Description

BSE announces listing of new 7.25% debt securities of Kotak Mahindra Prime Limited worth Rs. 500 crores on private placement basis.

Summary

BSE has listed new debt securities of Kotak Mahindra Prime Limited on its debt segment effective August 21, 2025. The securities are issued on private placement basis with a face value of Rs. 1 lakh each and carry an interest rate of 7.25% per annum.

Key Points

  • Securities quantity: 50,000 units (Rs. 500 crores total)
  • Face value: Rs. 100,000 per unit
  • Interest rate: 7.25% per annum
  • Maturity date: August 20, 2030
  • Credit rating: CRISIL AAA/stable, ICRA AAA/STABLE
  • Trading only in dematerialized form
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade securities only in dematerialized form under ISIN INE916DA7TC0
  • Securities will be traded with scrip code 977041 and scrip ID 725KMPL30
  • Refer to placement memorandum for detailed terms

Important Dates

  • Date of allotment: August 20, 2025
  • Trading commencement: August 21, 2025
  • Interest payment dates: Annually from August 20, 2026 to August 20, 2030
  • Maturity date: August 20, 2030

Impact Assessment

Minimal market impact as this is a routine private placement debt listing. The AAA credit rating indicates high-quality debt securities suitable for institutional investors seeking fixed income instruments.

Impact Justification

Routine debt securities listing with no broader market implications