BlueStone Jewellery’s Rs 1,541 crore IPO witnessed a slow start, with subscriptions at 4% on day one and a modest grey market premium. The IPO, priced at Rs 492-517, aims to raise funds through fresh issues and an offer for sale. SBI Securities recommends subscribing for the long term, citing strong revenue growth and market position despite current losses.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets