BlueStone Jewellery and Lifestyle Ltd

📊 Bluestone Q4 FY26 Update: ₹56.63 Crore IPO Funds Still Unutilized

- Total IPO size: ₹820 crore (raised August 2025)

- Unutilized funds as of March 31, 2026: ₹56.63 crore

- Working capital utilization: ₹725.65 crore (including ₹621.93 crore in fixed deposits for gold loan collateral)

- Issue expenses: ₹22.72 crore utilized out of ₹49.25 crore allocated

- Net losses: ₹142.24 crore (FY24), ₹219.21 crore (FY25), ₹18 crore (9M FY26)

- Unutilized funds held in fixed deposits (₹50 crore with AU Small Finance Bank) and bank account (₹6.63 crore)