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This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 23 Sept 2026. The details below are kept as a record of the issue. Compare bonds available now →

Akara

No longer listed INE08XP07308 Corporate BBB Matures Oct 2026 Monthly payout On Grip Invest

Akara is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 11%.

Data as of 23 Sept 2026

Yield to Maturity (YTM)
11%
Annualised return if held to maturity · 30 Oct 2026
+7.7% vs bank FD
Coupon Rate
9.85%
Paid periodically
Maturity
30 Oct 2026
Principal returned
Tenure
0 mo
Remaining
Min. Invest
₹10K
Min. ticket
Return
₹106
Est. pre-tax

How this yield compares

This bondAkara
11%
Category avgCorporate
10.5%
Fixed Deposit0 mo tenure
3.30%

At 11% YTM, this bond yields about 7.7 percentage points more than a tenure-matched fixed deposit (3.30%) and sits above the Corporate average - reflecting the credit profile of a BBB issuer.

About this bond

Akara is a corporate bond issued by a company to raise debt from investors, currently offering a yield to maturity (YTM) of 11%. It pays a coupon of 9.85% and matures on 30 Oct 2026, a remaining tenure of about 0 mo. It is rated BBB, a moderate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹10K.

Its 11% yield is well above the market average, ranking 107th of 319 Corporate bonds we list. That is 0.50 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (3.30%), it pays roughly 7.70 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 0 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.

Investors comparing this bond often also look at REGENCY FINCORP (INE964R07168) at 14.4%, Best Capital Services (INE04UP07196) at 14% and Dvara Kshetriya (INE179P08066) at 13.85%.

About Akara

Akara Capital Advisors Private Limited is a Delhi based non-deposit taking NBFC registered with the Reserve Bank of India since 2016, with lending operations started in 2017. It provides unsecured short-term personal loans to salaried individuals through web and mobile platforms under the Stashfin brand, whose technology platform is operated by group company EQX Analytics Private Limited. Both companies are wholly owned subsidiaries of Morus Technologies Pte Ltd, a Singapore based holding entity backed by investors including Fasanara Capital, Tencent Group, Altara Ventures and Uncorrelated Ventures. The company was started by Tushar Aggarwal and Shruti Aggarwal. Assets under management stood at Rs 1,727 crore as on 31 March 2025 and grew to Rs 2,638 crore by 31 December 2025 after a shift towards higher ticket, longer tenure loans. CARE Ratings reaffirmed its CARE BBB rating with Stable outlook on the company's non-convertible debentures in April 2026, citing adequate capitalisation alongside weak asset quality metrics and moderated profitability. This bond is issued under the legal name Akara Capital Advisors Private Limited.

AUMRs 1,727 crore
Gross NPA4.55%
Capital adequacy31.09%
Net profitRs 85 crore

Figures as of FY25 (31 Mar 2025). Rated by CARE. Source: rating rationale.

Bond details

IssuerAkara
Credit RatingBBB
CategoryCorporate
Coupon Rate9.85%
Yield to Maturity11%
Maturity Date30 Oct 2026
Listed onGripInvest
Minimum Investment₹10K
Return₹106
ISININE08XP07308

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 11% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 0 mo.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 11.00% ₹1,00,284
5% slab 10.45% ₹1,00,270
20% slab 8.80% ₹1,00,229
30% slab 7.70% ₹1,00,202

At a 9.85% coupon, ₹1,00,000 of face value pays about ₹9,850 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.

Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.

Against a fixed deposit, in rupees

Same ₹1,00,000, same 0.0 years, one in this bond and one in a tenure-matched SBI fixed deposit at 3.30%.

This bond at 11%₹1,00,284
Fixed deposit at 3.30%₹1,00,089
Difference+₹194

Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the BBB credit risk is the reason for the gap.