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BTCC / BTCC Square / Global Cryptocurrency /
BlueStone Jewellery Raises ₹693 Crore from Anchor Investors Ahead of IPO

BlueStone Jewellery Raises ₹693 Crore from Anchor Investors Ahead of IPO

Author:
Global Cryptocurrency
Published:
2025-08-09 07:16:02
6
2
BTCCSquare news:

BlueStone Jewellery and Lifestyle, known for its contemporary jewellery under the 'BlueStone' brand, has secured over ₹693 crore from anchor investors. The IPO, priced between ₹492 and ₹517 per share, opens for subscription on August 11.

Institutional heavyweights like Amansa Holdings, SBI Life Insurance, and Goldman Sachs participated in the anchor book. The company allocated 1.34 crore shares at ₹517 each, totaling ₹693.29 crore. The IPO includes a fresh issue of ₹820 crore and an OFS of 1.39 crore shares worth ₹720.65 crore.

Proceeds will fuel working capital and corporate needs. Bengaluru-based BlueStone's MOVE signals strong investor confidence in the jewellery sector.

|Square

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