AKARA CAPITAL ADVISORS PRIVATE LIMITED

About the issuer

Akara Capital Advisors Private Limited is a Delhi-based non-deposit taking Non-Banking Financial Company (NBFC) established in 2016. The company specializes in providing unsecured short-term personal loans to salaried individuals through its technology platform, Stashfin. As of March 31, 2024, Akara Capital 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. Akara Capital is registered with the Reserve Bank of India and has an authorized share capital of ₹400 crore, with a paid-up capital of ₹318.54 crore.