Description
Kotak Mahindra Prime Limited's new debt securities worth Rs. 30 crore listed on BSE Debt segment with 7.299% interest rate, maturing on September 22, 2028.
Summary
BSE has listed new debt securities issued by Kotak Mahindra Prime Limited on private placement basis with effect from October 6, 2025. The securities comprise 30,000 units with a face value of Rs. 1,00,000 each, carrying an interest rate of 7.299% per annum and maturing on September 22, 2028.
Key Points
- Quantity: 30,000 units with market lot of 1
- Face Value: Rs. 1,00,000 per unit
- Issue Price: Rs. 1,00,557.3507
- Scrip Code: 977118
- Scrip ID: 7299KMPL28
- ISIN: INE916DA7TD8 (further listings under same ISIN)
- Credit Rating: CRISIL AAA/STABLE, ICRA AAA/STABLE
- Interest Rate: 7.299% per annum (paid annually)
- Tick size: 1 paise
- Trading: Dematerialized form only
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE916DA7TD8
- Members should refer to the Placement Memorandum available on BSE website for complete details
- For clarifications, contact BSE debt department at 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: October 3, 2025
- Listing Date: October 6, 2025
- Redemption Date: September 22, 2028
- Interest Payment: Annually
Impact Assessment
This is a routine debt security listing with minimal market impact. The listing provides institutional investors access to high-rated (AAA) debt instruments from Kotak Mahindra Prime Limited. The securities carry no put/call options and are available only for demat trading on BSE’s debt segment.
Impact Justification
Routine debt security listing with no impact on equity trading or broader market operations