BlueStone Jewellery IPO listing today. GMP, experts signal muted debut of shares in stock market today
BlueStone Jewellery IPO listing date is today, August 19, and BlueStone Jewellery shares will be listed on both the stock exchanges, BSE and NSE.
'Trading Members of the Exchange are hereby informed that effective from Tuesday, August 19, 2025, the equity shares of BlueStone Jewellery and Lifestyle Limited shall be listed and admitted to dealings on the Exchange in the list of 'B' Group of Securities,' a notice on the BSE said.
BlueStone Jewellery shares will be a part of Special Pre-open Session (SPOS) on Tuesday, August 19, 2025, it added, and the stock will be available for trading from 10:00 AM.
Ahead of the BlueStone Jewellery IPO listing today, investors look for the trends in the grey market premium (GMP) to gauge the estimated listing price. BlueStone Jewellery IPO GMP today and analysts indicate a muted debut of shares on BSE and NSE today.
BlueStone Jewellery shares are commanding a muted GMP today. Market experts said that BlueStone Jewellery IPO GMP today is ₹ 2 per share. This indicates that in the grey market, the BlueStone Jewellery shares are trading higher by ₹ 2 than their issue price.
BlueStone Jewellery IPO GMP today signals that the estimated listing price of the shares would be ₹ 519 apiece, which at a premium of 0.39% to the IPO of ₹ 517 per share.
Analysts also expect BlueStone Jewellery shares to list with a modest premium in the stock market today.
'BlueStone Jewellery IPO listing arrives at the intersection of scale and scrutiny. The brand has established a formidable omni-channel presence, with over 275 stores complementing its digital-first identity. Yet, the market response leading into the IPO underscores a clear divergence between revenue visibility and profitability conviction,' said Bhavik Joshi Business Head, INVasset PMS.
He believes BlueStone Jewellery share listing may settle at fair or modest premiums, but the real test begins after the bell. Despite strong topline momentum over the last three years, BlueStone's widening net losses and subdued margin profile have created hesitancy among discerning investors.
'The company's positioning as a design-led player in lifestyle jewellery is compelling from a brand standpoint, but markets now favour narratives backed by operational efficiency and cashflow clarity. While institutional demand eventually supported the book, the relatively mild grey market signals and lukewarm retail participation are not signs of euphoric listing expectations,' Joshi added.
This is symptomatic of a broader shift in equity markets. Investors are no longer captivated by scale alone — they are searching for signals of sustainable economics, he added.
The IPO commenced for public subscription on Monday, August 11, and concluded on Wednesday, August 13, while the IPO allotment date was August 14. BlueStone Jewellery IPO listing date is today, August 19, and the equity shares will be listed on BSE and NSE.
The company raised ₹ 1,540.65 crore from the book-building issue at the upper-end of the IPO price band of ₹ 492 to ₹ 517 per share. The IPO was a combination of fresh issue of 1.59 crore equity shares worth ₹ 820 crore, and offer-for-sale (OFS) of 1.39 crore shares amounting to ₹ 720.65 crore.
BlueStone Jewellery IPO was subscribed 2.70 times in total, NSE data showed. The Retail Individual Investors (RIIs) category was booked 1.35 times, while the Non Institutional Investors (NII) portion was subscribed 55%. The Qualified Institutional Buyers (QIBs) category received 4.28 times subscription.
