BlueStone Jewellery IPO Day 3 Subscription Reaches 2.72x, QIBs Drive Demand

BlueStone Jewellery and Lifestyle Limited's initial public offering (IPO) has demonstrated moderate investor interest through its third and final day of subscription, with BlueStone Jewellery's stock price set at ₹492-517 per share, reflecting a measured market reception. The ₹1,540.65 crore IPO reached 2.72 times by 4:59:33 PM on day three, indicating moderate investor interest in this jewellery retail company incorporated in 1995.

BlueStone Jewellery IPO qualified institutional buyers (ex-anchor) segment leads with a good 4.25 times subscription, whilst retail investors demonstrate modest participation at 1.38 times, and non-institutional investors show limited interest at 0.57 times, whilst anchor investors show complete participation at 1.00 times, reflecting moderate investor confidence in this company.

BlueStone Jewellery IPO subscription reached a moderate 2.72 times on day three, led by Qualified Institutional Buyers Ex-Anchor (4.25x), Retail Investors (1.38x), and Non-Institutional Investors (0.57x). Total applications reached 1,08,427.

Subscription Status of BlueStone Jewellery IPO:

Here are the subscription details for BlueStone Jewellery IPO as of Day 3 (August 13, 2025, 4:59:33 PM):

BlueStone Jewellery IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached a moderate 2.72 times, showing improvement from day two's 0.66 times.
• Qualified institutional buyers (ex-anchor) showing good performance at 4.25 times, building substantially from day two's 0.84 times.
• Retail investors are displaying modest growth at 1.38 times, building moderately from day two's 0.75 times.
• bNII category demonstrating modest improvement at 0.68 times, building substantially from day two's 0.29 times.
• Non-institutional investors category showed limited interest at 0.57 times, building moderately from day two's 0.23 times.
• sNII segment is showing modest participation at 0.34 times, building moderately from day two's 0.11 times.
• Total applications reached 1,08,427, indicating moderate investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹2,306.45 crores against the issue size of ₹1,540.65 crores.

BlueStone Jewellery IPO - Day 2 Subscription at 0.66 Times

Key Highlights - Day 2:

• Overall subscription reached 0.66 times, showing improvement from day one's 0.39 times.
• Qualified institutional buyers (ex-anchor) showing moderate performance at 0.84 times, building from day one's 0.57 times.
• Retail investors displaying moderate growth at 0.75 times, building substantially from day one's 0.39 times.
• bNII category demonstrating modest improvement at 0.29 times, building significantly from day one's 0.03 times.
• Non-institutional investors category showing limited interest at 0.23 times, building moderately from day one's 0.04 times.
• sNII segment showing modest participation at 0.11 times, building marginally from day one's 0.06 times.
• Total applications reached 57,786, indicating measured investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹557.32 crores against the issue size of ₹1,540.65 crores.

BlueStone Jewellery IPO - Day 1 Subscription at 0.39 Times

Key Highlights - Day 1:

• Overall subscription reached 0.39 times, showing modest initial investor interest.
• Qualified institutional buyers (ex-anchor) showing moderate performance at 0.57 times, indicating measured institutional appetite.
• Retail investors displaying moderate confidence at 0.39 times, showing cautious retail sentiment.
• sNII segment showing modest interest at 0.06 times, indicating limited smaller HNI participation.
• Non-institutional investors showing limited performance at 0.04 times, demonstrating restrained HNI appetite.
• bNII category demonstrating minimal performance at 0.03 times, showing cautious larger HNI interest.

About BlueStone Jewellery and Lifestyle Limited

Incorporated in 1995, BlueStone Jewellery and Lifestyle Limited is an Indian jewellery retail company engaged in manufacturing and providing diamond, gold, platinum and studded jewellery under its flagship brand BlueStone, with pan-India presence through 275 stores across 117 cities and various other business operations.

The company continues to attract measured investor interest as it approaches its final day of subscription on August 13, 2025, with potential for improved participation across investor categories. The IPO aims to raise funds for working capital requirements and general corporate purposes as the company expands its omni-channel retail presence in the competitive jewellery market.