BlueStone Jewellery is into Consumer Jewellery and Lifestyle sector and is looking raise funds through Fresh Issue and Offer For Sale
IPO Summary
BlueStone Jewellery IPO is a public offering of shares by Gaurav Singh Kushwaha. The IPO will open on August 08 and will close on August 13. The price band is ₹492 to ₹517 per share and the lot size is 29 shares. The issue size is ₹1,540.65 crore. The shares are expected to be listed on NSE, BSE on August 19 (^). Some additional information that you may find useful are: Revenue from operations for the company has increased from ₹ 1,939.86 million in Fiscal 2023 to ₹ 2,050.41 million in Fiscal 2024. The company's EBITDA was ₹ (189.69) million in Fiscal 2022, ₹ (85.74) million in Fiscal 2023 and ₹ 37.06 million in Fiscal 2024, showing a positive trend. The company's PAT has improved from ₹ (1,684.09) million in Fiscal 2022 to ₹ (1,155.67) million in Fiscal 2023 and to ₹ (724.81) million in Fiscal 2024, but remains negative.: (**) - based on higher price band (^) indicative datePromoters of the company are Gaurav Singh Kushwaha Currently promoters hold 18.28% stake in the company. While post-equity promoters stake will be 16.36%
- Company aims to raise between Rs 1,506 to 1,541 crs through this IPO.
- The net proceeds of the issue will be utilized to 1) Funding working capital requirements amounting to Rs750 crores and 2) General corporate purposes
- Anchor bidding is expected to commence one day prior to the IPO dates. Tentative anchor bidding date would be 07-Aug-25.
- Price band for the IPO has been fixed at Rs 492 to 517 per share and bid lot are in multiple of 29 shares. The implied market cap post-issue at Rs 7,485 to 7,823 crs.
- As per the tentative schedule, allotment date of this IPO is most likely on August 14 and share are expected to be listed on NSE, BSE on August 19.
- The company competes with local jewellers, large jewellery chains (e.g., Titan Company, Kalyan Jewellers), and other online retailers.
- Axis Capital, IIFL Capital Services, Kotak Mahindra Capital has been appointed as Merchant Banker to the issue. KFin Technologies Limited has been appointed as official registrar of the issue.
- Company has not undertaken Pre-IPO placement.
Key Pointers of BlueStone Jewellery IPO:
| BlueStone Jewellery and Lifestyle Limited IPO Snapshot | UdhyamPitch on X | |||
|---|---|---|---|
| Established | City | Sector | Sub-Sector |
| 2011 | Mumbai | Consumer | Jewellery and Lifestyle |
| Issue | Issue Type | Tentative Listing Date | Listing at |
| IPO (Fresh+OFS) | Book Building | 19-Aug-25 | NSE, BSE |
| IPO Dates | Price Band (Rs/sh) | Face Value (Rs/sh) | Min Lot Qty |
| 08-Aug-25 to 13-Aug-25 | ₹ 492 to 517 per sh | ₹ 1 per sh | 29 sh and in multiples |
| Retail App (min) | Retail App (max) | Non-Retail (Rs2-10L App) | Non-Retail (>Rs10L min App) |
| 29 shares ₹ 14,993 | 377 shares up to ₹ 194,909 | 406 to 1,914 shares ₹ 209,902 to 989,538 | 1,943 shares and above ₹ 1,004,531 and above |
There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
About BlueStone Jewellery and Lifestyle Limited
Established in 2011, BlueStone Jewellery and Lifestyle is into selling diamond, gold, platinum and studded jewellery under the brand name "BlueStone". It has omni-channel jewellery brand business model which retails products through website www.bluestone.com and mobile application available on iOS and Google Play Store, in addition to network of 275 stores spread across 117 cities. Its stores are company owned as well as franchise stores across India.
Revenue from operations for the company has increased from ₹ 1,939.86 million in Fiscal 2023 to ₹ 2,050.41 million in Fiscal 2024. The company's EBITDA was ₹ (189.69) million in Fiscal 2022, ₹ (85.74) million in Fiscal 2023 and ₹ 37.06 million in Fiscal 2024, showing a positive trend. The company's PAT has improved from ₹ (1,684.09) million in Fiscal 2022 to ₹ (1,155.67) million in Fiscal 2023 and to ₹ (724.81) million in Fiscal 2024, but remains negative.
