
✓
Open
11 Aug 2025
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Close
13 Aug 2025
3
Allotment
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Listing
Tue, Aug 19, 2025
Price Band
₹492 to ₹517
Issue Size
2,97,99,798 shares (agg. up to ₹1,541 Cr)
Lot Size
29 Shares
Listing Date
Tue, Aug 19, 2025
Latest GMP
₹2
Est. Gain
0.39%
✦ AI Insight
GMP Trend
19-08-2025₹2Est. ₹519+0.39%
18-08-2025₹2Est. ₹519+0.39%
17-08-2025₹0Est. ₹517+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.94x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| 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 |
| Reserves and Surplus | 877.12 | 346.28 | -81.06 |
| Total Borrowing | 728.62 | 430.43 | 228.42 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shanti Gold International Ltd. | Mainboard | ₹360.11 Cr | ₹199 | 19.24 | ₹229.38 | +15.27% | ₹213.16 (+0.05%) |
| P N Gadgil Jewellers Ltd. | Mainboard | ₹1,100.00 Cr | ₹480 | 36.7 | ₹793.30 | +65.27% | ₹595.05 (-0.25%) |
| Pushpa Jewellers Ltd. | SME | ₹98.65 Cr | ₹147 | 12.44 | ₹117.60 | -20.00% | ₹118.05 (-0.13%) |
| AJC Jewel Manufacturers Ltd. | SME | ₹15.39 Cr | ₹95 | 12.73 | ₹95.39 | +0.41% | ₹105.33 (+4.99%) |
| Manoj Jewellers Ltd. | SME | ₹16.20 Cr | ₹54 | 9.97 | ₹53.77 | -0.43% | ₹31.80 (-3.64%) |
| Kenrik Industries Ltd. | SME | ₹8.75 Cr | ₹25 | 20.74 | ₹26.26 | +5.04% | ₹7.87 (+4.93%) |
| Retaggio Industries Ltd. | SME | ₹15.50 Cr | ₹25 | 7.01 | ₹25.20 | +0.80% | ₹50.87 (+4.99%) |
| Divine Hira Jewellers Ltd. | SME | ₹31.84 Cr | ₹90 | null | ₹85.50 | -5.00% | ₹112.40 (-0.44%) |
| Kabra Jewels Ltd. | SME | ₹40.00 Cr | ₹128 | 10.03 | ₹255.35 | +99.49% | ₹105.00 (+0.96%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements | 750.00 |
| 2 | General Corporate Purposes | 20.75 |
| 3 | Issue Expenses | 92.55 |
| Total | 863.30 |
About BlueStone Jewellery IPO
BlueStone Jewellery and Lifestyle Limited manufactures and provides diamond, gold, platinum and studded jewellery under our flagship brand, BlueStone. The company has a pan-India presence with 275 stores across 117 cities in 26 States and Union Territories in India, as of March 31, 2025, servicing over 12,600 PIN codes across India. As of March 31, 2025, the company's network of stores comprised 200 company-owned stores (“Company Stores”) and 75 franchisee stores (“Franchisee Stores”) with an aggregate area of over 605,000 square feet. The company offers a wide range of product offerings including rings, earrings, necklaces, pendants, solitaires, bangles, bracelets and chains that cater to diverse customer segments and are retailed at varied price points. As of March 31, 2025, BlueStone had 91 collections (defined as a set of jewellery designs created with a specific theme) of jewellery products. Competitive Strength: Leading digital-first jewellery brand in India offering an omni-channel retail experience. In-house Technology Architecture Driving End-to-End Business Operations. Differentiated Approach to Product and Design. Advanced Manufacturing Capabilities with Vertically Integ
Contact Details
BlueStone Jewellery & Lifestyle Ltd. AddressSite No.89/2, Lava Kusha ArcadeMunnekolal Village, Outer Ring RoadMarathahalliBengaluru, Karnataka, 560037+91 22 4515 2729investor.relations@bluestone.comVisit Website