India, Aug. 13 -- The IPO of omnichannel jewellery brand BlueStone witnessed bumper response from qualified institutional buyers (QIBs) and retail individual investors (RIIs) on the final day of bidding, with an overall oversubscription of 2.6X at 15:30 IST.

As per BSE data, the issue received cumulative bids for 4.41 Cr shares as against 1.65 Cr shares on offer.

The portion reserved for QIBs was oversubscribed 4.2X, with them placing bids for 3.7 Cr shares against 88.6 Lakh shares on offer. Of these, foreign institutional investors bid for 1.7 Cr shares and domestic institutional investors for 48.3 Lakh shares.

Trailing behind QIBs were RIIs, with an oversubscription of 1.24X. These investors bid for 37.9 Lakh shares against 30.6 Lakh...