Axis Capital is the book running lead manager and Kfin Technologies is the BlueStone Jewellery IPO registrar.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
20 minutes ago
- The Hindu
Cotton import duty exemption a death warrant to farmers, says Samyukt Kisan Morcha
The Union Textile Ministry said in New Delhi on Tuesday (August 19, 2025) that the decision to exempt all customs duties on the import of raw cotton until September 30 was meant to stabilise domestic cotton prices and support the textile industry. Meanwhile, the Samyukt Kisan Morcha (SKM), an umbrella organisation of several farmers' outfits, alleged that the move signalled a death warrant to cotton farmers. The SKM said it strongly protested the notification to eliminate the import tariff on cotton as it would have a direct impact on the domestic price of cotton. 'Cotton price will definitely fall and farmers will face further distress and indebtedness,' the SKM said, accusing Prime Minister Narendra Modi of duplicity and betrayal, and asking him to explain his earlier statement that farmers were his government's highest priority. In the past 11 years, the SKM said cotton farmers were never given a minimum support price for cotton, as recommended by the M.S. Swaminathan Commission. 'The entire cotton area is the highest peasant suicide prone region of India. The elimination of import duty on cotton will further eliminate the livelihood of lakhs of cotton farmer households,' the SKM said. Meanwhile, the Ministry of Textiles said in a statement that the exemption includes the removal of both the 5% Basic Customs Duty, the 5% Agriculture Infrastructure and Development Cess, and a 10% Social Welfare Surcharge on both, cumulatively resulting in an 11% import duty on cotton. 'The decision, notified by the Central Board of Indirect Taxes and Customs, is expected to lower input costs across the textile value chain encompassing yarn, fabric, garments, and made-ups and provide much needed relief to manufacturers and consumers alike,' the Ministry said, adding that the government aims to enhance the availability of raw cotton in the domestic market, stabilise cotton prices, and thereby reduce inflationary pressure on finished textile products, and support export competitiveness of Indian textile products by lowering production costs. The move will protect small and medium enterprises (SMEs) in the textile sector, which are more vulnerable to price fluctuations, the government said.
&w=3840&q=100)
Business Standard
20 minutes ago
- Business Standard
India, US negotiating agreement to liberalise trade in goods: Minister
India and the US are negotiating a multi-sector bilateral trade agreement and as a part of the negotiations, both sides are discussing liberalisation of trade in goods, including non-sensitive agricultural products, Parliament was informed on Tuesday. The government is engaged with all relevant stakeholders including agriculture, farming experts, to assess the interests and requirements of India's rural economy, farmers and agricultural sector, Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha. "India and the USA are negotiating a multi-sector Bilateral Trade Agreement (BTA). As a part of negotiations, among other things, both sides are engaged in discussions on liberalization of trade in goods, including non-sensitive agricultural products, with the aim to expand trade and deepen the India-US trade relationship," he said. He added that the government is committed to taking all necessary steps to secure and advance the country's national interest and protect the welfare of our farmers, rural economy and agriculture sector. So far, five rounds of talks have been completed between the two countries on the proposed BTA. The US team has recently postponed their visit for the sixth round of negotiations, which was scheduled from August 25. In a separate reply, he said a reciprocal tariff at the rate of 25 per cent has been imposed on certain goods exported from India to the US starting from August 7. Further, additional duty of 25 per cent with effect from August 27, 2025 has been imposed on certain goods exported from India. "The Government has taken note of tariff imposition by the US," the minister said, adding it is estimated that around USD 48.2 billion of India's merchandise export (based on 2024 trade value) to the US will be subject to the above additional tariffs. He said that the government is committed to secure and advance the country's national interest and protect the welfare of Indian farmers, workers, entrepreneurs, exporters, MSMEs and all sections of industry and take all necessary steps to help mitigate impact on trade including through appropriate export promotion and trade diversification measures. Replying to a separate question, Prasada said India has entered into a Double Taxation Avoidance Agreement with the US that applies to the corporate taxation of Indian companies in the United States. The benefits available in this agreement remain unchanged irrespective of the domestic laws of the US. The US has not