Description

BlueStone Jewellery and Lifestyle Limited finalizes allocation of 1.34 crore equity shares to anchor investors at ₹517 per share for their upcoming IPO.

Summary

BlueStone Jewellery and Lifestyle Limited has finalized the allocation of 1,34,09,910 equity shares to anchor investors at ₹517 per share as part of their upcoming Initial Public Offering. The IPO comprises a fresh issue of up to ₹8,200 crore and an offer for sale aggregating up to additional amount.

Key Points

  • Total anchor investor allocation: 1,34,09,910 equity shares
  • Anchor investor allocation price: ₹517 per equity share (including ₹516 share premium)
  • Face value: ₹1 per equity share
  • Fresh issue size: Up to ₹8,200 crore
  • Decision made by IPO Committee on August 8, 2025
  • Book Running Lead Managers: Axis Capital Limited, IIFL Capital Services Limited, Kotak Mahindra Capital Company Limited

Major Anchor Investors

  • AMANSA HOLDINGS PRIVATE LIMITED: 32,72,012 shares (24.40%)
  • SBI LIFE INSURANCE CO. LTD: 27,62,424 shares (20.60%)
  • NIPPON LIFE INDIA TRUSTEE LTD - NIPPON INDIA SMALL CAP FUND: 19,35,431 shares (14.43%)
  • GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO: 13,70,366 shares (10.22%)
  • HDFC LIFE INSURANCE COMPANY LIMITED: 6,67,290 shares (4.98%)
  • Various Aditya Birla Sun Life, PGIM India, and other mutual funds

Company Details

  • Registered Office: Site No. 89/2 Lava Kusha Arcade, Munnekolal Village, Outer Ring Road, Marathahalli, Bangalore - 560037
  • Corporate Office: 302, Dhantak Plaza, Makwana Road, Marol, Andheri East, Mumbai - 400 059
  • CIN: U72900KA2011PLC059678
  • Business: Jewellery and lifestyle products

Impact Assessment

The anchor investor allocation represents strong institutional interest in BlueStone’s IPO, with major insurance companies and mutual funds participating. The successful anchor round at ₹517 per share sets a positive tone for the public offering and indicates confidence in the company’s business model and growth prospects in the jewellery retail sector.

Impact Justification

Significant IPO development for upcoming listing of major jewellery retailer