Announced Tue, 14 Jul · 11:55 IST
Akme Fintrade allots 25 Crore NCDs at 11.5% coupon via private placement
Fund Raising View source PDF
AFIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹9.50
prior close
₹9.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+0.0——-2.3+0.0-2.1+1.9+2.4-2.6————
Up moveDown movePending
AI summary
Akme Fintrade (India) board on July 14, 2026 allotted 25,000 secured, listed, rated, redeemable NCDs of Rs 10,000 each, aggregating to Rs 25 Crore, on private placement basis. Coupon is 11.50% per annum, payable monthly, with principal redeemed at maturity in 24 months (July 14, 2028). NCDs will be listed on NSE and are secured by 1.10 times cover over eligible loan receivables. Default penalty is additional 2% interest.
Likely market impact
Rs 25 Crore raised at 11.50% for 2 years will grow the lending book but raise interest costs and may pressure near-term margins for this small NBFC.