BlueStone Bags INR 40 Cr In Debt From BlackSoil, Others

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SUMMARY

BlueStone has raised INR 40 Cr in debt from BlackSoil and Caspian Impact Investments

The company’s board has allotted 800 non-convertible debentures at a face value of INR 5,00,000 to raise INR 40,00,00,000

BlueStone filed its DRHP with SEBI for INR 1000 Cr IPO in December last year

Omnichannel jewellery company Bluestone has raised INR 40 Cr (around $ 4.7 Mn) in debt from BlackSoil and Caspian Impact Investments, ahead of its planned initial public offering (IPO). 

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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BlueStone Bags INR 40 Cr In Debt From BlackSoil, Others


SUMMARY

BlueStone has raised INR 40 Cr in debt from BlackSoil and Caspian Impact Investments

The company’s board has allotted 800 non-convertible debentures at a face value of INR 5,00,000 to raise INR 40,00,00,000

BlueStone filed its DRHP with SEBI for INR 1000 Cr IPO in December last year

Omnichannel jewellery company Bluestone has raised INR 40 Cr (around $ 4.7 Mn) in debt from BlackSoil and Caspian Impact Investments, ahead of its planned initial public offering (IPO). 

Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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