CosmicTaco

BlueStone Secures Board Nod for INR 1,000 Cr IPO

CosmicTaco · 2024-12-06T11:19:48.816400+05:30

- BlueStone, an omnichannel jewellery startup, plans to raise INR 1,000 Cr through its IPO, valuing the company at INR 12,000-13,000 Cr. - In August, BlueStone raised INR 900 Cr in a pre-IPO round, elevating its valuation to $970 Mn. - Despite posting a loss of INR 142.2 Cr in FY24, BlueStone's operating revenue surged 64% YoY to INR 1,265.8 Cr. Source: [Inc42](https://inc42.com/buzz/bluestone-gets-board-approval-for-inr-1000-cr-ipo/)

BlueStone, an omnichannel jewellery startup, plans to raise INR 1,000 Cr through its IPO, valuing the company at INR 12,000-13,000 Cr.
In August, BlueStone raised INR 900 Cr in a pre-IPO round, elevating its valuation to $970 Mn.
Despite posting a loss of INR 142.2 Cr in FY24, BlueStone's operating revenue surged 64% YoY to INR 1,265.8 Cr.

Source: Inc42