Description

BSE announces listing of 61,000 debt securities worth Rs. 10,000 each issued by Akara Capital Advisors Private Limited on private placement basis, effective December 18, 2025.

Summary

BSE has listed new debt securities of Akara Capital Advisors Private Limited issued on a private placement basis. The listing comprises 61,000 securities with a face value of Rs. 10,000 each, carrying an interest rate of 12.5% per annum. The securities are listed under scrip code 977383 and ISIN INE08XP07449, with trading commencing on December 18, 2025.

Key Points

  • Quantity Listed: 61,000 debt securities
  • Face Value: Rs. 10,000 per security
  • Issue Price: Rs. 10,000 per security
  • Scrip Code: 977383
  • Scrip ID: 1250ACAP27
  • ISIN: INE08XP07449
  • Interest Rate: 12.5% per annum
  • Credit Rating: ICRA BBB (Stable)
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Date of Allotment: December 17, 2025
  • Trading Mode: Dematerialized form only

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 INE08XP07449
  • Tick size of 1 paise must be observed for all trades
  • Trading members requiring clarification may contact BSE debt department at 22728352/8597/8995/5753/8915
  • For detailed information, members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

  • Allotment Date: December 17, 2025
  • Listing Date: December 18, 2025
  • Interest Payment Dates: Monthly from January 17, 2026 to January 17, 2027
  • Redemption Date: January 17, 2027

Impact Assessment

This listing has minimal market-wide impact as it pertains to privately placed debt securities with a relatively short tenure (approximately 13 months). The securities are rated ICRA BBB (Stable), indicating moderate credit quality. The monthly interest payment structure provides regular income to investors. Impact is limited to debt market participants interested in mid-rated corporate debt instruments. No put or call options are attached to these securities.

Impact Justification

Routine debt security listing for private placement with limited market-wide impact; relevant only to specific debt market participants and investors in Akara Capital securities