BlueStone Jewellery and Lifestyle Ltd is set to finalise the allotment of its ₹1,540.65 crore initial public offering today, following a 2.70-times subscription. The shares will list on the BSE and NSE on August 19, with allotment status now the primary focus for investors.
Based in Bengaluru, BlueStone Jewellery and Lifestyle Ltd is a premium jewellery retailer operating in the luxury lifestyle segment. The company utilises an omnichannel model, combining online retail through its digital platform with a steadily expanding network of brick-and-mortar showrooms. Its offerings span gold, diamond, platinum, and gemstone jewellery, with a strong emphasis on certified quality and customisable designs.
BlueStone’s strategic focus on contemporary designs, authenticity, and technology integration has helped it attract affluent and aspirational buyers, positioning it as a key player in India’s branded jewellery market.
IPO Details and Subscription
The initial public offering, open from August 11 to 13, 2025, received strong institutional interest. Subscription details are as follows:
- Qualified Institutional Buyers (QIBs): 4.28 times
- Retail Individual Investors (RIIs): 1.35 times
- Non-Institutional Investors (NIIs): 0.55 times
- Overall Subscription: 2.70 times
Also Read: From Startup to ₹7,850 Cr IPO: Bluestone’s Remarkable Journey
The IPO consisted of:
- Fresh Issue: 1.59 crore shares worth ₹820 crore
- Offer for Sale (OFS): 1.39 crore shares worth ₹720.65 crore
Priced between ₹492 and ₹517 per share, the proceeds from the fresh issue will be used for store expansion, inventory purchase, working capital needs, and general corporate purposes. Axis Capital served as the lead manager, while Kfin Technologies was the registrar.
Allotment Date, Credit of Shares, and Listing
The allotment finalisation is expected today, August 14. Equity shares will be credited to successful applicants’ demat accounts by August 18, with refunds to unsuccessful bidders processed on the same day. The shares will debut on BSE and NSE on August 19.
In the grey market, BlueStone shares are trading at a premium of ₹2 per share, implying a listing price of ₹519—just 0.39% above the upper end of the price band.
How to Check BlueStone Jewellery IPO Allotment Status
1. Through the BSE Website
- Visit the BSE allotment page
- Select ‘Equity’ under Issue Type
- Choose ‘BlueStone Jewellery and Lifestyle Limited’ from the Issue Name dropdown
- Enter your Application Number or PAN
- Tick the box confirming I am not a robot and click Search
- Your allotment status will be displayed instantly
Also Read: BlueStone Jewellery IPO: GMP, Price Band, and Key Dates
2. Through the NSE Website
- Go to the NSE allotment status page
- Select ‘Equity and SME IPO bids’
- Choose ‘BlueStone Jewellery and Lifestyle Limited’ in Issue Name
- Enter your Application Number and PAN
- Click Submit to view your status
3. Through Kfin Technologies (Registrar) Website
- Visit the KfinTech IPO Status Portal
- Select ‘BlueStone Jewellery and Lifestyle Limited’ from the IPO Name dropdown
- Choose to search by Application Number, DPID/Client ID, or PAN
- Enter the required details, fill in the Captcha, and click Submit
- Your allotment details will be shown on the screen
Market Outlook
India’s jewellery sector, valued at over ₹7 trillion, is expected to witness sustained growth driven by rising incomes, urbanisation, and the shift towards branded products. With strong institutional participation in its IPO, BlueStone’s market debut will be closely watched for its ability to scale operations while maintaining margins.
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