Akara Capital Advisors Private Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE08XP07027, with a face value of ₹10,00,000 rs on 16Mar22 to raise 20 crores. The debt instrument is issued with a coupon rate of 14.55% and its interest is paid Semi Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 14.55% SECURED RATED UNLISTED NON CONVERTIBLE DEBENTURE.LETTER OF ALLOTMENT.DATE OF MATURITY 16/03/2024.. This instrument is issued in Private Placement (non-EBP) mode. It has Compounding coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. ICRA LIMITED has given BBB rating to this Debenture on 10May24. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.