The BlueStone Jewellery IPO is set to open on August 11, 2025, and will close on August 13, 2025. This IPO is a Book Build Issue, with the company aiming to raise approximately ₹1,540.65 crores. This amount includes a fresh issue of ₹820 crores and an offer for sale of up to 1,39,39,063 equity shares, each with a face value of ₹1.
The price band for the BlueStone Jewellery IPO is between ₹492 and ₹517 per share. The allocation for retail investors is 10%, while Qualified Institutional Buyers (QIB) will receive 75%, and High Net-worth Individuals (HNI) will get 15%. The listing of the BlueStone Jewellery IPO on the BSE and NSE is scheduled for August 19, 2025, with the allotment date set for August 14, 2025.
In terms of financial performance, the company reported a revenue of ₹1,830.04 crores in 2025, compared to ₹1,303.49 crores in 2024. However, it also reported a loss of ₹221.84 crores in 2025, which is an increase from a loss of ₹142.24 crores in 2024. Based on these financials, it is advisable for IPO investors to consider applying for the IPO with a long-term perspective.
BlueStone Jewellery IPO Details
| IPO Open Date: | August 11, 2025 |
| IPO Close Date: | August 13, 2025 |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹492 to ₹517 Per Share |
| Issue Size: | Approx ₹1,540.65 Crores |
| Fresh Issue: | Approx ₹820 Crores |
| Offer for Sale: | Approx 1,39,39,063 Equity Shares |
| Lot Size: | 29 Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
BlueStone Jewellery IPO Market Lot
The BlueStone Jewellery IPO minimum market lot is 29 shares with ₹14,993 application amount. The retail investors can apply up-to 13 lots with 377 shares of ₹1,94,909 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 29 | ₹14,993 |
| Retail Maximum | 13 | 377 | ₹1,94,909 |
| S-HNI Minimum | 14 | 406 | ₹2,09,902 |
| B-HNI Minimum | 67 | 1,943 | ₹10,04,531 |
BlueStone Jewellery IPO Dates
The BlueStone Jewellery IPO date is August 11 and the close date is August 13. The BlueStone Jewellery IPO allotment will be finalized on August 14 and the IPO listing on August 19.
| IPO Open Date: | August 11, 2025 |
| IPO Close Date: | August 13, 2025 |
| Basis of Allotment: | August 14, 2025 |
| Refunds: | August 18, 2025 |
| Credit to Demat Account: | August 18, 2025 |
| IPO Listing Date: | August 19, 2025 |
Promoters of BlueStone Jewellery IPO
The promoters of the company is Gaurav Singh Kushwaha.
BlueStone Jewellery IPO Company Financial Report
The company reported revenue of ₹1,830.04 crores in 2025 against ₹1,303.49 crores in 2024. The company reported loss of ₹221.84 crores in 2025 against loss of ₹142.24 crores in 2024.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹787.89 | ₹955.14 | ₹167.24 | ₹1,255.49 |
| 2024 | ₹1,303.49 | ₹1,445.73 | ₹142.24 | ₹2,453.49 |
| 2025 | ₹1,830.04 | ₹2,049.93 | ₹221.84 | ₹3,532.28 |
BlueStone Jewellery IPO Valuation – FY2025
Check BlueStone Jewellery IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | (3.67)% |
| EBITDA Margin: | 4.13% |
| PAT Margin: | (12.53)% |
| Debt to equity ratio: | 0.67 |
| Earning Per Share (EPS): | ₹(79.74) (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | (24.45)% |
| Net Asset Value (NAV): | ₹66.94 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Titan Company Limited | 37.62 | 88.14 | 28.71 | 130.93 | 60,456 Cr. |
| Kalyan Jewellers India Limited | 6.93 | 84.10 | 14.87 | 46.57 | 25,045.07 Cr. |
| Senco Gold Limited | 10.09 | 31.17 | 8.09 | 120.37 | 6,328.07 Cr. |
| Thangamayil Jewellery Ltd | 42.00 | 45.47 | 10.77 | 354.66 | 4,910.58 Cr. |
| PC Jeweller Limited | 1.13 | 22.76 | 9.33 | 9.46 | 2,244.60 Cr. |
BlueStone Jewellery is renowned for providing modern lifestyle options in diamond, gold, and platinum. As one of the fastest-growing and leading companies, BlueStone believes in delivering direct and seamless services to its customers. They rank among the top jewelry retailers in India, boasting a nationwide presence. As of June 30, 2024, BlueStone operates 203 stores in 86 cities across 26 states and union territories, reaching customers in over 12,600 PIN codes throughout the country. The company possesses remarkable strengths, including in-house technology architecture, comprehensive business operations, innovative and unique design approaches, modern manufacturing with fully integrated processes, and a skilled, experienced team. Furthermore, according to sources, this premier firm is set to launch an IPO, providing investors with opportunities to profit based on market conditions.