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About Industry
The Indian jewellery market has grown a CAGR of 13% - 15% between 2021 to 2024 and currently stands at approximately ₹ 6,340 billion and is projected to reach ₹ 11,000 billion - ₹ 12,000 billion by 2029, growing at a CAGR of 12% - 14% between 2024 and 2029. Organised retail drove approximately 37% of the Indian jewellery market in 2024. The organised segment’s contribution is projected to grow to 43% - 47% of the overall jewellery market, growing at a CAGR of 16% - 18% till 2029
| BlueStone Jewellery and Lifestyle Limited IPO Dates | UdhyamPitch on X | |
|---|---|
| Anchor Open | 07-Aug-25 |
| IPO Open | 08-Aug-25 |
| IPO Close | 13-Aug-25 |
| Allotment | 14-Aug-25 |
| Credit of Shares | 18-Aug-25 |
| Refund | 18-Aug-25 |
| Listing | 19-Aug-25 |
| Anchor Investor Lockin (50% of Anchor book investment) | |
| Anchor Investor Lockin (Balance 50% of Anchor book investment) | |
Kindly note UPI Mandate deadline is 5:00 pm IST on closing date. To avoid last minute issue, request you to approve UPI mandate before 4:00 pm IST on last day. In case, UPI mandate has not been approved during the prescribed time period, applications are liable to get rejected.
There are highly chances of variation in dates. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
| BlueStone Jewellery and Lifestyle Limited IPO - Management Details: | |
|---|---|
| Gaurav Singh Kushwaha | |
| Rumit Dugar, CFO | |
| Paras Shah, Company Secretary and Compliance Officer | |
Visit DRHP / RHP for more details on Board of Directors and Management details.
| BlueStone Jewellery and Lifestyle Limited IPO - Details of Offer/Issue Breakup | UdhyamPitch on X | |||||
|---|---|---|---|---|---|
| Category | Quota (%) | No of Shares-Lower | No of Shares-Upper | Value (Rs Cr)-Lower | Value (Rs Cr)-Upper |
| QIB (Incl Anchor) | 75 | NA | 22,349,849 | NA | 1,155.49 |
| Non-Retail (NII) | 15 | NA | 4,469,970 | NA | 231.1 |
| Non-Retail (NII): >Rs10L | NA | 2,979,980 | NA | 154.06 | |
| Non-Retail (NII): Rs2L-Rs10L | NA | 1,489,990 | NA | 77.03 | |
| Retail | 10 | NA | 2,979,980 | NA | 154.06 |
| Employee | NA | . | . | ||
| Shareholder | NA | . | . | ||
| NA=Not Available or Not Calculated | Upper= Upper Price Band | Lower=Lower Price Band | |||||
There are highly chances of variation in data. Users are requested to visit BSE, NSE, SEBI to gather information or read DRHP / RHP for more information.
Check IPO Allotment status of BlueStone JewelleryIPO:
| BlueStone Jewellery and Lifestyle Limited - Anchor Lockin Dates and Details | |
|---|---|
| Anchor Investor Lockin (50% of Investment for 30 days) release of | |
| Anchor Investor Lockin (Balance Investment for 90 days) release of | |
Above information is automatically calculated based on estimations. Chances of errors/changes could be possible due to holidays and/or other conditions. Users are requested to Visit BSE, NSE, SEBI for more information or contact the Company/Merchant Banker/RTA for more information.
| BlueStone Jewellery and Lifestyle Limited - Documents | |
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Disclaimer:
Above article only publishes details on the companies and about forthcoming / upcoming IPO' and are solely intended for educational purpose. We don't solicit or invite any interest of user to invest in any of the investment products. Please review DRHP/RHP/Prospectus for more details about the company, fundamentals and other details. Please visit respective sources to verify and know more details about the IPO. SME IPOs can be more volatile due to smaller market capitalization and liquidity. Prices may fluctuate significantly in response to market conditions. We advise users and/or investors to take opinion from certified and SEBI registered experts before taking any investment decisions.
| Source: SEBI, BSE, NSE |
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