BlueStone Jewellery is coming with its IPO worth ₹1540.65 Cr, which is a combination of a fresh issue of ₹820 Cr and OFS of ₹720.65 Cr. BlueStone Jewellery IPO opens for subscription on 11 Aug 2025 and will close on 13 Aug 2025. The allotment of shares is expected to be finalized on 14 Aug 2025 and the shares are likely to be listed on BSE & NSE on 19 Aug 2025. The price band for IPO is set between ₹492 to ₹517 per share. As of 8th Aug Bluestone Jewellery IPO GMP today is 3.09%
About BlueStone Jewellery IPO
BlueStone Jewellery and Lifestyle is a well known brand that designs and sells diamond, gold, platinum and studded jewellery under the name BlueStone. As of 31 March 2025, the company has a strong presence across India with 275 stores in 117 cities, covering 26 states and union territories.
Out of the 275 stores, 200 are company-owned and 75 are franchisee-operated. BlueStone offers a wide variety of jewellery, including rings, earrings, necklaces, pendants, solitaires, bangles, bracelets, and chains, available at different price ranges to suit all kinds of customers. As of March 2025, the brand featured 91 themed jewellery collections.
BlueStone Jewellery IPO Highlights
- BlueStone Jewellery’s IPO is worth ₹1540.65 Cr and the price band is set between ₹492 to ₹517.
- The IPO is a combination of a fresh issue of 1.59 Cr shares aggregating to ₹820 Cr and OFS of 1.39 Cr shares aggregating to ₹720.65 Cr.
- BlueStone Jewellery’s IPO will open for subscription on 11 Aug 2025 and close on 13 Aug 2025. Share allotment is likely to take place on 14 Aug 2025 and the shares are expected to be listed on BSE and NSE on 19 Aug 2025.
- Promoters currently hold 18.28% of the company but after the IPO, their shareholding will come down to 16.07%
- The IPO proceeds will be used for funding working capital requirements (₹750 crore) and for general corporate purposes.
- Kfin Technologies will be the registrar for BlueStone Jewellery's IPO.
BlueStone Jewellery IPO GMP Live Rates Day by Day
As of 8th Aug 2025, BlueStone Jewellery GMP today stands at ₹16, which is ₹16 above the IPO’s upper price band of ₹517, reflecting a 3.09% gain. GMP values may fluctuate, and we will keep updating this page with the latest figures.
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- BlueStone Jewellery GMP Today (8 Aug 2025): 16 ( 3.09%)
- BlueStone Jewellery GMP Today (7 Aug 2025): 16 ( 3.09%)
- BlueStone Jewellery GMP Today (6 Aug 2025): Flat
How can you apply for BlueStone Jewellery IPO?
Retail investors can apply for a minimum of 1 lot, which includes 29 shares costing ₹14,993. Maximum investment allowed for retail investors is 13 lots which totals 377 shares and costs ₹1,94,909.
| Application | Lots | Shares | 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
|
BlueStone Jewellery IPO Financial
BlueStone Jewellery reported a PAT of (₹221.84) Cr on 31 March 2025 and in FY24 reported (₹142.24) Cr. Over the past 3 years, the company has reported negative profits and its borrowing has also increased. All financial details are provided in the table below.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
|
Assets (₹ Crores) |
3,532.28
|
2,453.49 |
1,255.49
|
|
Total Income (₹ Crores) |
1,830.04
|
1,303.49
|
787.89
|
|
PAT (₹ crores)
|
-221.84
|
-142.24 |
-167.24
|
|
EBITA(₹ Crores) |
73.16
|
53.05
|
-56.03
|
|
Reserves and Surplus (₹ Crores) |
877.12 |
346.28
|
-81.06
|
|
Total Borrowing (₹ Crores) |
728.62 |
430.43 |
228.42 |
BlueStone Jewellery IPO Peer Comparison
BlueStone Jewellery has the lowest EPS compared to its peers, which is not a very good sign for investors. Below is a quick comparison of BlueStone Jewellery vs Titan.
| Company | EPS Diluted | P/E(x) |
|---|---|---|
|
Bluestone Jewellery and Lifestyle |
-79.74 |
-
|
|
Titan Company |
37.61
|
88.14 |
|
Kalyan Jewellers India |
6.93
|
84.10 |
|
Senco Gold
|
10.08
|
31.17 |
|
Thangamayil Jewellery
|
42.00 |
45.47 |
|
PC Jeweller
|
0.66
|
22.70 |
BlueStone Jewellery IPO Quota Allocation
- QIB Investors: 75% of the net issue
- Retail Investors: 10% of the net issue
- NII (HNI) Investors: 15% of the net issue
BlueStone Jewellery IPO Dates
- Subscription Period: 11 Aug to 13 Aug 2025
- Basis of Allotment Finalization: 14 Aug 2025
- Initiation of Refunds: 18 Aug 2025
- Demat Credits: 18 Aug 2025
- Listing Date: 19 Aug 2025
- Listing on: BSE, NSE
BlueStone Jewellery IPO Strengths and Weaknesses
Knowing about the strengths and weaknesses of JSW IPO helps you make an informed decision.
- Strong Digital Presence: A leading online-first jewellery brand with a seamless shopping experience across online and offline channels.
- Own Tech Platform: Uses in-house technology to manage all business operations smoothly.
- Unique Designs: Offers a wide range of trendy and theme-based jewellery collections.
- Wide Reach: Present across major cities and smaller towns with good store-level profitability.
- Strong Leadership: Led by the founder and supported by an experienced management team and reputed investors.
- Consistent Losses: The company has reported negative profits over the past 3 years.
- Competitive Market: Faces tough competition from established brands like Titan, Kalyan, and others.
- High Operational Costs: Running both online and physical stores increases overall costs.
- Limited Profit Track Record: Lack of consistent profitability may concern some investors.
BlueStone Jewellery IPO FAQs (Frequently Asked Questions)
What is the total issue size of BlueStone Jewellery’s IPO?
The total size of BlueStone Jewellery’s IPO is ₹1540.65 Cr
When will BlueStone Jewellery IPO open and close?
BlueStone Jewellery’s IPO will open for subscription on 11 Aug 2025 and close on 13 Aug 2025.
What is the lot size for BlueStone Jewellery IPO?
Retail Investors can bid for a minimum of 1 lot, which includes 29 shares. And one lot will cost you around ₹14,993.
What is the share allotment date for BlueStone Jewellery IPO?
The allotment of shares is expected to be completed by 14 Aug 2025.
Who is the registrar of BlueStone Jewellery IPO?
Kfin Technologies is the registrar for BlueStone Jewellery’s IPO.
Where will BlueStone Jewellery shares be listed?
The shares are planned to be listed on BSE and NSE.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
