Description
BSE announces listing of new debt securities worth ₹25 crore by Akara Capital Advisors Private Limited with 13.30% interest rate.
Summary
BSE has listed new debt securities of Akara Capital Advisors Private Limited on its Debt segment effective August 25, 2025. The securities were issued on private placement basis with a face value of ₹1,00,000 per unit and carry an interest rate of 13.30% per annum.
Key Points
- Quantity: 2,500 securities (Market lot: 1)
- Face Value: ₹1,00,000 per security
- Issue Price: ₹1,00,000 per security
- Total Issue Size: ₹25 crore
- Scrip Code: 977052
- Scrip ID: 1330ACAP27
- ISIN: INE08XP07332
- Credit Rating: ICRA BBB(Stable)
- Interest Rate: 13.30% per annum (paid monthly)
- Allotment Date: August 21, 2025
- Redemption Date: February 21, 2027
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities must be traded under the specified ISIN number
- Tick size of 1 paise must be followed
- Trading members can refer to Placement Memorandum for additional details
Important Dates
- August 21, 2025: Date of allotment
- August 25, 2025: Listing effective date
- February 21, 2027: Redemption date
- Monthly: Interest payment frequency
Impact Assessment
Minimal market impact as this is a routine private placement debt listing. The securities offer monthly interest payments at 13.30% per annum with BBB(Stable) rating from ICRA, providing fixed income investment option for institutional investors.
Impact Justification
Routine debt security listing with limited market impact