BlueStone Jewellery and Lifestyle garnered over Rs 693 crore from anchor investors ahead of its IPO launch. The IPO, opening August 11, includes a fresh issue of Rs 820 crore and an offer for sale of Rs 720.65 crore. Proceeds will fund working capital and general corporate needs as the company aims to further expand its retail presence across India.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets