Description

BSE lists new commercial paper worth Rs. 300 crores issued by Kotak Mahindra Prime Limited on private placement basis.

Summary

BSE has listed new commercial paper securities issued by Kotak Mahindra Prime Limited worth Rs. 300 crores (6000 units of Rs. 5 lakh each) on private placement basis. The securities will trade on BSE Debt segment with effect from August 26, 2025.

Key Points

  • Commercial paper of Rs. 5,00,000/- denomination each
  • Total quantity: 6000 units (Rs. 300 crores)
  • Scrip Code: 730088, Scrip ID: KMPL26825
  • ISIN: INE916D145P3
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issue Price: Rs. 471,604.00 per unit

Regulatory Changes

No regulatory changes introduced. Standard commercial paper listing procedure.

Compliance Requirements

  • Securities will trade only in dematerialized form
  • Trading in standard denomination of Rs. 5 lakhs and multiples
  • Tick size: 1 paise
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd

Important Dates

  • Listing Date: August 26, 2025
  • Allotment Date: August 26, 2025
  • Redemption Date: July 21, 2026
  • Tenure: Approximately 11 months

Impact Assessment

Minimal market impact as this is a routine debt instrument listing. Provides additional short-term funding avenue for Kotak Mahindra Prime Limited and investment option for institutional investors in the debt segment.

Impact Justification

Routine commercial paper listing with no broader market impact