Bengaluru | August 9, 2025 — BlueStone Jewellery & Lifestyle, the Bengaluru-based fine jewellery retailer, has raised ₹693 crore from anchor investors ahead of its initial public offering (IPO) scheduled for August 11–13. The IPO is priced in the ₹492–₹517 range per share.
Anchor Investment Details
The company allotted 1.34 crore shares at ₹517 each to institutional investors including SBI Life Insurance, Goldman Sachs, Aditya Birla Sun Life AMC, and Axis MF. This strategic allocation signals strong institutional confidence in BlueStone’s growth story.
IPO Structure
The jewellery retailer aims to raise ₹1,540 crore through the offering:
- ₹820 crore via fresh issue of shares
- ₹720.65 crore through an Offer for Sale (OFS) by existing investors
Business Footprint
Founded in 2011, BlueStone operates 275 stores across 117 cities, supported by manufacturing facilities in Mumbai, Jaipur, and Surat. The company is known for blending design innovation with an omnichannel retail strategy.
With robust anchor participation and a nationwide retail presence, BlueStone’s IPO will be closely watched as a barometer for investor appetite in India’s luxury retail segment.
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