Description

BSE lists new commercial paper securities from Kotak Mahindra Prime Limited with redemption dates in August 2025 and July 2026.

Summary

BSE has listed new commercial paper securities issued by Kotak Mahindra Prime Limited on a private placement basis. Two series of commercial papers with face value of Rs. 5 lakh each have been admitted for trading on the BSE Debt segment effective August 21, 2025.

Key Points

  • Two series of commercial papers listed with total quantity of 14,000 units
  • First series: 10,000 units with redemption on August 28, 2025 (7-day tenure)
  • Second series: 4,000 units with redemption on July 6, 2026 (320-day tenure)
  • Both series carry CRISIL A1+ and ICRA A1+ credit ratings
  • Face value of Rs. 5,00,000 per unit for both series
  • Trading only in dematerialized form

Securities Details

Series 1 (KMPL21825):

  • Scrip Code: 730062
  • ISIN: INE916D145N8
  • Issue Price: Rs. 4,99,411
  • Redemption: August 28, 2025

Series 2 (KMPL21825A):

  • Scrip Code: 730063
  • ISIN: INE916D145O6
  • Issue Price: Rs. 4,72,419.50
  • Redemption: July 6, 2026

Trading Requirements

  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size: 1 paise
  • Market lot: 1 unit
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd

Important Dates

  • Allotment Date: August 21, 2025
  • Trading Commencement: August 21, 2025
  • First Series Redemption: August 28, 2025
  • Second Series Redemption: July 6, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The securities provide short-term and medium-term debt investment options for institutional investors in the debt segment.

Impact Justification

Routine commercial paper listing with no significant market impact