Description

BSE lists new debt securities (Scrip Code: 977309) of Akara Capital Advisors Private Limited worth Rs. 40 crore with 12% interest rate, maturing on May 21, 2027.

Summary

BSE has listed and admitted new debt securities of Akara Capital Advisors Private Limited for trading on the Debt segment effective November 24, 2025. The securities were issued on a private placement basis with a face value of Rs. 10,000 per unit, totaling 40,000 units (Rs. 40 crore). The debentures carry a 12% per annum interest rate with monthly interest payments and mature on May 21, 2027. The securities are rated BBB (Stable) by ICRA and will trade exclusively in dematerialized form.

Key Points

  • Scrip Code: 977309
  • Scrip ID: 12ACAPL27B
  • ISIN: INE08XP07423
  • Quantity: 40,000 units
  • Face Value: Rs. 10,000 per unit
  • Issue Price: Rs. 10,000 per unit
  • Total Issue Size: Rs. 40 crore
  • Interest Rate: 12% per annum (paid monthly)
  • Credit Rating: ICRA BBB (Stable)
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Date of Allotment: November 21, 2025
  • Maturity Date: May 21, 2027
  • Put/Call Option: Not Available
  • Trading Mode: Dematerialized form only

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for privately placed debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE08XP07423
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • The tick size of 1 paise must be adhered to for all trades
  • Market lot of 1 unit applies to all transactions

Important Dates

  • Allotment Date: November 21, 2025
  • Listing Date: November 24, 2025
  • Interest Payment: Monthly intervals
  • Redemption Date: May 21, 2027

Impact Assessment

Market Impact: Low - This is a routine listing of privately placed debt securities with limited market-wide impact. The listing provides additional investment options in the debt segment for institutional and qualified investors.

Operational Impact: Minimal - Standard trading procedures apply. Trading members need to be aware of the new scrip code and ISIN for order placement and settlement.

Investor Impact: The securities offer a 12% annual return with monthly interest payments, providing regular income over an 18-month tenure. The BBB (Stable) rating indicates moderate credit quality with adequate capacity for timely payment of financial commitments.

Contact: Trading members requiring clarification may contact the debt department at 22728352/8597/8995/5753/8915.

Impact Justification

Routine listing of private placement debt securities with limited market-wide impact, relevant primarily to debt market participants and investors in Akara Capital instruments