Description

BSE announces listing of new debt securities worth Rs. 35 crore issued by Akara Capital Advisors Private Limited on private placement basis, effective October 14, 2025.

Summary

BSE has listed new debt securities issued by Akara Capital Advisors Private Limited on private placement basis with effect from October 14, 2025. The securities comprise 35,000 NCDs with a face value of Rs. 10,000 each, carrying 12% p.a. interest with monthly payment and maturity date of April 13, 2027. The securities are rated ICRA BBB- and will trade in dematerialized form only.

Key Points

  • Quantity: 35,000 NCDs (total value: Rs. 35 crore)
  • Scrip Code: 977205
  • Scrip ID: 12ACAPL27A
  • ISIN: INE08XP07399
  • Face Value/Paid-up Value/Issue Price: Rs. 10,000 per NCD
  • Interest Rate: 12% per annum (payable monthly)
  • Credit Rating: ICRA BBB-
  • Date of Allotment: October 13, 2025
  • Maturity Date: April 13, 2027
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • No Put/Call option available
  • Trading only in dematerialized form

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE08XP07399
  • Members must adhere to the tick size of 1 paise for these securities
  • Trading members can refer to the Placement Memorandum at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: October 13, 2025
  • Listing Date: October 14, 2025
  • Interest Payment: Monthly
  • Redemption Date: April 13, 2027

Impact Assessment

This is a routine debt listing notification with minimal market-wide impact. The listing adds Rs. 35 crore worth of rated debt securities to the BSE Debt segment. The securities carry an ICRA BBB- rating, indicating moderate credit risk. The impact is limited to:

  • Debt segment participants and institutional investors
  • Investors specifically interested in Akara Capital Advisors securities
  • No impact on equity markets or broader trading operations

The monthly interest payment structure provides regular income opportunity for debt investors. The 12% coupon rate reflects the credit profile of the issuer.

Impact Justification

Routine debt listing notification for private placement NCDs with limited market-wide impact; relevant only to debt segment participants and investors in Akara Capital securities