Description

BSE lists Rs. 200 crore commercial paper issued by Kotak Mahindra Prime Limited with 7-day maturity period.

Summary

BSE has listed new commercial paper worth Rs. 200 crore issued by Kotak Mahindra Prime Limited on private placement basis. The instruments have a face value of Rs. 5 lakh each with 4,000 units listed under scrip code 727700.

Key Points

  • Securities: Commercial Paper of Rs. 5,00,000 face value each
  • Total quantity: 4,000 units (Rs. 200 crore total)
  • Scrip Code: 727700, Scrip ID: KMPL23824
  • ISIN: INE916D143S2 (further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issue price: Rs. 499,420.50 per unit
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples thereof
  • Issuing and Paying agent: Kotak Mahindra Bank Limited

Important Dates

  • Listing date: July 31, 2025
  • Allotment date: July 31, 2025
  • Redemption date: August 7, 2025
  • Maturity period: 7 days

Impact Assessment

Minimal market impact as this is a routine short-term commercial paper listing with 7-day maturity. The instrument provides short-term funding for Kotak Mahindra Prime Limited and offers investment opportunity for institutional investors seeking very short-term debt instruments.

Impact Justification

Routine commercial paper listing with short 7-day tenure, minimal market impact