Description

BSE lists 2500 debentures of Akara Capital Advisors Private Limited with 12.5% p.a. interest rate, maturing on December 27, 2028, under ISIN INE08XP07324.

Summary

BSE has listed and admitted to trading 2500 new debt securities of Akara Capital Advisors Private Limited on its Debt segment effective December 8, 2025. These securities were issued on a private placement basis with a face value of Rs. 100,000 per debenture, carrying a 12.5% p.a. interest rate with monthly payments, and maturing on December 27, 2028. The securities carry an ICRA BBB credit rating.

Key Points

  • Scrip Code: 976868, Scrip ID: 125ACAP28
  • ISIN Number: INE08XP07324 (further listing under same ISIN)
  • Quantity: 2500 debentures, Market Lot: 1
  • Face Value/Paidup Value/Issue Price: Rs. 100,000 per debenture
  • Date of Allotment: December 4, 2025
  • Interest Rate: 12.5% p.a., payable monthly
  • Credit Rating: ICRA BBB
  • No Put/Call options available
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE08XP07324
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed information
  • Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Date of Allotment: December 4, 2025
  • Listing/Trading Effective Date: December 8, 2025
  • Interest Payment Period: Monthly from July 27, 2025 to December 27, 2028
  • Date of Redemption: December 27, 2028

Impact Assessment

This listing has minimal market-wide impact as it pertains to privately placed debt securities of a non-listed company. The impact is limited to:

  • Debt market participants who may trade these securities
  • Investors holding or interested in Akara Capital Advisors debt instruments
  • Trading members who need to be aware of the new scrip code and trading specifications

The ICRA BBB rating indicates moderate credit quality with adequate safety for timely payment, but with some vulnerability to changing economic conditions. The 12.5% interest rate reflects the credit risk profile of the issuer.

Impact Justification

Routine debt security listing of a private company with limited market-wide impact. Relevant primarily to debt market participants and investors in Akara Capital Advisors securities.