Secured non-convertible debenture INE0NCE07018 · Consumer
GIVA’s Indiejewel raises ₹50 crore through January 2025 secured debentures
The 30 January allotment carried a 13.5% coupon and a January 2028 maturity.
Indiejewel Fashions, the company behind jewellery brand GIVA, raised ₹50 crore through secured non-convertible debentures allotted on 30 January 2025. The issue carried a 13.5% annual coupon and was scheduled to mature on 19 January 2028.
The private placement comprised 500 debentures issued at ₹10 lakh each. The securities were unlisted and redeemable. This January allotment was a separate issue from Indiejewel’s Series B1 debentures allotted earlier that month.
Funding history
Secured non-convertible debenture INE0NCE07018 · This round₹500M
Secured non-convertible debenture Series B1₹500M