BlueStone Jewellery Stock Listing: Shares of BlueStone Jewellery and Lifestyle are set to make stock market debut today, with listing on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

The company’s initial public offering (IPO), which opened on August 11 and closed on August 13, attracted strong investor interest. The allotment of shares took place on August 14.

BlueStone Jewellery IPO subscription details

Subscription data showed the IPO was subscribed 2.70 times overall. Category-wise, the qualified institutional buyers (QIBs) segment saw the highest demand, with 4.28 times subscription, while the retail investors portion was booked 1.35 times, and the non-institutional investors (NIIs) category witnessed 55 per cent subscription.

BlueStone Jewellery IPO details

BlueStone raised Rs 1,540.65 crore through the IPO, priced in the range of Rs 492 to Rs 517 per equity share.

The issue consisted of a fresh issue of 1.59 crore equity shares worth Rs 820 crore and an offer-for-sale (OFS) of 1.39 crore shares aggregating Rs 720.65 crore.

Axis Capital acted as the book-running lead manager for the issue, while Kfin Technologies served as the IPO registrar.

(This story will be updated shortly.)