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Allotment

BlueStone Jewellery and Lifestyle Limited

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.

BlueStone Jewellery and Lifestyle Limited IPO & Charts
₹517

0%

Open

₹517

HIgh - Low

₹517

Previous Close

₹517

Total Traded Value

0

52 Weeks High

₹517

52 Weeks Low

₹517

Updates On

Aug 5, 2025

IPO. Open

Aug 11, 2026

IPO. Close

Aug 13, 2026

IPO. Price

₹517.00

IPO Market price

₹7,823.26 Cr

IPO Details

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 Timeline

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

IPO Reservation

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

IPO Lot Size

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
About Company

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.

BlueStone Jewellery & Lifestyle Ltd.’s revenue grew by 40%, while its profit after tax (PAT) fell by 56% between the financial years ending March 31, 2024, and March 31, 2025.

Company Financials (Consolidated)

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

Key Performance Indicator (KPI)

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 Objective

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) -

Contact Details

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

Detail Registrar

IPO Registrar

Kfin Technologies Ltd.
04067162222, 04079611000
bluestone.ipo@kfintech.com

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