Yield to Maturity (YTM)YTM defines the annual return a bond offers if held to maturity. It assumes all payouts received get reinvested at the same rate until maturity.
YTM is XIRR of bonds.
Principal is returned in structured instalments
The Principal is returned in structured instalments for this Bond, so you receive a portion of your invested amount back regularly.
As principal is returned, interest is earned on the outstanding principal.
Bond details
Minimum investment₹3,084.08
Date of maturity28 Oct 2026
ISININE08XP07381
Bond typeSenior Secured
Rating
BBB
What does rating mean?
Rating
The rating of an issuer company reflects its past growth and performance. The rating increases when the company consistently performs well and decreases when it is not performing well.
Categories
Low risk:
AAA, AA+, AA, AA-, A+, A, A-
Moderate risk
BBB+, BBB, BBB-, BB+, BB
High risk
BB-, B+, B, B-, C, D
The rating agency for this Bond is ICRA Limited.
Calculate your returns
You invest₹00 unit
You get₹0
Interest +₹0
Payout Schedule
Maturing on 28 Oct '26 • Monthly payout
About
Akara Capital Advisors Private Limited is a Delhi-based, non-deposit-taking Non-Banking Financial Company (NBFC) that has been registered with the RBI since 2016. The company specializes in providing unsecured, short-term personal loans to salaried individuals via its web and mobile technology platforms.;
Pros and Cons
Pros
Cons
The company maintains a healthy capital base for its current scale, with a consolidated net worth of Rs. 717 crore and a managed gearing of 1.6x as of March 31, 2025.
ACAPL benefits from regular capital infusions from its parent, MTPL, which has infused Rs. 438 crore over the past five years.
The risk is spread across a large customer base of 2.6 million individuals, with a relatively small average ticket size of Rs. 70,000.
The company has a positive asset-liability maturity (ALM) profile, with expected inflows from advances (Rs. 1,240 crore) over the next year comfortably covering debt repayments (Rs. 636 crore).
After reporting losses until FY2023, the Group has achieved profitability, posting a consolidated net profit of Rs. 27 crore in FY2024 and Rs. 25 crore in FY2025.
Other details
Clean price₹3,080.45
Dirty price₹3,084.08
Current yield14.33%
Security cover1.20X of POS
Issue size1.00Cr
Original bond tenure12 months
TrusteeBeacon Trusteeship Ltd
Mode of issueNCD
Listed onNSE
Listing date30 Sep 2025
Coupon rate14.35%
Other details
Clean priceThe bond's original price without earned interest on it.
Dirty priceThe total price you pay - bond price plus accrued interest.
Security coverThe value of assets pledged by the issuer as backup, shown as a multiple of the outstanding loan amount.
Issue sizeThe total amount of money the company is raising through this bond issue.
Original bond tenureThe total duration of the bond from issue date to maturity date.
TrusteeAn independent entity appointed to protect bondholders' interests and monitor the issuer.
Mode of issueHow the bond is offered to investors (e.g., public issue open to all investors).
Listed onStock exchanges where the bond can be bought and sold after issuance.
Listing dateThe date from which the bond became available for trading on the stock exchange.
Maturity dateThe date when the company repays the bond's principal amount.
Coupon rateThe fixed annual interest rate paid to investors on the bond's face value.
Current yieldThe annual interest you earn divided by the bond's current market price.