

BlueStone Jewellery and Lifestyle recently made a splash in the stock market, ending its trading debut with a 5.60% gain. Initially priced at Rs 517, the shares opened lower but quickly rebounded, reaching a high of Rs 564 during the day. The IPO was a hit, oversubscribed 2.70 times, raising Rs 1,540.65 crore. Founded in 2011, BlueStone has expanded significantly, boasting 275 stores across India. The fresh capital will help fund its working capital needs and support corporate growth, solidifying BlueStone's position as a leading jewellery retailer.