India, Aug. 12 -- Update | August 12, 20:02

The IPO of omnichannel jewellery brand BlueStone was subscribed 65% at the end of the second day of bidding. According to the BSE data, the public issue received cumulative bids for 1.07 Cr shares against the total offering of 1.65 Cr shares.

Qualified institutional buyers (QIBs) showed the maximum interest, with the portion reserved for them seeing 85% subscription. They placed bids for 75 Lakh shares as against 88.62 Lakh shares on offer.

Retail investors' portion was subscribed 73%, receiving bids for 22.36 Lakh shares against 30.6 Lakh shares on offer.

Non-institutional investors (NIIs) placed bids for 10.42 Lakh shares against 45.9 Lakh shares on offer, translating to 23% subscription....