BlueStone Jewellery IPO opens on Aug 11; price fixed at Rs 492-517 per share
BlueStone Jewellery and Lifestyle has fixed a price band of Rs 492 to Rs 517 per share for its initial public offering (IPO). The issue opens for public subscription on August 11, 2025. The allotment is expected to take place on 14th August.
New Delhi: BlueStone Jewellery and Lifestyle IPO is all set open for public subscription from August 11 to August 13, 2025. The company, which offers contemporary jewellery under its flagship brand 'BlueStone', has fixed the price band at Rs 492 to Rs 517 per share for its initial public offering.
BlueStone Jewellery IPO, a bookbuilding of Rs 1,540.65 crore, involves a fresh issue of Rs 820 crore and offer for sale (OFS) of 1,39,39,063 equity shares worth Rs 720.65 crore, at the upper end of the price band.
The retail investors are required to bid for a minimum lot of 29 shares, for which one has to make a minimum investment of Rs 14,268. The investors applying in the NII portion are mandated to apply for 14 lots, amounting to Rs 2,09,902, and applicants bidding in the bNII part, will have to bid for 67 lots.
BlueStone Jewellery IPO allotment, listing dates
BlueStone Jewellery and Lifestyle allotment is expected to take place on August 14, 2025, while the initiation of refunds process is likely to begin on 18th August. The shares will be credited to the demat accounts of eligible shareholders on August 18. The shares will list on BSE and NSE with a tentative date 19th August.
Saama Capital II, Ltd, Kalaari Capital Partners II, LLC, Sunil Kant Munjal (and other partners of Hero Enterprise Partner Ventures) and others are selling the shares through OFS.
The company informed the Securities and Exchange Board of India (SEBI) that it will use the proceeds from the fresh issue to fund its working capital requirements and general corporate purposes.
BlueStone is a Bengaluru-based company and came into existence in 2011. Since then the jewellery brand has grown into a leading name among jewellery retailers in the country.
BlueStone Jewellery and Lifestyle has 275 stores which are spread across 117 cities in 26 states and Union Territories as of March 31, 2025. It has three manufacturing facilities in Mumbai, Jaipur, and Surat.
Book-running lead managers to BlueStone IPO: IIFL Capital Services, Kotak Mahindra Capital Company, and Axis Capital.
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