Description
BSE announces listing of 5000 commercial paper securities of Kotak Mahindra Prime Limited worth Rs. 5 lakhs each on private placement basis, with redemption date of October 15, 2025.
Summary
BSE has listed new Commercial Paper securities issued by Kotak Mahindra Prime Limited on a private placement basis. The listing consists of 5000 securities with a face value of Rs. 5,00,000 each, listed on the BSE Debt segment effective October 8, 2025. The securities have a maturity period of 7 days with redemption scheduled for October 15, 2025.
Key Points
- 5000 Commercial Paper securities listed on BSE Debt segment
- Face value and paid-up value: Rs. 5,00,000 per security
- Issue price: Rs. 4,99,396.50 per security
- Market lot: 1 security
- Scrip Code: 730357
- Scrip ID: KMPL071025
- ISIN: INE916D145V1 (further listing under same ISIN)
- Credit Rating: CRISIL A1+, ICRA A1+
- Issuing and Paying Agent: Kotak Mahindra Bank Ltd
- Trading only in dematerialized form
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE916D145V1
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities must be traded on BSE Debt segment with the specified tick size of 1 paise
Important Dates
- Listing Date: October 8, 2025
- Allotment Date: October 8, 2025
- Redemption Date: October 15, 2025
Impact Assessment
Market Impact: Minimal. This is a routine short-term debt instrument listing with a 7-day maturity period. The commercial paper provides short-term liquidity options for institutional investors.
Operational Impact: Limited to trading members dealing in debt securities. Standard debt trading procedures apply with dematerialized trading requirements.
Investor Impact: Relevant only for debt market participants and institutional investors interested in highly-rated (A1+) short-term instruments from Kotak Mahindra Prime Limited.
Impact Justification
Routine listing of short-term commercial paper with 7-day maturity, affecting only debt market participants trading in Kotak Mahindra Prime securities