Jewellery startup BlueStone files for Rs 1,000 crore IPO

Jewellery startup BlueStone files for Rs 1,000 crore IPO

BENGALURU: Bengaluru-based BlueStone Jewellery and Lifestyle, which offers contemporary diamond, gold, platinum, and studded jewellery under an eponymous brand, on Thursday filed for an initial public offering to raise Rs 1,000 crore ($118 million as per current exchange rates).The IPO also included an offer-for-sale (OFS) component for BlueStone’s investors Accel India, Saama Capital, Kalaari Capital…

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Varun Beverages plans to raise Rs 7,500 crore to fuel expansion and growth

Varun Beverages plans to raise Rs 7,500 crore to fuel expansion and growth

NEW DELHI: PepsiCo‘s primary bottling partner, Varun Beverages, plans to fund its growth plans by raising Rs 7,500 crore through Qualified Institutional Placement (QIP). The company’s board, according to a regulatory filing has approved the proposal on Wednesday, allowing for the issuance of equity shares in one or more tranches, subject to shareholder approval via…

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