Business Standard

Bluestone Jewellery & Lifestyle Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Bluestone Jewellery & Lifestyle Ltd IPO Details

    Initial public offer of up to [*] equity shares of face value of Re. 1 each (Equity Shares) of Bluestone Jewellery And Lifestyle Limited (The Company or The Company or The Issuer) for cash at a price of Rs. [*] per equity share (The Offer Price) aggregating up to Rs. [*] crores (The Offer) comprising a fresh issue of up to [*] equity shares of face value of Re. 1 each by the company aggregating up to Rs. 1000 crores (The Fresh Issue) and an offer for sale of up to 23,986,883 equity shares of face value of Re. 1 each (Offer for Sale) aggregating up to Rs. [*] crores, comprising up to 3,027,303 equity shares aggregating up to Rs. [*] croresby Accel India III (Mauritius) Ltd, up to 4,100,970 equity shares aggregating up to Rs. [*] crores by Saama Capital II, Ltd., up to 7,073,980 equity shares aggregating up to Rs. [*] crores by Kalaari Capital Partners II, LLC, up to 904,290 equity shares aggregating up to Rs. [*] crores by Kalaari Capital Partners Opportunity Fund, LLC, up to 3,126,950 equity shares aggregating up to Rs. [*] crores by Ivycap Ventures Trust - Fund 1, up to 1,094,780 equity shares aggregating up to Rs. [*] crores by Iron Pillar Fund I Ltd, up to 658,610 equity shares aggregating up to Rs. [*] crores by Iron Pillar India Fund I, up to 4,000,000 equity shares aggregating up to Rs. [*] crores by Sunil Kant Munjal (And Other Partners of Hero Enterprise Partner Ventures) (Together, the Selling Shareholders, and such equity shares, the Offered Shares).The Company, in consultation with the book running lead managers (BRLMS), may consider issue of specified securities, as may be permitted under theapplicable laws, aggregating up to Rs. 200.00 crores, at its discretion, prior to filing of the (Pre-IPO Placement). The Pre-IPO Placement, if undertaken, will be at a price to be decided by the company, in consultation with the BRLMS. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken) shall be appropriately made in the relevant sections.The face value of the equity share is Re. 1 each and the offer price is [*] times the face value of equity share. The price band and the minimum bid lot will be determined by the company.

    Objective of issue

    Funding its working capital requirements. General corporate purposes.

    Bluestone Jewellery & Lifestyle Ltd Contact Details

    Bluestone Jewellery & Lifestyle Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investor.relations@bluestone.com

    Website - www.bluestone.com