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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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