As an investor, deciding whether to invest in an IPO can often be challenging. If you are confused and worried about whether to Apply or Not the BlueStone Jewellery IPO. Then worry not, here we are describing 10 important key points & an in-depth, detailed BlueStone Jewellery IPO review which will help you to make the decision.
Strengths and Weaknesses of BlueStone Jewellery IPO
Strengths:
- BlueStone Jewellery is the second largest digital-first jewellery brand that offers both online and in-store shopping experiences.
- The company incorporates an in-house technology system to manage and run all parts of our business.
- The company acquires a strong pan-India presence across Tier-I, Tier-II, and Tier-III cities in India, all thanks to its strong and profitable store performance.
- The company uses the advanced manufacturing facilities in order to control the entire production process via fully integrated operations.
Weaknesses:
- The company’s success depends on its strength and reputation under the brand name “BlueStone”; if not able to maintain or grow its awareness can badly impact the business.
- Unable to turn existing customers into repeat buyers or failing to attract new ones can badly impact the profit and the company’s revenue.
- Not being able to develop new designs or update the old collection as per the customer preferences can negatively impact the business, cash flow, and performance.
- The company may not be able to grow as fast as it did in the past, can negatively face challenges like carrying out its expansion plans.
BlueStone Jewellery IPO Details
| IPO Size: | ₹1,540.65 crores |
| Offer-for-sale: | up to 1,39,39,063 equity shares |
| Fresh issue: | ₹820 crores |
| Price band: | ₹492 to ₹517 |
| Subscription: | Opens on August 11, 2025, and the closing date is August 13, 2025 |
| Purpose of IPO: | Fresh Issue and Offer-for-Sale |
BlueStone Jewellery IPO Open and closing dates?
The BlueStone Jewellery IPO will open for subscription on August 11, 2025, and close on August 13, 2025.
What is the size of the BlueStone Jewellery IPO?
The company planned to raise around ₹1,540.65 crores in funds via an IPO. This IPO comprises only a fresh issue of ₹820 crores and an Offer-for-sale up to 1,39,39,063 equity shares, with a face value of ₹1 each.
What are the subscription details of the BlueStone Jewellery IPO?
The BlueStone Jewellery IPO price range is set at ₹492 to ₹517 per share. In this IPO, a total of 29 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 377 shares in 13 lot sizes were available, for the S-HNI Minimum category, 406 shares were available in 14 lot sizes. While for the B-HNI Minimum category, 1,943 shares were available in 67 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of 14,993 and maximum investment of ₹1,94,909.
- Small HNI (S-HNI): Minimum investment of ₹2,09,902.
- Big HSI (S-HNI): A minimum investment of ₹10,04,531 is required.
What is the BlueStone Jewellery IPO listing Date?
BlueStone Jewellery is a Mainboard IPO shares will be listed on August 19, 2025, on the BSE (Bombay Stock Exchange) & NSE (National Stock Exchange).
What are the objectives of the BlueStone Jewellery IPO Issue?
The objective behind raising funds via a fresh issue is to utilize the proceeds for the company’s working capital requirements. The remaining funds will be used to support the general corporate purposes of the company.
About BlueStone Jewellery
BlueStone Jewellery is one of the leading companies that provides contemporary lifestyle diamond, gold, platinum, and studded jewellery under the flagship brand, BlueStone. Bluestone Jewellery is one of the fastest-growing and premier companies due to its belief in providing direct and smooth services to its consumers.
The company has amazing strengths such as In-house Technology Architecture, Driving End-to-End Business Operations, modern and unique design and design approach, Modern manufacturing with fully integrated operations, skilled and experienced team. They are one of the few top jewelry retailers in India with a nationwide presence.
As of June 30, 2024, they have 203 stores in 86 cities across 26 states and union territories, and serve customers in over 12,600 PIN codes across the country. They are one of the few top jewelry retailers in India with a nationwide presence. As of June 30, 2024, they have 203 stores in 86 cities across 26 states and union territories, and serve customers in over 12,600 PIN codes across the country.
BlueStone Jewellery IPO Financials
The company reported revenue of ₹1,830.04 crores in 2025 against ₹1,303.49 crores in 2024. The company reported a loss of ₹221.84 crores in 2025 against a loss of ₹142.24 crores in 2024..
BlueStone Jewellery IPO Promoters
Gaurav Singh Kushwaha is the promoter of the company.
Who are the BlueStone Jewellery IPO lead managers and registrar?
Kotak Mahindra Capital Company Limited, Axis Capital Limited, and IIFL Capital Services Limited are the lead managers of BlueStone Jewellery, while KFin Technologies Limited is the registrar to the issue.
Should you apply or not for the BlueStone Jewellery IPO?
Investing in the BlueStone Jewellery IPO could be the IPO of the year for people who want to tap into India’s growing jewellery market. They sell their products in both online and offline ways, giving customers the flexibility to shop in a way that best suits their convenience and preferences. BlueStone Jewellery is the 2nd largest digital-first jewellery brand in India has built a strong reputation with a wide customer base across Tier-I, Tier-II, and Tier-III cities. The company incorporates in-house technology architecture in order to offer a customized experience.
However, with any investment, there are risks too. Over the years, the company has maintained a reputation for maintaining the brand value, customer loyalty, and profitability.
Now, if you ask whether you should apply or not for the BlueStone Jewellery IPO, then if you believe in the long-term growth of the jewellery sector, the IPO could be worth considering to invest in.
This implies that BlueStone Jewellery Limited may offer high returns and can provide excellent long-term gains. However, in the end, we always recommend doing a good financial background check on the company to avoid potential risks and losses. Please invest cautiously and at your own risk.
