StockWatch
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Gems, Jewellery And Watches
Regulatory23 Apr 2026, 07:41 pm

BlueStone: No Deviation in IPO Fund Utilization for Q4 FY26

AI Summary

BlueStone Jewellery and Lifestyle Ltd confirmed no deviation or variation in the utilization of proceeds from its Initial Public Offer (IPO) for the quarter ended March 31, 2026. The company raised ₹820 Crore through its IPO on August 14, 2025. This statement is filed under Regulation 32(1) of SEBI Listing Regulations, with CARE Ratings Limited acting as the monitoring agency. The report explicitly states "No" to any deviation in fund use, ensuring compliance with the stated objects of the public issue.

Key Highlights

  • BlueStone confirmed no deviation in IPO fund utilization for Q4 FY26.
  • The company raised ₹820 Cr via IPO on August 14, 2025.
  • Compliance filing under SEBI Regulation 32(1) confirmed no variation.
  • CARE Ratings Limited is the monitoring agency for fund utilization.