BlueStone Shares List At 1.5% Discount Over IPO Price

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SUMMARY

On the NSE, the stock opened at INR 510, registering a 1.3% discount over the IPO price

This debut follows BlueStone’s IPO, which closed on August 13 with an overall oversubscription of 2.7X, led primarily by QIBs

BlueStone’s IPO comprised a fresh issue worth up to INR 1,000 Cr along with an OFS of up to 2.4 Cr shares by existing investors

Omnichannel jewellery startup Bluestone made its stock market debut today, listing at a discount of INR 508.80 per share on the BSE, about 1.5% lower than its issue price of…



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BlueStone Shares List At 1.5% Discount Over IPO Price


SUMMARY

On the NSE, the stock opened at INR 510, registering a 1.3% discount over the IPO price

This debut follows BlueStone’s IPO, which closed on August 13 with an overall oversubscription of 2.7X, led primarily by QIBs

BlueStone’s IPO comprised a fresh issue worth up to INR 1,000 Cr along with an OFS of up to 2.4 Cr shares by existing investors

Omnichannel jewellery startup Bluestone made its stock market debut today, listing at a discount of INR 508.80 per share on the BSE, about 1.5% lower than its issue price of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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