Description

BSE announces listing of 2,500 debt securities (Scrip Code: 976868, ISIN: INE08XP07324) of Akara Capital Advisors Private Limited with 12.5% interest rate and maturity date of December 27, 2028.

Summary

BSE announces the listing of new debt securities issued by Akara Capital Advisors Private Limited on a private placement basis, effective December 8, 2025. The securities carry a 12.5% annual interest rate with monthly interest payments and will mature on December 27, 2028. The issuance consists of 2,500 securities with a face value and issue price of Rs. 100,000 each, rated ICRA BBB.

Key Points

  • Issuer: Akara Capital Advisors Private Limited
  • Scrip Code: 976868
  • Scrip ID: 125ACAP28
  • Detail Name: ACAPL-12.5%-27-12-28-PVT
  • ISIN: INE08XP07324 (Further listing under same ISIN)
  • Quantity: 2,500 securities
  • Market Lot: 1
  • Face Value: Rs. 100,000 per security
  • Issue Price: Rs. 100,000 per security
  • Total Issue Size: Rs. 25 crore (2,500 × Rs. 100,000)
  • Credit Rating: ICRA BBB
  • Interest Rate: 12.5% per annum
  • Interest Payment Frequency: Monthly from July 27, 2025 to December 27, 2028
  • Date of Allotment: December 4, 2025
  • Date of Redemption: December 27, 2028
  • Put/Call Option: Not Applicable
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must note that these securities will be traded only in dematerialized form under ISIN INE08XP07324
  • Trading members should refer to the Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: December 8, 2025
  • Date of Allotment: December 4, 2025
  • Interest Payment Period: July 27, 2025 to December 27, 2028 (Monthly)
  • Maturity Date: December 27, 2028

Impact Assessment

Market Impact: Minimal. This is a private placement debt listing with limited impact on broader markets. The securities are institutional-grade with moderate credit rating (ICRA BBB) and will have limited trading activity given their private placement nature.

Investor Impact: Relevant only to institutional investors who participated in the private placement. The 12.5% interest rate reflects the credit risk profile and current interest rate environment.

Operational Impact: Trading members need to update their systems to include the new scrip code 976868 for trading in dematerialized form on the BSE Debt segment.

Impact Justification

Routine debt securities listing on private placement basis with no impact on equity markets or broad market participants. Limited to specific institutional investors.