Description
BSE announces listing of 5,300 secured redeemable non-convertible debentures of Akara Capital Advisors Private Limited with 12.5% interest rate, maturing on December 27, 2028.
Summary
BSE has listed new debt securities of Akara Capital Advisors Private Limited on its Debt segment effective October 8, 2025. The securities were issued on a private placement basis and consist of 5,300 secured redeemable non-convertible debentures with a face value of Rs. 1,00,000 each, carrying a 12.5% per annum interest rate with monthly payment frequency.
Key Points
- Quantity Listed: 5,300 debentures
- Scrip Code: 976868
- Scrip ID: 125ACAP28
- ISIN: INE08XP07324 (further listings under same ISIN)
- Face Value: Rs. 1,00,000 per debenture
- Issue Price: Rs. 95,342.47
- Date of Allotment: October 7, 2025
- Interest Rate: 12.5% per annum (payable monthly)
- Maturity Date: December 27, 2028
- Credit Rating: ICRA BBB (Stable)
- Market Lot: 1
- Tick Size: 1 paise
- Trading Mode: Demat only
- Put/Call Option: Not Available
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE08XP07324
- Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
- Tick size of 1 paise must be adhered to for trading
Important Dates
- Allotment Date: October 7, 2025
- Listing Date: October 8, 2025
- Interest Payment: Monthly
- Redemption Date: December 27, 2028
Impact Assessment
This is a routine debt security listing with minimal market-wide impact. The listing adds Rs. 53 crore worth of debt instruments (5,300 × Rs. 1,00,000) to the BSE Debt segment. The securities are relevant primarily to institutional investors and debt market participants interested in BBB-rated private placement debentures. The monthly interest payment structure and approximately 3-year tenure may appeal to income-seeking investors. For clarifications, trading members can contact BSE debt department at 22728352/8597/8995/5753/8915.
Impact Justification
Routine debt security listing notice for private placement debentures with limited market-wide impact, relevant primarily to debt market participants and investors in this specific instrument.