmological Institute Ltd. closed on the NSE at Rs 468.45 apiece, a premium of 12.3% over the issue price of Rs 417.
- The stock listed on the NSE at Rs 510 apiece, marking a premium of 22.30%.
- The company's IPO raised Rs 4,225 crore and the net proceeds will be utilized for acquiring IGI Belgium and IGI Netherlands.
- IGI provides certification and accreditation services for diamonds and offers educational programs in gemology.
Bloomberg Quint | 20 Dec, 2024
International Gemmological Institute (India) IPO Listing & Share Price Live: Shares listing today amid robust demand
- IGI is the world’s second-largest independent certification and accreditation services provider for diamonds, studded jewellery, and coloured stones certifications.
- The ₹4,225-crore IPO of IGI was subscribed 35.48 times, with robust demand from investors.
- The stock is expected to list with a premium of about 35-40%.
- The IPO allocation includes 75% for qualified institutional buyers, 15% for non-institutional investors, and 10% for retail investors.
HinduBusinessLine | 20 Dec, 2024
International Gemmological Institute Shares Debut At 22% Premium
- The share price of International Gemmological Institute Ltd. listed on the BSE on Friday at Rs 504.85 apiece, a premium of 21.07% over the issue price of Rs 417 apiece.
- The company's offering was subscribed 33.78 times on its third and final day.
- The net proceeds from the IPO will primarily be utilized to acquire 100% shareholding in the IGI Belgium Group and IGI Netherlands Group from the promoter.
- Headquartered in Mumbai, IGI provides certification and accreditation services for diamonds, jewelry, and gemstones.
Bloomberg Quint | 20 Dec, 2024
International Gemmological Institute IPO listing today
- The ₹4,225-crore IPO of International Gemmological Institute (India) Ltd was subscribed 35.48 times.
- The IPO consists of a fresh issue worth ₹1,475 crore and an Offer-for-Sale (OFS) for ₹2,750 crore by promoter BCP Asia II TopCo Pte Ltd.
- The stock is expected to list with a premium of about 35-40%.
- The proceeds from the IPO will be used to acquire IGI Belgium Group and IGI Netherlands Group and for general corporate purposes.
HinduBusinessLine | 20 Dec, 2024
How To Check International Gemmological Institute (IGI) IPO Allotment Status Online
- The share allotment in the International Gemmological Institute (IGI) IPO is set to be finalised on December 18.
- The IPO received strong demand from qualified institutional buyers, with overall subscription of 33.78 times.
- Investors can check their share allotment status on BSE, NSE, or the registrar KFin Technologies Ltd.'s websites.
- The grey market premium for IGI IPO was Rs 90, indicating a listing gain of 21.58%.
Bloomberg Quint | 18 Dec, 2024
International Gemmological Institute IPO Subscribed 1.05 Times So Far On Final Day
- International Gemmological Institute IPO subscribed 1.05 times on the final day.
- The IPO offers a potential listing gain of 29.98% based on the grey market premium.
- The IPO raised Rs 1,900 crore from anchor investors and is expected to list on December 20.
- International Gemmological Institute provides certification and accreditation services for gemstones.
Bloomberg Quint | 17 Dec, 2024
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International Gemological Institute FAQs
How many employees does International Gemological Institute have in India?
International Gemological Institute currently has approximately 100+ employees in India.
Does International Gemological Institute have good work-life balance?
International Gemological Institute has a work-life balance rating of 2.6 out of 5 based on 30+ employee reviews on AmbitionBox. 47% employees rated International Gemological Institute 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read International Gemological Institute reviews for more details
Is International Gemological Institute good for career growth?
Career growth at International Gemological Institute is rated as poor, with a promotions and appraisal rating of 2.7. 47% employees rated International Gemological Institute 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading International Gemological Institute reviews for more detailed insights.
What are the cons of working in International Gemological Institute?
Working at International Gemological Institute does have some drawbacks that potential employees should consider. The company is poorly rated for work satisfaction, skill development and job security, based on 30+ employee reviews on AmbitionBox.
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