Archive · 13 Aug 2025
BlueStone Jewellery IPO Opens for Subscription Today
BlueStone, a jewelry company, is selling shares to the public in an IPO to raise money.
Shares are priced between ₹492 and ₹517.
Some shares are newly issued, others are from existing shareholders.
The money will help the company buy materials and run its business.
Big investors already bought shares before the offering.
The company has manufacturing locations in Mumbai, Jaipur, and Surat.
BlueStone Jewellery IPO opens for subscription today with a price band of ₹492-₹517 per share.
The IPO includes a fresh issue of shares and an offer for sale by existing shareholders.
Funds raised will be used for working capital and general corporate purposes.
Anchor investors contributed ₹693.29 crore ahead of the IPO.
Axis Capital, IIFL Capital Services, and Kotak Mahindra Capital Company are managing the IPO.
- Who
- BlueStone Jewellery and Lifestyle Ltd and investors.
- What
- BlueStone Jewellery's Initial Public Offering (IPO).
- When
- The IPO opens for subscription today.
- Where
- India.
- Why
- To raise capital for working capital and general corporate purposes.
- IPO Size
- ₹1540.65 crore
- Price Band
- ₹492–₹517 a share
- Minimum Bid
- 29 equity shares
- Use of Proceeds
- ₹750 crore for working capital
- Anchor Investment
- ₹693.29 crore
- Listing
- BSE and NSE