This bond is no longer available. It has matured, sold out, or been delisted from the platforms we track, last seen on 18 Oct 2026. The details below are kept as a record of the issue. Compare bonds available now →
Akara
Akara is a corporate bond issued by a company to raise debt from investors, was last listed at a yield to maturity (YTM) of 12%.
Data as of 18 Oct 2026
How this yield compares
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 12%. It pays a coupon of 12% and matures on 21 May 2027, a remaining tenure of about 7 mo. It is rated BBB, a moderate credit-safety grade. GripInvest lists this bond with a minimum investment of ₹10K.
Its 12% yield is well above the market average, placing it 53rd of the 319 Corporate bonds on RightBonds - firmly in the top tier. That is 1.50 percentage points above the Corporate median of 10.50% - a clear yield premium over the typical peer. Against a tenure-matched SBI fixed deposit (6.15%), it pays roughly 5.85 points more - a large gap that only makes sense once you are comfortable with the issuer's credit. Its short 7 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its moderate safety (BBB) rating, that is a higher-yield, higher-risk profile. 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.
Bond details
What you keep after tax
Interest on a listed corporate bond is added to your income and taxed at your slab, so the 12% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 7 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 12.00% | ₹1,06,829 |
| 5% slab | 11.40% | ₹1,06,495 |
| 20% slab | 9.60% | ₹1,05,489 |
| 30% slab | 8.40% | ₹1,04,814 |
At a 12% coupon, ₹1,00,000 of face value pays about ₹12,000 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,200 a year is withheld as TDS - adjustable against your final liability, not an extra tax.
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 0.6 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.15%.
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.
