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BLUESTONE FILES FOR INDIA IPO, TO SELL NEW SHARES WORTH $118 MN
Hindustan Times Jammu
|December 13, 2024
India's Bluestone Jewellery and Lifestyle filed for an initial public offering on Thursday, aiming to cash in on a booming IPO market in a country that is also the world's second-biggest gold consumer.
Bluestone will issue new shares worth 10 billion rupees ($117.8 million). Existing shareholders, including Accel and Kalaari Capital, will sell 24 million shares in the offering, the draft prospectus showed.
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