BlueStone Jewellery & Lifestyle is set to open its ₹1,540.65 crore IPO on August 11, 2025.

The issue will comprise a fresh issue of shares and an offer for sale by existing shareholders.

Funds from the fresh issue will be used to expand retail stores, upgrade technology, and repay debt.

In FY25, BlueStone reported revenue of ₹1,380 crore, up 21% year-on-year from FY24’s ₹1,140 crore.

Net profit in FY25 stood at ₹102 crore, compared to ₹82 crore in FY24, showing strong earnings momentum.

The company operates over 180 stores across India, with plans to reach 250 outlets by FY26.

Its online jewellery sales channel contributed 28% to revenue in FY25, supported by rising digital demand.

Prominent investors like Accel, Kalaari Capital, and IvyCap will partially exit through the OFS route.

The price band for the IPO is expected to be announced later this week, with listing likely by August 20.

Market analysts expect strong subscription interest given brand recognition and sector growth prospects.