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SUMMARY
The company has cut its fresh issue by 18% to INR 820 Cr from the initially proposed INR 1,000 Cr fresh issue while the OFS component has seen a more hefty cut, going down from the initial proposed 2.4 Cr to 1.4 Cr
The public offering, which is helmed by book running lead managers Axis Capital, IIFL Capital, Kotak Investment Bank, will open on August 11 and subsequently close on August 13
BlueStone’s losses magnified by 56% to INR 221.8 Cr in FY25 from the INR 142.2 Cr loss it incurred in the year-ago period
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