Bluestone reduces IPO size to Rs 820 Cr; cuts OFS by 42%

Accel-backed jewellery brand Bluestone has scaled down its IPO size and trimmed both the fresh issue and Offer for Sale (OFS) component, according to its Red Herring Prospectus (RHP) dated August 4, 2025. The move comes days ahead of its planned public issue launch on August 11.

Bluestone will now raise Rs 820 crore via fresh equity, down from the earlier proposed Rs 1,000 crore in its Draft Red Herring Prospectus (DRHP). The company has also reduced its OFS size by over 42%, from…