Jewellery startup BlueStone files for Rs 1,000 crore IPO

BlueStone Jewellery and Lifestyle, a Bengaluru-based company, has filed for an initial public offering (IPO) to raise ₹1,000 crore ($118 million). The IPO includes a fresh issue of ₹750 crore for working capital and an offer-for-sale component where existing investors like Accel, Saama Capital, and Kalaari Capital will divest shares.

Dec 12, 2024 - 21:30

Jewellery startup BlueStone files for Rs 1,000 crore IPO

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BlueStone Jewellery and Lifestyle, a Bengaluru-based company, has filed for an initial public offering (IPO) to raise ₹1,000 crore ($118 million). The IPO includes a fresh issue of ₹750 crore for working capital and an offer-for-sale component where existing investors like Accel, Saama Capital, and Kalaari Capital will divest shares.