Bluestone Jewellery IPO Day 1: Check Subscription Status, GMP & Key Highlights
Bluestone Jewellery & Lifestyle Ltd is a direct-to-customer (DTC) jewellery brand that offers contemporary diamond, gold, platinum and studded jewellery. The company is launching its Initial Public Offering (IPO) today on August 11, 2025. The bidding window for Bluestone Jewellery IPO will be open till August 12, 2025 for public subscription.
The allotment process is expected to be finalised on thursday, August 13, 2025. The shares of Bluestone Jewellery will be listed on both NSE and BSE with the tentative listing date fixed as Tuesday, August 19, 2025.
IPO Details
Bluestone Jewellery IPO is a bookbuilding of ₹1,540.65 crores. The issue is a combination of fresh issue of 1.59 crore shares aggregating to ₹820.00 crores and offer for sale (OFS) of 1.39 crore shares aggregating to ₹720.65 crores.
The IPO price band is set between ₹492 to ₹517 and the minimum lot size for an application is 29. The minimum investment amount required for retail investor is ₹14,268 (29 shares).
Axis Capital Limited is the book-running lead manager of the BlueStone Jewellery IPO, while Kfin Technologies Limited is the registrar for the issue.
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Bluestone Jewellery IPO Day 1 Subscription Status
(August 11, 2025, 5 P.M.)
On Day 1, Bluestone Jewellery IPO saw a subscription of 0.39 times. The public issue was subscribed 0.39 times in the retail category, 0.57 times in QIB, and 0.04 times in the NII category.
Utilisation of Proceeds
The Company will utilise the net proceeds from the issue for the following purposes:
- Funding the working capital requirements.
- General Corporate Purposes.
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Bluestone Jewellery GMP Details
According to Economic Times, the Grey Market Premium (GMP) of Bluestone Jewellery & Lifestyle Ltd is ₹9 as of August 11, 2025, 09:53 a.m. This indicates that the estimated listing price can be ₹526 as per the upper price band, which is ₹517. The estimated gain per share is 1.74%.
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Source: Economic Times Media Report dated August 11, 2025 Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market. |
Bluestone Jewellery & Lifestyle Ltd - Business Overview
Bluestone Jewellery & Lifestyle Ltd is a modern jewellery brand founded in 2011, known for its stylish and wearable designs in gold, diamond, platinum, and gemstone jewellery. Ranked as the second-largest digital-first omni-channel jewellery brand in India by FY2024, it offers customers both seamless digital experiences and in-store options.
The company has a wide retail presence, operating 275 stores across 117 cities as of March 2025. Financially, Bluestone Jewellery has seen a rapid growth as the revenue doubled from ₹1,303 crore in FY24 to ₹1,830 crore in FY25.
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