Description
BSE announces listing of new debt securities worth Rs. 40 crore issued by Kotak Mahindra Prime Limited on private placement basis.
Summary
BSE announces the listing and admission to trading of new debt securities issued by Kotak Mahindra Prime Limited on private placement basis, effective July 31, 2025. The securities have a face value of Rs. 1 lakh each with a total quantity of 40,000 units.
Key Points
- New debt securities of Kotak Mahindra Prime Limited listed on BSE Debt segment
- Quantity: 40,000 securities with face value of Rs. 1,00,000 each
- Issue price: Rs. 1,00,469.54 per security
- Interest rate: 7.05% per annum
- Credit rating: CRISIL AAA/Stable
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE916DA7TB2
- Securities will be traded with tick size of 1 paise
- Trading members can refer to Placement Memorandum for further details
Important Dates
- Date of allotment: July 30, 2025
- Listing effective date: July 31, 2025
- Interest payment dates: Annually from April 10, 2026 to April 10, 2028
- Redemption date: April 10, 2028
Impact Assessment
Minimal market impact as this is a routine debt security listing on private placement basis. The securities are rated AAA/Stable by CRISIL, indicating high credit quality. This adds to the available debt instruments for institutional investors but does not affect equity markets or retail investors significantly.
Impact Justification
Routine debt security listing with no significant market impact