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  1. Home
  2. Akara Capital Adviso...

Akara Capital Advisors Private Limited

INACTIVE

ISIN: INE08XP07159

Issuer Details

Instrument Details

Security Measures

Cash Flow Schedule

Credit Rating Details

Listing Details

Key Documents

Issuer Details


Issuer Name

AKARA CAPITAL ADVISORS PRIVA...

Type of Issuer

Non PSU

Sector

Financial Services

Coupon Rate

10.01%

Industry

Finance

Issuer nature

Other

Corporate Identity Number (CIN)

U74110DL2016PTC290970

Name of the Lead Manager

-

Registrar

Bigshare Services Pvt. Limit...

Name of Debenture Trustee

Beacon Trusteeship Ltd

Instrument Details


Instrument name as on NSDL

10.01% SECURED RATED LISTED ...

Face Value (in ₹)

100000

Total Issue size( in ₹ Cr.)

40

Category of Instrument

PLAIN VANILLA DEBENTURES

Allotment Date

21-07-2023

Redemption Date

21-01-2025

Whether Secured or Unsecured

Secured

Put Option Date

-

Call Option Date

-

Seniority in Repayment

Senior

Security Measures


Asset Coverage

Principal

Asset Percentage

110%

Details of Asset Cover

The Debentures shall be secured by first ranking exclusive and continuing charge basis by way of hypothecation in favour of the Debenture Trustee over identified loan receivables of the Issuer

Sr No.

Asset Type

Details of the security

1

Book Debts / Receivables

The Debentures shall be secured by first ranking exclusive and continuing charge basis by way of hypothecation in favour of the Debenture Trustee over identified loan receivables of the Issuer

Disclaimer: Tap Bonds gathers data directly from the respective OBPP websites but does not guarantee its accuracy. We do not offer investment advice or endorse the purchase of any securities mentioned, nor do we warrant the reliability of the information collected.

Similar Bonds

AKARA CAPITAL ADVISORS PRIVATE LIMITED

ISIN: INE08XP07191

Coupon Rate

13%

Face Value (in ₹)

100000


AKARA CAPITAL ADVISORS PRIVATE LIMITED

ISIN: INE08XP07092

Coupon Rate

14%

Face Value (in ₹)

1000000


AKARA CAPITAL ADVISORS PRIVATE LIMITED

ISIN: INE08XP07241

Coupon Rate

12.5%

Face Value (in ₹)

10000


AKARA CAPITAL ADVISORS PRIVATE LIMITED

ISIN: INE08XP07142

Coupon Rate

11.5%

Face Value (in ₹)

100000


About Akara Capital Advisors Private Limited bond with ISIN: INE08XP07159

In the competitive landscape of fixed income securities, detailed and comprehensive information is vital for both investors and market analysts. This bond, identified by the unique ISIN INE08XP07159, represents a significant financial instrument. Issued by AKARA CAPITAL ADVISORS PRIVATE LIMITED, it comes with the following description: "10.01% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 21/01/2025". Although the bond is currently marked as inactive, its structure and historical context provide valuable insights into the world of debentures and non-convertible securities. The issuer, AKARA CAPITAL ADVISORS PRIVATE LIMITED, classified as Non PSU, plays an essential role in the market despite some details such as sector, industry, and issuer nature not being explicitly provided. Key identifiers like the Corporate Identification Number (CIN) U74110DL2016PTC290970 further bolster its credibility. With a coupon rate of 10.01%, this instrument has been meticulously managed with the assistance of Bigshare Services Pvt. Limited and under the oversight of Beacon Trusteeship Ltd, ensuring a strong operational framework. Examining the technical specifications, the bond’s face value is 100000 with an issue size of 40. It was allotted on 7/21/2023 and is scheduled for redemption on 1/21/2025. Categorized under "PLAIN VANILLA DEBENTURES" and defined as Secured, the instrument is structured to meet specific investment objectives. Although options such as call or put are not applicable in this instance, the core attributes remain detailed and robust. A critical element in evaluating any fixed income instrument is its credit rating. The bond carries a credit rating of BBB as provided by ICRA LIMITED. In the market, ratings typically range from D to AAA, and a rating of BBB is generally considered to be on the riskier end of the spectrum. This insight helps potential investors understand that while the ratings spectrum is broad, a lower rating can indicate higher risk, prompting careful consideration before investing. The security measures add another layer of assurance. The asset cover is described as follows: The Debentures shall be secured by first ranking exclusive and continuing charge basis by way of hypothecation in favour of the Debenture Trustee over identified loan receivables of the Issuer – a feature that, while requiring further inquiry for complete details, underscores the issuer’s commitment to providing some level of investor protection. Furthermore, the bond is supported by several documents. The bond is supported by a variety of documents including Shelf Prospectus/Information Memorandum/Offer Documents/Tranches/Series, ICRA LIMITED_09-08-2024, ICRA LIMITED_-. These documents serve as a reference for additional details and provide transparency to interested parties. Additionally, there are similar bonds in the market such as the bond with ISIN INE08XP07191 having a coupon rate of 13% and the bond with ISIN INE08XP07092 having a coupon rate of 14% and the bond with ISIN INE08XP07241 having a coupon rate of 12.5% and the bond with ISIN INE08XP07142 having a coupon rate of 11.5%. Such comparable instruments offer a broader perspective on market positioning and allow investors to perform benchmark analysis. This detailed description is crafted to meet rigorous content standards and to offer exhaustive insights into every facet of the bond’s structure. Investors, analysts, and researchers alike can derive substantial value from this narrative, which underscores both the instrument’s inherent characteristics and its broader market positioning. Such elaborate coverage enhances investor confidence by providing a rich, comprehensive content base. Every element from issuance details to security measures and comparative insights is meticulously presented to facilitate an informed and robust market understanding.

Disclaimer: The facts and information on this page are for information and awareness purposes only. No information provided here is intended towards any specific user and should not be construed as investment advice or a recommendation of any kind whatsoever. You are requested to consult with your professional investment advisor or tax advisor for specific directions on any investments in any securities including the bonds mentioned on this page before making any investment decision. Tap Bonds shall not be liable for any losses incurred by you based on an investment decision utilising the information.
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