BlueStone Jewellery IPO Receives 0.39 Subscription Applications by End of Day 1

Mumbai, August 12, 2025: BlueStone Jewellery’s initial public offering (IPO) saw a subscription of 0.39 times on day one, August 11, 2025. BlueStone Jewellery’s IPO went on bidding yesterday and closes on August 13. Allotment will be done by August 14 and listing will be done on August 19 on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

By Day 1 end, the Qualified Institutional Buyers (QIB) segment subscribed to 0.57 times of their subscribed shares. The Non-Institutional Investors (NII) segment subscribed to 0.04 times, and retail investors subscribed to 0.39 times. Of the NII segment, bids of more than ₹10 lakh were at 0.03 times, and bids of less than ₹10 lakh were at 0.06 times. The number of bids received was 30,493.

BlueStone Jewellery IPO to Raise ₹1,540.65 Crores through Offer for Sale and Fresh Issue

The issue is a book-building one with the total raising of ₹1,540.65 crores consisting of an offer for sale of 1.39 crore shares for ₹720.65 crores and a fresh issue of 1.59 crore shares for ₹820 crores by existing investors. Anchor investors have subscribed for the entire portion of 1.34 crore shares at ₹693.29 crores.

Listing Schedule and Subscription Timeline Set for Mid-August

The subscription period for the IPO started on August 11, 2025, and will close on August 13, 2025. The allotment will be on August 14, with the company’s shares listed on the BSE as well as NSE on August 19, 2025.

BlueStone Jewellery Company Overview: Online Jewellery Retailer Based in Mumbai 

BlueStone Jewellery is headquartered in Mumbai and deals in the business of online jewellery retailing of gold, diamonds, and gems through their online portal. The shares of the company will be listed on the ticker symbol BLUESTONE.

• Shares offered excluding anchor investors: 1.64 crore
• Shares bid on Day 1: 63.91 lakh with a total bid value of ₹330.42 crores in the higher price band
• Subscribed by QIB category 0.57 times
• Subscribed by NII category 0.04 times (divided between 0.03 times for bids of more than ₹10 lakh and 0.06 times for bids of less than ₹10 lakh)
• Subscribed by retail investors 0.39 times

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