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BlueStone IPO Makes Dull Debut, Down 1.3% From Issue Price

BlueStone IPO Makes Dull Debut, Down 1.3% From Issue Price

Hans India5 hours ago
BlueStone Jewellery shares made a weak stock market debut today, August 19. The stock listed at ₹510 on NSE, down 1.3% from the issue price of ₹517. On the BSE, it opened at a 1.6% discount.
The IPO had raised ₹1,540.65 crore, consisting of ₹820 crore from fresh issue (1.59 crore shares) and ₹720.65 crore from offer for sale (1.39 crore shares). By the close of bidding (August 13), the IPO was subscribed 2.72 times.
Price band: ₹517 per share
Lot size: 29 shares (₹14,268 minimum retail investment)
Allotment date: August 14
Lead manager: Axis Capital
Registrar: Kfin Technologies
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