BlueStone Jewellery and Lifestyle Limited
360 ONE AIF trimmed its BlueStone Jewellery and Lifestyle stake from 9.22% to 6.91%, selling 35,14,361 shares for ₹185.59 Cr at ₹528.10 apiece.
A jewellery manufacturer and retailer specializing in diamond, gold, platinum, and studded pieces, Bluestone operates through physical stores and an online platform across India. The company designs and produces its own jewellery collections, controlling production from conception to customer delivery. Bluestone distinguishes itself through vertical integration and direct manufacturing capabilities, allowing greater quality control, design flexibility, and customer engagement across its diverse product range.
360 ONE AIF is the alternative investments arm of 360 ONE Asset Management, formerly IIFL Asset Management, part of the 360 ONE group. It manages alternative investment funds spanning listed equity, private equity and private credit strategies for sophisticated and institutional investors, led by chief investment officer Anup Maheshwari.