Jewellery retailer Bluestone, which on Thursday filed the draft papers for an initial public offering, is expected to price the issue at a valuation of Rs 12,000-13,000 crore, a more than 50% jump from its most recent fundraising from the private market, people in the know told ET. In August, the Bengaluru-based company closed a…
Bluestone’s board has given a go ahead for its initial public offering through which the jewellery retailer is looking to raise Rs 1,000 crore in fresh capital. The company is expected to file its draft red herring prospectus over the course of next week or so, people aware of the matter said. Offline store expansion…
Representative Image New Delhi: Jewellery retailer BlueStone will use the majority of its recently raised funds to expand its footprint across the country, the company’s founder and CEO, Gaurav Singh Kushwaha told ETRetail. The company currently has around 178 stores across the country, as compared to 155 stores at the end of last year. As…
