Archive · 12 Aug 2025
BlueStone IPO Reaches 44% Subscription on Day Two
BlueStone, a jewelry company, is selling shares to raise money.
On the second day, almost half of the shares were bought.
Big investors, called QIBs, bought a good portion, and regular people also bought a lot.
But some investors didn't show much interest.
The company wants to raise a lot of money to buy more things and grow.
BlueStone IPO subscription reached 44% on the second day.
Qualified Institutional Buyers (QIBs) subscribed 57% of their portion.
Retail investors subscribed 64% of their allocated shares.
Non-institutional investors showed weak interest with only 6% subscription.
BlueStone aims to raise INR 1,540.65 crore via IPO.
- Who
- BlueStone Jewellery and Lifestyle.
- What
- BlueStone's IPO reached a 44% subscription rate on its second day.
- When
- On the second day of bidding, as of 1:27 PM.
- Where
- N/A
- Why
- To fund working capital and general corporate purposes.
Investor Demand
Market Performance
Subscription Levels
Investor Demand
Non-institutional investors showed weak interest in the IPO.
Market Performance
QIBs and retail investors showed moderate to strong interest.
- IPO Price Range
- Rs 492-517
- Subscription Rate (Day 2)
- 44%
- QIB Subscription
- 57%
- Retail Subscription
- 64%
- NII Subscription
- 6%
- Total IPO Size
- Rs 1,540.65 crore
