Description

New debt securities of Kotak Mahindra Prime Limited listed on BSE Debt segment with 7.05% interest rate maturing in 2028.

Summary

Kotak Mahindra Prime Limited has listed new debt securities worth ₹400 crore on BSE’s Debt segment effective July 31, 2025. The securities were issued on private placement basis with a 7.05% annual interest rate and mature on April 10, 2028.

Key Points

  • Quantity: 40,000 securities of ₹1,00,000 face value each
  • Scrip Code: 976912, Scrip ID: 705KMPL28
  • ISIN: INE916DA7TB2 (further listing under same ISIN)
  • Issue Price: ₹1,00,469.54 per security
  • Credit Rating: CRISIL AAA/Stable
  • Date of Allotment: July 30, 2025

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Securities will trade only in dematerialized form
  • Tick size is 1 paise
  • Trading members can refer to Placement Memorandum for additional details
  • Contact debt department for clarifications: 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: July 31, 2025
  • Interest Payment: Annually from April 10, 2026 to April 10, 2028
  • Redemption Date: April 10, 2028

Impact Assessment

Minimal market impact as this is a routine corporate debt listing. The securities provide institutional investors with a AAA-rated investment option with competitive 7.05% returns. No impact on equity markets or broader trading operations.

Impact Justification

Routine debt security listing with no market-wide implications