
AKARA CAPITAL ADVISORS PRIVATE LIMITED
ISIN: INE08XP07423
About The Issuer
Akara Capital Advisors Private Limited (ACAPL) is a Delhi-based non-deposit taking Non-Banking Financial Company (NBFC) incorporated in 2016 and registered with the Reserve Bank of India. The company specializes in providing unsecured short-term personal loans to salaried individuals through its proprietary technology platform, StashFin. As of March 31, 2024, ACAPL reported a consolidated net worth of ₹637 crore, with assets under management (AUM) of ₹1,839 crore. The company achieved a profit after tax (PAT) of ₹27 crore in FY2024, marking its first profitable year since inception. The capital adequacy ratio stood at 43.3%, reflecting a robust capital position. ACAPL's Senior Secured Bonds have been assigned a credit rating of [ICRA]BBB (Stable), indicating moderate credit risk.