Description

BSE announces listing of new debt securities (NCDs) worth ₹30 crore issued by Akara Capital Advisors Private Limited on private placement basis, effective November 19, 2025.

Summary

BSE has listed new debt securities (Non-Convertible Debentures) issued by Akara Capital Advisors Private Limited on private placement basis. The securities are listed on the BSE Debt segment effective November 19, 2025. The issue comprises 30,000 debentures with a face value of ₹10,000 each, totaling ₹30 crore, carrying an interest rate of 12% per annum with monthly interest payments.

Key Points

  • Issuer: Akara Capital Advisors Private Limited
  • Quantity: 30,000 debentures
  • Face Value: ₹10,000 per debenture
  • Total Issue Size: ₹30 crore
  • Scrip Code: 977298
  • Scrip ID: 12ACAPL28A
  • ISIN: INE08XP07415
  • Credit Rating: ICRA BBB+
  • Interest Rate: 12% per annum
  • Interest Payment: Monthly (17th of each month)
  • Market Lot: 1 debenture
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only

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 INE08XP07415
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: November 17, 2025
  • Listing Date: November 19, 2025
  • Interest Payment Period: Monthly from December 17, 2025 to November 17, 2028
  • Maturity/Redemption Date: November 17, 2028
  • Tenure: 3 years

Impact Assessment

Market Impact: Minimal. This is a routine private placement listing of debt securities by a private limited company. The securities are not equity shares and will have limited participation from retail investors.

Investor Impact: The debentures offer 12% annual interest with ICRA BBB+ rating, indicating moderate credit quality. Monthly interest payments provide regular income for debt investors. High face value (₹10,000) limits retail participation.

Operational Impact: No impact on existing market operations. Standard debt segment trading procedures apply.

Impact Justification

Routine listing notice for private placement debt securities of a private limited company with limited market impact