Bluestone Jewellery And Lifestyle Limited IPO

Bluestone Jewellery And Lifestyle Limited IPO

Bluestone is a leading omni-channel jewellery brand in India, offering contemporary diamond, gold, platinum, and studded jewellery. Launched in 2011, the brand sells through its website, mobile app, and a network of 275 stores across 117 cities in 26 States and Union Territories, including franchise outlets. Bluestone caters to modern women, men, and couples aged 25 to 45, who discover brands online and via social media. With a strong design focus and digital-first approach, Bluestone generates revenue from the sale of its high-quality, lifestyle-driven jewellery collections.

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Price Band

₹492 - ₹517

Dates

11 Aug - 13 Aug

GMP

₹0 (0.00%)

Subscriptions

-

Issue Size

₹1,540.65 Crs

Bluestone Jewellery IPO Key Dates
Opening Date

11 Aug 25

Closing Date

13 Aug 25

Basis Of Allotment

14 Aug 25

Initiations Of Refund

18 Aug 25

Credit Of Shares

18 Aug 25

Listing Date

19 Aug 25

Bluestone Jewellery IPO Objects

  1. Funding our working capital requirements
  2. General Corporate Purposes

Bluestone Jewellery IPO Details
Price Band

₹492 - ₹517

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹820.00 Cr (1.59 Cr Shares)

Offer For Sale

₹720.65 Cr (1.39 Cr Shares)

Total Issue

₹1,540.65 Cr (2.98 Cr Shares)

Face Value

₹1 per equity share

Bluestone Jewellery IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 29 14,993
Maximum 13 377 1,94,909
Small HNI
Minimum 14 406 2,09,902
Maximum 66 1,914 9,89,538
Big HNI
Minimum 67 1,943 10,04,531
Bluestone Jewellery IPO GMP

The estimated Grey Market Premium of Bluestone Jewellery IPO is ₹0 per share (0.00%)

Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIB Not less than 75% of Net Offer
Big HNIs (NII) Not more than 10% of Net Offer
Small HNIs (NII) Not more than 5% of Net Offer
Retail Not more than 0% of Net Offer
Bluestone Jewellery IPO Financials

(Rs. in crores)

Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 1,770.00 1,265.84 770.73
Profit after Tax -221.84 -142.24 -167.24
Total Equity 910.74 374.17 -71.83
Total Borrowing 728.62 430.43 228.42
Total Assets 3,532.28 2,453.49 1,255.49
NAV per share (in ₹) 257.35 206.13 -39.57
EPS - Basic (in ₹) -79.74 -78.36 -92.14

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI Value
EBITDA 4.13%
PAT -12.53%
ROCE -3.67%
Debt to Equity 0.67
PE Ratio NA
PB Ratio 2.01
Mkt Cap (in Crs.) 7,823.26

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Bluestone Jewellery IPO Peer Comparision

(Rs. in crores)

Particulars Bluestone Titan Kalyan Jewel Senco Gold Thangamayil Jewel PC Jewel
Revenue from Ops (in Crs.) 1,770.00 60,456.00 25,045.07 6,328.07 4,910.58 2,244.60
PAT (In Crs.) -221.84 3,337.00 714.17 159.31 118.71 577.70
EPS - Basic -24.45 28.71 14.87 8.09 10.77 9.33
NAV per share 257.35 130.93 46.57 120.37 354.66 9.46
RONW -24.45% 28.71% 14.87% 8.09% 10.77% 9.33%
EBITDA 4.13% 9.42% 6.06% 5.81% 4.46% 17.62%
PAT Margin -12.53% 5.52% 2.85% 2.52% 2.42% 25.74%
Price to earning (PE) NA 88.14 84.10 31.17 45.47 22.76

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 1, 2025 for Peers

Bluestone Jewellery IPO Peer Comparision

(Rs. in crores)

Particulars Bluestone
Revenue from Ops (in Crs.) 1,770.00
PAT (In Crs.) -221.84
EPS - Basic -24.45
NAV per share 257.35
RONW -24.45%
EBITDA 4.13%
PAT Margin -12.53%
Price to earning (PE) NA
Titan Kalyan Jewel Senco Gold Thangamayil Jewel PC Jewel
60,456.00 25,045.07 6,328.07 4,910.58 2,244.60
3,337.00 714.17 159.31 118.71 577.70
28.71 14.87 8.09 10.77 9.33
130.93 46.57 120.37 354.66 9.46
28.71% 14.87% 8.09% 10.77% 9.33%
9.42% 6.06% 5.81% 4.46% 17.62%
5.52% 2.85% 2.52% 2.42% 25.74%
88.14 84.10 31.17 45.47 22.76

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 1, 2025 for Peers

Promoter Details
Name Shareholding
Gaurav Kushwaha 18.06%
Others 0.22%
Total 18.28%
Management Details
Name Designation
Gaurav Kushwaha Chairman, MD & CEO
Rumit Dugar CFO
Company Details

Name: Bluestone Jewellery And Lifestyle Limited

Address: Site No. 89/2, Lava Kusha Arcade, Munnekolal
Village, Outer Ring Road, Marathahalli,
Bangalore 560 037, Karnataka, India

Number: +91 22 4515 2729

Email: investor.relations@bluestone.com

Website: https://www.bluestone.com/

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Bluestone Jewellery IPO is a Mainboard IPO having an issue size of Rs. ₹1,540.65 Crs. Bluestone Jewellery IPO is priced at ₹492 - ₹517 per share. The issue opens on 11 Aug 25 and closes on 13 Aug 25.

Bluestone Jewellery IPO opens on 11 Aug 25 and closes on 13 Aug 25.

The estimated Grey Market Premium of Bluestone Jewellery IPO is ₹0 per share (0.00%).

The minimum lot size of Bluestone Jewellery IPO is 29 shares & the minimum application amount is Rs. 14993.

The allotment date of Bluestone Jewellery IPO is 14 Aug 25.

The listing date of Bluestone Jewellery IPO is 19 Aug 25.

Bluestone Jewellery IPO is subscribed -.

Bluestone Jewellery IPO is priced at ₹492 - ₹517 per share.

Click the allotment link on Bluestone Jewellery IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Bluestone Jewellery IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date