Cyril Amarchand Mangaldas advised the underwriters on the initial public offering (“IPO”) undertaken by Bluestone Jewellery and Lifestyle Limited (“Company”), a contemporary lifestyle diamond, gold, platinum and studded jewellery brand selling under their flagship brand, BlueStone.
The IPO comprised of a fresh issue aggregating to Rs. 8,200 million and an offer for sale by some investor selling shareholders of the Company, aggregating to Rs. 7,206.50 million.
The transaction team advising the Company was led by Gayathri Ramachandran, Partner; with assistance from Chinar Gupta, Principal Associate; Priyanka Khetwal, Senior Associate; Zubin Ronnie, Associate; and Palak Dwivedi, Associate.
