eCommerce

BlueStone Nets INR 693 Cr From Anchor Investors

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SUMMARY

The company allocated 1.34 Cr equity shares to 20 anchor investors, including Societe Generale, Goldman Sachs, Nippon India, Motilal Oswal, among others

BlueStone allotted the shares at INR 517 per share, which is the upper end of its IPO price band

The IPO will comprise a fresh issue of up to INR 820 Cr and an OFS component of up to 1.4 Cr shares

Ahead of the commencement of the bidding for its public issue on August 11, omnichannel jewellery brand Bluestone has raised INR 693.3 Cr from anchor investors.

The company…

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