What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for BlueStone Jewellery and Lifestyle Limited IPO?

Based on the upper price band of ₹517 and current GMP of ₹2, the estimated listing price is ₹519 (approx. 0.4% gain).

What is the expected profit per lot for BlueStone Jewellery and Lifestyle Limited IPO?

With a lot size of 29 shares and current GMP of ₹2, expected profit per retail application lot is approximately ₹58.

IPO GreyPremiumLIVE

Grey Market Intelligence

BlueStone Jewellery and Lifestyle Limited

ListedMainboard

Consumer Goods / Jewelry · NSE / BSE

As of June 30, 2024, the company offers a wide range of diamond, gold, platinum, and studded jewellery, including rings, earrings, necklaces, pendants, solitaires, bangles, bracelets, and chains, with 95 themed collections designed to suit various customer preferences and budgets. Its retail network spans 203 stores in 86 cities across 26 states and union territories, covering over 12,600 PIN codes, with 110 company-owned outlets and 93 franchises occupying more than 350,000 sq. ft. of space. The in-house team of 25 designers works from dedicated studios, supported by vertically integrated operations and advanced manufacturing facilities.

Price Band

₹492 – ₹517

Issue Size

₹1541 Cr

Lot Size

29 shares

GMP

₹2

+0.4%

Est. Listing

₹519

at current GMP

Subscribed

2.72x

overall

Open

11 Aug 2025

13 Aug 2025

Allotment

14 Aug 2025

Refund

15 Aug 2025

Demat Credit

16 Aug 2025

Listing

19 Aug 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

BlueStone Jewellery and Lifestyle Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹2+0.4%

Issue Price (Upper)

₹517

Band: ₹492 – ₹517

Estimated Listing Price

₹519

Upper price + GMP

Lot Size

29 shares

Min investment ₹14,993

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹2	0.4%	₹519
30 Oct 2026	+₹2	0.4%	₹519
29 Oct 2026	+₹2	0.3%	₹519

About BlueStone Jewellery and Lifestyle Limited Public Issue & Market Profile

BlueStone Jewellery and Lifestyle Limited is bringing an initial public offering (IPO) in the Consumer Goods / Jewelry sector with an aggregate issue size of ₹1,541 Crores. The shares are offered at a price band of ₹492 to ₹517 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Pricing Context:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Basis of Allotment & Listing Timeline:

Following the close of bidding on 2025-08-13, the basis of allotment is scheduled to be finalized on 2025-08-14. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is BlueStone Jewellery and Lifestyle Limited IPO GMP today?

The latest grey market premium for BlueStone Jewellery and Lifestyle Limited IPO is ₹2, which indicates an expected listing price of ₹519.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.