Description

Kotak Mahindra Prime Limited's Commercial Paper worth Rs. 250 crore (5000 units of Rs. 5 lakh each) listed on BSE Debt segment with redemption on October 15, 2025.

Summary

BSE announces the listing of Commercial Paper issued by Kotak Mahindra Prime Limited on private placement basis with effect from October 8, 2025. The issue consists of 5000 units of Rs. 5,00,000 each (total Rs. 250 crore) with maturity on October 15, 2025. The instruments carry CRISIL A1+ and ICRA A1+ credit ratings and will trade in dematerialized form only.

Key Points

  • Issuer: Kotak Mahindra Prime Limited
  • Security Type: Commercial Paper (private placement)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,99,396.50 per unit
  • Total Quantity: 5000 units (Rs. 250 crore total)
  • Market Lot: 1 unit
  • 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

Regulatory Changes

No regulatory changes. This is a routine listing announcement.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading permitted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities admitted to dealings on BSE Debt segment only

Important Dates

  • Allotment Date: October 8, 2025
  • Listing Date: October 8, 2025
  • Redemption Date: October 15, 2025
  • Maturity Period: 7 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term commercial paper listing with a 7-day maturity period. The instrument provides additional liquidity options for debt market participants but has no impact on equity markets or broader market operations.

Operational Impact: Relevant only to BSE Debt segment trading members dealing in Kotak Mahindra Prime Limited instruments. Standard trading protocols apply with dematerialized trading mandatory.

Impact Justification

Routine commercial paper listing with 7-day maturity. Standard operational announcement affecting only debt market participants trading in KMPL instruments.