BlueStone Jewellery & Lifestyle IPO

Issue:₹517

List:₹555.26

CMP:₹441

NSELot: 29Mainboard

LISTEDMAINBOARD

Issue Price₹517

Listing₹555.26

Current₹441

Price Band

₹492 - ₹517

Lot Size

Issue Size

₹1540.65 Cr

GMP

₹0

Subscription

0.39x

Content

IPO Schedule

Open

11 Aug

13 Aug

Allotment

Listing

19 Aug

About BlueStone Jewellery & Lifestyle

BlueStone Jewellery & Lifestyle is an omnichannel retailer of high-quality jewellery. They offer a wide range of designs and cater to diverse customer preferences, with a strong focus on online sales and a growing physical store presence.

Subscription Status

QIB

0.57x

NII

0.04x

Retail

0.39x

Category	Day 3	Day 2	Day 1
QIB	4.25x	0.84x	0.57x
NII	0.57x	0.23x	0.04x
Retail	1.38x	0.75x	0.39x
Total	2.72x	0.66x	0.39x

Risk Factors

•Negative Return on Equity (ROE) of -34.53% indicates potential profitability concerns.

•Intense competition from established players in the organized and unorganized jewellery market.

•Fluctuations in gold prices and other raw material costs can impact profitability.

•Dependence on online sales channels makes them vulnerable to changes in consumer behavior and online marketing costs.