BlueStone Jewellery IPO Day 1: Check GMP, Subscription Status & Key Highlights

BlueStone Jewellery and Lifestyle Limited, one of India’s leading omni-channel fine jewellery retailers, has launched its much-awaited ₹1,540.65 crore IPO, consisting of a fresh issue of ₹820 crore and an offer for sale of ₹720.65 crore. The issue opened for subscription on August 11, 2025, at a price band of ₹492–₹517 per share, and will close on August 13, 2025. Post allotment, the company’s shares are set to be listed on both the BSE and NSE on August 19, 2025.

BlueStone Jewellery IPO Day 1 Subscription Status

The BlueStone Jewellery IPO didn’t receive much attention on its first day, with an overall subscription of just 0.39 times. QIBs subscribed 0.57 times, NIIs only 0.04 times, and retail investors 0.39 times.

Investor Category	Subscription (x)
Qualified Institutional Buyers (QIB)	0.57
Non-Institutional Investors (NII)	0.04
bNII (above ₹10 lakh)	0.03
sNII (less than ₹10 lakh)	0.06
Retail Individual Investors (RII)	0.39
Total Subscriptions	0.39

Total Applications: 30,036

Total Bid Amount: ₹330.42 crore

Objective of the BlueStone Jewellery IPO

BlueStone Jewellery and Lifestyle Limited plans to utilize the funds raised from its IPO to meet its working capital needs and for general corporate purposes.

Use of IPO Proceeds	Amount (₹ Cr)
Funding Working Capital Requirements	750
General Corporate Purposes	–

BlueStone Jewellery IPO GMP – Day 1 Update

The grey market premium (GMP) of BlueStone Jewellery IPO is ₹9, as on 5:00 PM August 11, 2025. The upper limit of the price band is ₹517, and the estimated listing price as per today’s GMP can be ₹526, giving a potential gain of around 1.74% per share.

Date	GMP (₹)	Est. Listing Price (₹)	Gain (%)
11-08-2025 (DAY 1)	₹9	₹526	1.74%

Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market.

BlueStone Jewellery IPO – Key Details

Particulars	Details
IPO Opening Date	August 11, 2025
IPO Closing Date	August 13, 2025
Issue Price Band	₹492 to ₹517 per share
Total Issue Size	2,97,99,798 shares(aggregating up to ₹1,540.65 Cr)
Listing Platform	BSE, NSE
Registrar	Kfin Technologies Limited
BlueStone Jewellery IPO RHP	Click Here

Important Dates for BlueStone Jewellery IPO Allotment

Event	Date
Tentative Allotment	August 14, 2025
Refunds Initiation	August 18, 2025
Credit of Shares to Demat	August 18, 2025
Listing Date	August 19, 2025

BlueStone Jewellery Overview

BlueStone Jewellery and Lifestyle Limited is India’s second-largest digital-first omni-channel fine-jewellery brand by revenue in Fiscal 2024, offering contemporary diamond, gold and platinum designs through its website, mobile app and a pan-India network of 275 stores across 117 cities. Founded in 2011, BlueStone serves customers aged 25–45 with over 7,400 designs across 91 themed collections, supported by three manufacturing facilities in Mumbai, Jaipur and Surat. Its in-house technology stack enables 360° product visualization, real-time inventory tracking, AI-driven merchandising and seamless online-to-offline experiences. The company employs 1,943 full-time staff and utilized over 80% capacity at its Mumbai and Jaipur plants in Fiscal 2025.

Easy Steps to Apply for BlueStone Jewellery IPO via Pocketful

Step 1 :  Install the Pocketful Application from Play Store or App Store

Step 2 : Sign up and complete your KYC requirements

Step 3 : Go to the IPO section from the home page

Step 4 : Look for “BlueStone Jewellery” in the list

Step 5 : Tap on Apply and enter your bid details