Description
BSE announces listing of new debt securities worth Rs. 15 crore by Akara Capital Advisors Private Limited on private placement basis.
Summary
BSE has announced the listing and admission to dealings of new debt securities issued by Akara Capital Advisors Private Limited on private placement basis, effective from August 18, 2025. The securities have a face value of Rs. 1 lakh each with a total quantity of 1,500 securities.
Key Points
- New debt securities listed on BSE Debt segment
- Quantity: 1,500 securities with market lot of 1
- Face value: Rs. 1,00,000 per security
- Issue price: Rs. 96,000 per security (4% discount to face value)
- Credit rating: ICRA BBB (Stable)
- Interest rate: 12% per annum, paid monthly
- Securities tradeable only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification under existing BSE debt segment procedures.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE08XP07282
- Members requiring clarification should contact BSE debt department on specified phone numbers
- Reference to Placement Memorandum available on BSE website for detailed terms
Important Dates
- Listing effective date: August 18, 2025
- Date of allotment: August 14, 2025
- Interest payment: Monthly
- Redemption date: August 14, 2028
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The securities provide institutional investors access to a 3-year debt instrument with monthly interest payments at 12% per annum. The ICRA BBB (Stable) rating indicates moderate credit risk.
Impact Justification
Routine debt security listing with limited market impact