Akara Capital Advisors Private Limited

About Akara Capital Advisors Private Limited bond with ISIN: INE08XP07142

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 INE08XP07142, represents a significant financial instrument. Issued by AKARA CAPITAL ADVISORS PRIVATE LIMITED, it comes with the following description: "11.50% SECURED RATED LISTED REDEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 31/10/2024". 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 11.5, 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 30. It was allotted on 6/23/2023 and is scheduled for redemption on 10/31/2024. 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_10-08-2023, ICRA LIMITED_04-07-2023. 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 INE08XP07100 having a coupon rate of 14%. 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.