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BlueStone Jewellery and Lifestyle IPO Opens for Subscription

BlueStone Jewellery and Lifestyle IPO Opens for Subscription

Author:
Global Cryptocurrency
Published:
2025-08-11 02:23:01
15
2
BTCCSquare news:

BlueStone Jewellery and Lifestyle Ltd's ₹1540.65-crore IPO commenced today, with shares priced between ₹492 and ₹517. The offering includes a fresh issue of ₹820 crore and an OFS of 13.9 million shares by stakeholders like Kalaari Capital and Hero Enterprise Partners.

Anchor investors have already committed ₹693.29 crore, with notable participation from Amansa Holdings, SBI Life Insurance, and Goldman Sachs. The allocation follows a 75-15-10 split among institutional, non-institutional, and retail investors respectively.

Proceeds will primarily fund working capital requirements, reflecting confidence in the company's growth trajectory amidst India's expanding luxury retail sector.

|Square

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