BlueStone Jewellery IPO Booked Over 2 Times: How To View Share Allotment Status On Kfin Technologies

BlueStone Jewellery IPO (BlueStone Jewellery) was booked 2.55 times on the last day of bidding August 13, at the time of writing this story. Subsequent to the closure of the subscription window BlueStone Jewellery IPO share allotment status is expected to be decided on August 14.

BlueStone Jewellery IPO Subscription Details

BlueStone Jewellery IPO was booked 2.55 times on August 13 at the time of writing. Investors across categories applied for 42.13 million shares compared to the 16.51 million shares offered for subscription.

BlueStone Jewellery IPO's retail portion was subscribed 1.18 times as investors placed bids for over 3.62 million shares against the 3.06 million shares set aside for the category.

Non-Institutional Investors (NIIs) applied for over 2.24 million shares of BlueStone Jewellery compared to the 4.59 million offered for subscription for the category, leading to the mainboard issue being booked 49 per cent.

The Qualified Institutional Buyers (QIBs) oversubscribed their quota in the BlueStone Jewellery IPO 4.09 times. QIBs investors placed bids for over 36.26 million shares compared to the 8.86 million shares reserved for them.

BlueStone Jewellery IPO GMP

BlueStone Jewellery shares are trading with a Grey Market Premium ranging from (Rs 0 to Rs 11) on August 1, according to websites which track grey market activity. BlueStone Jewellery IPO price band ranges between Rs 492 to Rs 517. At the higher end of the price band, BlueStone Jewellery's unlisted shares are quoting a grey market price of Rs 528 per share (Rs 517+ Rs 11), pointing towards a modest debut with a premium of more than 2 per cent.

BlueStone Jewellery IPO Details

BlueStone Jewellery aims to raise Rs 1,540.65 crore through its public issue. BlueStone Jewellery IPO consists of an equity issue of 15.9 million shares aggregating to Rs 820 crore. The jewellery retailer also plans to raise Rs 720.65 crore through an offer-for-sale consisting of 13.9 million equity shares.

The BlueStone Jewellery IPO price band was fixed at Rs 492 to Rs 517 per share. Retail individual investors interested in applying for BlueStone Jewellery IPO can do so by placing bids for a minimum of 1 lot or 29 shares, amounting to an investment of Rs 14,993.

BlueStone Jewellery IPO Allotment

BlueStone Jewellery IPO applicants can check their share allotment status on the Kfin Technologies Pvt Ltd website. Investors can also check BlueStone Jewellery IPO allotment on the BSE and NSE websites.

Step-by-Step Guide: View BlueStone Jewellery IPO Allotment On NSE

• Visit the NSE website via this link

• https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

• Select the 'Equity & SME IPO bid details' option from the list

• Select 'BlueStone Jewellery' from the list on screen

• Type in your IPO application number

• Click on the 'submit' button

• The status of your application will be displayed

Step-by-Step Guide: BlueStone Jewellery IPO Allotment Status On BSE

• Head to the BSE's IPO application status viewing page via this link

• https://bseindia.com/investors/appli_check.aspx.

• 'Issue Type' menu will pop up on your screen

• Choose 'Equity' from the menu shown on screen

• Choose 'BlueStone Jewellery' from the list of IPOs

• Input your IPO application number or PAN details

• Select 'Search'

• Your results will be shown on screen

Step by Step Guide View BlueStone Jewellery IPO Allotment Status On Kfin Technologies

• Head to the Kfin Technologies' IPO website page through this link

• https://ris.kfintech.com/ipostatus/

• Choose one of the links from the five choices displayed on screen

• Select 'BlueStone Jewellery' from the dropdown menu.

• Type in your PAN, application number, or DP/Client ID.

• Click the 'Submit' button and your allotment status will be shown on screen

BlueStone Jewellery IPO Listing date

Once the basis of allotment for BlueStone Jewellery IPO is finalised on August 14, refunds will be initiated for unsuccessful bidders on August 18. On the other hand, bidders who have been allotted shares will receive them in their demat accounts on August 18 as well. Shares of the jewellery retailer will debut on the NSE and BSE. BlueStone Jewellery shares will make their Dalal Street debut on August 19.