India, Aug. 19 -- Will BlueStone Dazzle D-Street Today?

BlueStone is set to make history today, becoming the first new-age Indian jewellery brand to debut on the stock exchanges. So, how does the omnichannel giant's IPO stack up as it sets sail for D-Street?

Decoding BlueStone IPO: The omnichannel jewellery brand's public issue comprises a fresh issue of shares worth INR 820 Cr and an OFS component of 1.4 Cr shares. It has set a price band of INR 492 to INR 517 per share for its IPO, pegging the startup at INR 7,800 Cr at the upper end of the spectrum. The company's public issue also saw oversubscription of 2.7X, witnessing ample demand from institutional buyers and retail investors, but HNIs seemed unenthused.

BlueStone's Fading Glow:...