Comparison between BlueStone Jewellery IPO and Rajputana Stainless IPO.
BlueStone Jewellery IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Rajputana Stainless IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of BlueStone Jewellery IPO is up to ₹1,540.65 Cr whereas the issue size of the Rajputana Stainless IPO is up to ₹254.98 Cr. The final issue price of BlueStone Jewellery IPO is ₹517.00 per share and of Rajputana Stainless IPO is ₹122.00 per share.
| BlueStone Jewellery IPO | Rajputana Stainless IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹10 per share |
| Issue Price (Lower) | ₹492.00 per share | ₹116.00 per share |
| Issue Price (Upper) | ₹517.00 per share | ₹122.00 per share |
| Issue Price (Final) | ₹517.00 per share | ₹122.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 29 shares | 110 shares |
| Fresh Issue Size | 1,58,60,735 shares | 1,46,50,000 shares |
| Fresh Issue Size (Amount) | up to ₹820.00 Cr | up to ₹178.73 Cr |
| OFS Issue Size | 1,39,39,063 shares | 62,50,000 shares |
| OFS Issue Size (Amount) | up to ₹720.65 Cr | up to ₹76.25 Cr |
| Issue Size Total | 2,97,99,798 shares | 2,09,00,000 shares |
| Issue Size Total (Amount) | up to ₹1,540.65 Cr | up to ₹254.98 Cr |
BlueStone Jewellery IPO opens on Aug 11, 2025, while Rajputana Stainless IPO opens on Mar 09, 2026. The closing date of BlueStone Jewellery IPO and Rajputana Stainless IPO is Aug 13, 2025, and Mar 11, 2026, respectively.
| BlueStone Jewellery IPO | Rajputana Stainless IPO | |
|---|---|---|
| Anchor Bid Date | Aug 08, 2025 | |
| Issue Open | Aug 11, 2025 | Mar 09, 2026 |
| Issue Close | Aug 13, 2025 | Mar 11, 2026 |
| Basis Of Allotment (Tentative) | Aug 14, 2025 | Mar 17, 2026 |
| Initiation of Refunds (Tentative) | Aug 18, 2025 | Mar 18, 2026 |
| Credit of Share (Tentative) | Aug 18, 2025 | Mar 19, 2026 |
| Listing date (Tentative) | Aug 19, 2025 | Mar 19, 2026 |
| Anchor Lockin End date 1 | Sep 12, 2025 | |
| Anchor Lockin End date 2 | Nov 11, 2025 |
BlueStone Jewellery IPO P/E ratio is , as compared to Rajputana Stainless IPO P/E ratio of 21.1.
| BlueStone Jewellery IPO | Rajputana Stainless IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)BlueStone Jewellery & Lifestyle Ltd.'s revenue increased by 40% and profit after tax (PAT) dropped by 56% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 18.28 | 78.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 16.07 | 57.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹7823.26 Cr. | ₹1019.53 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -34.53% | 30.17% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | -3.67% | 31.72% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.80 | 0.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | -24.45% | 26.23% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the BlueStone Jewellery IPO Retail Individual Investors (RII) are offered 29,79,979 shares while in Rajputana Stainless IPO retail investors are offered 29,79,979 shares. Qualified Institutional Buyers (QIB) are offered 89,39,940 shares in BlueStone Jewellery IPO and 20,90,000 shares in Rajputana Stainless IPO.
| BlueStone Jewellery IPO | Rajputana Stainless IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,34,09,910 shares | 0 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 89,39,940 shares | 20,90,000 shares |
| NII | 44,69,969 shares | 56,43,000 shares |
| RII | 29,79,979 shares | 1,31,67,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 2,97,99,798 shares | 2,09,00,000 shares |
BlueStone Jewellery IPO subscribed 2.72x in total, whereas Rajputana Stainless IPO subscribed 1.12x.
| BlueStone Jewellery IPO | Rajputana Stainless IPO | |
|---|---|---|
| QIB (times) | 4.25x | 2.51x |
| NII (times) | 0.57x | 2.59x |
| Big NII (times) | 0.68x | 3.74x |
| Small NII (times) | 0.34x | 0.31x |
| RII (times) | 1.38x | 0.27x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.72x | 1.12x |
