Archive · 6 Aug 2025
BlueStone Jewellery IPO Opens August 11; Sets Price Band
BlueStone, an online jewelry retailer, is launching an IPO, which means they are selling shares to the public to raise money.
The company has set a price range for each share, and the IPO will be open for investment from August 11 to August 13.
The company is selling new shares to raise money and some existing shareholders are also selling their shares.
This money will be used to run the company's day-to-day operations and for other general needs.
BlueStone has a large number of stores across India.
BlueStone Jewellery fixed an IPO price band of Rs 492 to Rs 517 per share.
The IPO will open for public subscription from August 11 to August 13.
The IPO involves a fresh issue of Rs 820 crore and an offer for sale of 1,39,39,063 equity shares.
Proceeds will fund working capital and general corporate purposes.
The company has 275 stores across 117 cities in 26 states and Union Territories.
- Who
- BlueStone Jewellery and Lifestyle, Kalaari Capital Partners II, LLC, Saama Capital II, Ltd., Sunil Kant Munjal, and others.
- What
- BlueStone Jewellery is launching an IPO.
- When
- The IPO opens August 11 and closes August 13.
- Where
- India
- Why
- To raise capital for working capital requirements and general corporate purposes.
- IPO Open Date
- August 11
- IPO Close Date
- August 13
- Price Band
- Rs 492-517 per share
- Fresh Issue
- Rs 820 crore
- Offer-for-sale
- 1,39,39,063 equity shares
- Stores
- 275
