Allotment

The BlueStone Jewellery and Lifestyle Limited IPO was a book-built issue aggregating to ₹1,540.65 crore, comprising a fresh issue of 1.59 crore equity shares amounting to ₹820.00 crore and an offer for sale of 1.39 crore equity shares aggregating to ₹720.65 crore. The IPO opened for subscription on August 11, 2025, and closed on August 13, 2025. The basis of allotment was finalized on August 14, 2025, and the Company’s equity shares were listed on the BSE and NSE on August 19, 2025.
The IPO was offered in a price band with an upper limit of ₹517 per equity share, with a lot size of 29 shares. The minimum investment for retail investors was ₹14,993 (29 shares at the upper price band). For small non-institutional investors (sNII), the minimum application size was 14 lots (406 shares) amounting to ₹2,09,902, while for big non-institutional investors (bNII), it was 67 lots (1,943 shares) amounting to ₹10,04,531.
Axis Capital Limited acted as the Book Running Lead Manager to the issue, and KFin Technologies Limited served as the Registrar to the Issue.
₹5170%
Open
HIgh - Low
Previous Close
Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| IPO Date | 19 Aug |
| IPO Listing Date | 19 Aug |
| IPO Face Value | ₹1 per share |
| IPO Price Range | ₹517.00 |
| IPO Issue Size | 2,97,99,798 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE,NSE Platform |
| hare Holding Pre Issue | 13,54,59,637 |
| IPO Open Date | 11 Aug |
| IPO Close Date | 13 Aug |
| IPO Allotment (Tentative) | 14 Aug |
| Refunds | 18 Aug |
| Credit to Demat Account | 18 Aug |
| IPO Listing Date | 19 Aug |
| Category | Offer |
|---|---|
| QIB Shares Offered | 2,23,49,850 Shares |
| NII (HNI) Shares Offered | 44,69,969 Shares |
| Retail Shares Offered | 29,79,979 Shares |
Investors can bid for a minimum of 29 shares, with additional bids in multiples of 29 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 29 | ₹14,993 |
| Retail (Max) | 13 | 377 | ₹1,94,909 |
| S-HNI (Min) | 14 | 406 | ₹2,09,902 |
| S-HNI (Max) | 66 | 1,914 | ₹9,89,538 |
| B-HNI (Min) | 67 | 1,943 | ₹10,04,531 |
BlueStone Jewellery and Lifestyle Limited manufactures and retails diamond, gold, platinum and studded jewellery under its flagship brand, BlueStone. As of March 31, 2025, the Company had a pan-India presence with 275 stores across 117 cities in 26 States and Union Territories, servicing more than 12,600 PIN codes nationwide.
The Company’s retail network comprised 200 company-owned stores and 75 franchisee stores, collectively spanning over 605,000 square feet of retail space. BlueStone offers an extensive product portfolio including rings, earrings, necklaces, pendants, solitaires, bangles, bracelets and chains, catering to diverse customer segments across multiple price points. As of March 31, 2025, the Company had launched 91 themed jewellery collections, each designed around a distinct concept.
Competitive Strengths
A leading digital-first jewellery brand in India offering a seamless omni-channel retail experience.
Proprietary in-house technology architecture enabling end-to-end business operations.
Differentiated product design and innovation-led approach.
Advanced manufacturing capabilities supported by vertically integrated operations.
Strong pan-India footprint across Tier I, Tier II and Tier III cities with healthy unit economics.
Founder-led organization supported by an experienced professional management team and backed by marquee investors.
| Assets | 3,532.28 | 2,453.49 | 1,255.49 |
| Total Income | 1,830.04 | 1,303.49 | 787.89 |
| Profit After Tax | -221.84 | -142.24 | -167.24 |
| EBITDA | 73.16 | 53.05 | -56.03 |
| NET Worth | - | - | - |
| Reserves and Surplus | 877.12 | 346.28 | -81.06 |
| Total Borrowing | 728.62 | 430.43 | 228.42 |
| ROE | -34.53% |
| ROCE | -3.67% |
| Debt/Equity | 0.8 |
| RoNW | -24.45% |
| PAT Margin | -12.53% |
| EBITDA Margin | 4.13% |
| Price to Book Value | 2.01 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 750 |
| 3 | To meet out the General Corporate Purposes; | 20.75 |
| 4 | Offer for Sale (OFS) | - |
BlueStone Jewellery & Lifestyle Ltd. Address
Site No. 89/2, Lava Kusha Arcade,
Munnekolal Village, Outer Ring Road,
Marathahalli
Bangalore Urban, Karnataka, 560037
+91 22 4515 2729
investor.relations@bluestone.com
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
bluestone.ipo@kfintech.com