Description

BSE announces listing of new debt securities (ISIN: INE08XP07407) issued by Akara Capital Advisors Private Limited on private placement basis, effective November 3, 2025.

Summary

BSE has listed new debt securities issued by Akara Capital Advisors Private Limited on private placement basis, effective November 3, 2025. The securities (Scrip Code: 977260, ISIN: INE08XP07407) carry a 13% per annum interest rate with monthly payment frequency and mature on October 29, 2028. The securities are rated ICRA-BBB (Stable) and will trade only in dematerialized form on the BSE Debt segment.

Key Points

  • Scrip ID: 13ACAPL28 (ACAPL-13%-29-10-28-PVT)
  • Scrip Code: 977260
  • ISIN: INE08XP07407
  • Quantity: 5,000 units
  • Face Value: Rs. 10,000 per unit
  • Paid-up Value: Rs. 10,000 per unit
  • Issue Price: Rs. 9,500 per unit (5% discount to face value)
  • Market Lot: 1 unit
  • Credit Rating: ICRA-BBB (Stable)
  • Interest Rate: 13% per annum (monthly payment)
  • Date of Allotment: October 31, 2025
  • Listing Date: November 3, 2025
  • Tick Size: 1 paise
  • No Put/Call options available

Regulatory Changes

None. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE08XP07407
  • Securities to be traded on BSE Debt segment with minimum tick size of 1 paise
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915
  • Full details available in Placement Memorandum at https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

  • October 31, 2025: Date of Allotment
  • November 3, 2025: Listing and commencement of trading
  • Monthly: Interest payment dates (13% p.a.)
  • October 29, 2028: Redemption date

Impact Assessment

This is a routine debt security listing with minimal market impact. The private placement nature and dematerialized-only trading requirement limit the investor base to institutional and qualified participants. The 13% interest rate reflects the ICRA-BBB rating and current market conditions for non-banking financial company debt. Total issue size is Rs. 5 crore (5,000 units × Rs. 10,000), indicating a relatively small offering. No impact on equity markets or broader trading operations.

Impact Justification

Routine listing notification for private placement debt securities. Limited market impact as securities trade in dematerialized form only with specific investor base.