IPO watch: BlueStone Jewellery issue subscribed 39% on debut; QIBs drive demand as retail stays steady

BlueStone Jewellery's IPO saw 39% subscription on its first day, with strong interest from QIBs and retail investors. The IPO includes a fresh issue and an offer for sale, aiming to raise ₹1,540.65 crore. Proceeds will fund working capital and corporate needs as the company expands its retail presence across India. The IPO closes on August 13.