Secured non-convertible debenture Series B1 · Consumer
GIVA’s Indiejewel raises ₹50 crore through Series B1 debentures
The January 2025 debt issue funded general corporate purposes and was secured against inventory.
Indiejewel Fashions raised ₹50 crore through Series B1 non-convertible debentures allotted on 21 January 2025. The company behind GIVA designated the proceeds for general corporate purposes.
The privately placed securities carried a 13.25% annual coupon and were scheduled to mature on 1 December 2026. The issue comprised 5,000 debentures at ₹1 lakh each, secured against inventory including raw materials, work in progress and finished goods.
This financing preceded a separate ₹50 crore debenture allotment on 30 January, which carried a different coupon and maturity.
Use of funds
General corporate purposes
Funding history
Secured non-convertible debenture Series B1 · This round₹500M