implemented the global minimum tax rules so far, and has stated that the commitment made by prior administration on it shall have no effect in America unless they are adopted in its domestic laws. "This is unlikely to affect taxation of Indian companies in the United States. US Corporate tax changes generally apply to entities with US tax liability and are not expected to directly affect exporters that sell from India," the minister said adding the government is engaged with all relevant stakeholders including industry to protect country's economic and commercial interests and to mitigate impact on trade through all appropriate steps including export promotion and trade diversification. In an another reply, the minister said the US has announced countervailing duties (CVD) on export of Melamine, Hexamine, Epoxy Resins, Ceramic Tile, Hard Empty Capsules, Overhead Door Counterbalance Torsion Springs, and High Chrome Cast Iron Grinding Media from India in the period January to July 2025. On April 2, he said, the US announced country specific reciprocal tariffs including on India. "A baseline tariff of 10 per cent on nearly all US imports was imposed w.e.f. April 5, 2025, with country-specific reciprocal tariffs, including on India @26 per cent, which was to be effective from April 9, 2025. However, on India, these reciprocal tariffs were suspended till August 1, 2025. India's export to the US covered by country-specific reciprocal tariffs, as per data for 2024, was USD 48.2 billion," Prasada said. The government, he added, is committed to taking all necessary steps to secure and advance the country's national interest and protect the welfare of our farmers, workers, entrepreneurs, exporters, MSMEs and employment-intensive industries to mitigate the impact on trade, including through appropriate export promotion and trade diversification measures. "Government is engaged with all stakeholders, including exporters and industry, for taking feedback on their assessment of the situation," he said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Economic Times
20 minutes ago
- Economic Times
When half your paycheque becomes the EMI: A Rs 50 lakh package can buy a flat, but can it buy peace of mind?
Synopsis On paper, a Rs 50 lakh annual salary may seem enough for a Rs 1.5 crore flat. In practice, the numbers don't stretch that far. Wealth advisor Alok Tiwari's calculations show that nearly half of the take-home pay would go into monthly instalments, leaving little for daily living costs. Financial guidelines and housing affordability data back his warning. While banks may be willing to lend, the risk of being overextended is real. TIL Creatives Representative AI Image A Rs 1.5 crore home loan at an interest rate of about 8.5% over 20 years means an EMI between Rs 1.2 and Rs 1.3 lakh each month. Alok Tiwari, a wealth advisor, broke down the problem in plain numbers.'EMI for 1.5Cr will be 1.2L pm. A 50L CTC makes 2.75L pm. Deduct rents, school fees, insurance, school bus, petrol, car cost, misc, groceries, utilities, vacation etc. Now from the leftover savings divide with 1.5cr,' Tiwari wrote on concern is clear. A Rs 50 lakh annual package translates to about Rs 2.75 lakh a month in hand. Almost half of that vanishes into the loan repayment, before accounting for the many other unavoidable costs of family such a loan might pass bank scrutiny. The Reserve Bank of India allows lenders to extend loans up to half of a borrower's income. But most advisors, and many banks themselves, caution against stretching beyond 40% of take-home pay for housing this case, 40% of Rs 2.75 lakh works out to roughly Rs 1.1 lakh. The EMI required is closer to Rs 1.29 lakh, already breaching that threshold. That gap signals stress, not comfort. The affordability question is not new. Knight Frank's 2025 report on housing shows that, on average, Indian buyers commit 28% of their income to EMIs. But the picture changes dramatically across cities. In Mumbai, the ratio climbs to 48%, a level already seen as risky. In contrast, Ahmedabad and Kolkata remain more affordable, with EMIs consuming 18% to 23% of commitments inch close to half of what a household earns, it squeezes everything else. School fees, groceries, fuel, insurance, travel, and even small savings start to feel post touched a nerve because it describes a common dilemma. Salaries in many urban sectors have risen, and home loans have become accessible. Yet the real question is not whether a bank will say yes, but whether the borrower can live comfortably afterwards.A Rs 50 lakh salary, under present benchmarks, does not comfortably support a Rs 1.5 crore home. The risk is not just of repaying the bank, but of sacrificing financial flexibility. Buyers may end up house-rich but cash-poor. Disclaimer: This article is based on a user-generated post on social media. has not independently verified the claims made in the post and does not vouch for their accuracy. The views expressed are those of the individual and do not necessarily reflect the views of Reader discretion is advised.
