return to news
  1. BlueStone Jewellery share price: Stock sees weak listing; shares list at over 1% discount; here's how much investors lost

Market News

BlueStone Jewellery share price: Stock sees weak listing; shares list at over 1% discount; here's how much investors lost

Kamal Joshi

3 min read | Updated on August 19, 2025, 17:47 IST

Twitter Page
Linkedin Page
Whatsapp Page

SUMMARY

BlueStone Jewellery share price: The ₹1,540.65 crore IPO had set a price band of ₹492 to ₹517 per share. It was a mix of new equity shares valued at ₹820 crore and an offer for sale component of ₹720.65 crore.

BlueStone Jewellery & Lifestyle Limited launched its 'BlueStone' brand in 2011. | Image: X/@bluestone_com

BlueStone Jewellery & Lifestyle Limited launched its 'BlueStone' brand in 2011. | Image: X/@bluestone_com

BlueStone Jewellery share price: Shares of BlueStone Jewellery & Lifestyle Ltd made a weak debut on the stock exchanges on Tuesday, August 19.

The stock listed at ₹510 apiece on the National Stock Exchange (NSE), reflecting a discount of 1.35% against the issue price of ₹517 per share.

Shares of BlueStone Jewellery and Lifestyle Ltd, which offers contemporary jewellery under its flagship brand 'BlueStone', on Tuesday ended with a premium of nearly 6% against the issue price of ₹517.

It started trading at ₹508.80 on the BSE, down 1.59% from the issue price.

BlueStone Jewellery share price: Here's how much investors lost

A lot consisted of 29 shares costing ₹14,993. Investors who received the BlueStone Jewellery IPO allotment lost ₹203 per lot (29x510=14,790).

The initial share sale was subscribed 2.70 times, attracting bids for 4,46,22,300 equity shares as against 1,65,14,421 shares on offer, according to the consolidated data on the NSE.

CategoryReservedNo of Shares Bid ForNo of Times
Qualified Institutional Buyers88,62,9903,79,61,7834.28
Non-Institutional Investors45,90,85925,33,35355%
Retail Investors30,60,57241,27,1641.35
Total1,65,14,4214,46,22,3002.70

BlueStone Jewellery & Lifestyle's ₹1,540.65 crore IPO had set a price band of ₹492 to ₹517 per equity share. It was a mix of new equity shares valued at ₹820 crore and an offer for sale component of ₹720.65 crore.

The money raised will be used to fund working capital requirements and serve general corporate purposes.

BlueStone Jewellery & Lifestyle is among key jewellery retailers in India, with a network of 275 stores.

IIFL Capital Services, Axis Capital, and Kotak Mahindra Capital Company were the offer's book-running lead managers, while KFin Technologies is the registrar.

Bluestone shares list below GMP estimates

Bluestone Jewellery shares listed below the GMP estimates, which had suggested a market debut at a 0.39% premium.

Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.
SIP
Consistency beats timing.
promotion image

About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.