GIVA’s Indiejewel raises ₹30 crore in Series B3 debt
The April 2025 secured debenture issue provided capital for general corporate purposes.
Indiejewel Fashions raised ₹30 crore through a Series B3 secured debenture issue allotted on 25 April 2025. The financing provided capital for general corporate purposes at the company behind jewellery retailer GIVA.
The non-convertible debentures carried a 13.55% annual coupon and were scheduled to mature on 1 December 2026. The privately placed issue comprised 3,000 securities with a face value and issue price of ₹1 lakh each.
Use of funds
General corporate purposes