CosmicTaco

Bluestone Files for Rs 1,000 Cr IPO; Major Stakeholders Exit

CosmicTaco · 2024-12-13T11:04:42.068956+05:30

- Bluestone, an omnichannel jewellery retailer, filed its DRHP with SEBI for a Rs 1,000 Cr IPO. - Accel Capital, Iron Pillar, and Sunil Kant Munjal to divest substantial stakes, while Saama, Ivycap, and Kalaari Capital to exit completely. - The company achieved significant growth in FY24, reporting Rs 1,266 Cr in revenue, up 64% year-on-year. Source: [Entrackr](https://entrackr.com/news/bluestone-files-drhp-for-rs-1000-cr-ipo-saama-kalaari-to-exit-8435635)

Bluestone, an omnichannel jewellery retailer, filed its DRHP with SEBI for a Rs 1,000 Cr IPO.
Accel Capital, Iron Pillar, and Sunil Kant Munjal to divest substantial stakes, while Saama, Ivycap, and Kalaari Capital to exit completely.
The company achieved significant growth in FY24, reporting Rs 1,266 Cr in revenue, up 64% year-on-year.

Source: Entrackr