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 27 December 2028.

Summary

BSE has listed new debt securities of Akara Capital Advisors Private Limited on its Debt segment with effect from 08 October 2025. The securities consist of 5,300 debentures issued on private placement basis with a face value of Rs. 1,00,000 each, carrying a 12.5% per annum interest rate with monthly payment frequency, and maturing on 27 December 2028.

Key Points

  • Quantity: 5,300 debentures
  • Scrip Code: 976868 | Scrip ID: 125ACAP28
  • ISIN: INE08XP07324 (further listing under same ISIN)
  • Face Value: Rs. 1,00,000 per debenture
  • Issue Price: Rs. 95,342.47
  • Date of Allotment: 07 October 2025
  • Credit Rating: ICRA BBB (Stable)
  • Market Lot: 1
  • Trading: Dematerialised form only
  • Tick Size: 1 paise
  • No put/call options available

Regulatory Changes

No regulatory changes. This is a standard listing notification for debt securities issued on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE08XP07324
  • Trading members must adhere to the tick size of 1 paise
  • For detailed information, trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • Queries may be directed to BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: 07 October 2025
  • Listing Date: 08 October 2025
  • Interest Payment: Monthly
  • Redemption Date: 27 December 2028

Impact Assessment

This listing has minimal market-wide impact as it pertains to private placement debt securities with limited liquidity. The impact is confined to:

  • Debt segment traders who may participate in secondary market trading
  • Existing investors/allottees of these specific debentures
  • Institutional investors tracking BBB-rated debt instruments

The securities are rated ICRA BBB (Stable), indicating moderate credit quality with adequate capacity to meet financial commitments, subject to adverse economic conditions. The 12.5% interest rate reflects the credit risk profile and market conditions for such instruments.

Impact Justification

Routine debt security listing on private placement basis with limited market-wide impact, relevant primarily to debt segment traders and specific investors