BlueStone’s IPO Moment, Delhivery’s Profitability Streak & More

BlueStone’s IPO Moment Is Here

After 14 years in business, Bluestone is all set to make its D-Street debut later this month. The company has filed its red herring prospectus (RHP), and its public issue will open for subscription on August 11. But below the big milestone for the company, something seems to be unsettling. 

Well, the omnichannel jewellery brand has trimmed the size of its fresh issue by 18% to INR 820 Cr and slashed its OFS component by nearly half to 1.4 Cr shares. IvyCap…