Description

BSE announces listing of Commercial Paper worth Rs. 250 crore issued by Kotak Mahindra Prime Limited on private placement basis, effective October 9, 2025.

Summary

BSE has listed new Commercial Paper issued by Kotak Mahindra Prime Limited on private placement basis with effect from October 9, 2025. The instrument comprises 5,000 units with face value of Rs. 5,00,000 each, totaling Rs. 250 crore, maturing on October 15, 2025.

Key Points

  • Issuer: Kotak Mahindra Prime Limited
  • Instrument Type: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 250 crore (5,000 units × Rs. 5 lakhs)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,99,396.50 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730357
  • Scrip ID: KMPL071025
  • Detail Name: KMPL-15-10-25-CP
  • ISIN: INE916D145V1 (Further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd
  • Trading Mode: Dematerialised form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes. This is a standard listing notification for debt instruments.

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE916D145V1
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be observed for all trades
  • For clarifications, trading members may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: October 8, 2025
  • Listing Date: October 9, 2025
  • Redemption Date: October 15, 2025
  • Notice Date: October 9, 2025

Impact Assessment

Market Impact: Minimal. This is a routine short-term commercial paper listing with 7-day maturity period. The instrument is rated A1+ by both CRISIL and ICRA, indicating highest safety for short-term debt.

Operational Impact: Standard debt market operations continue. Trading members have access to highly-rated short-term debt instrument from Kotak Mahindra Prime Limited for portfolio diversification and liquidity management.

Investor Impact: Provides institutional and qualified investors access to top-rated commercial paper from Kotak Mahindra Prime Limited through BSE Debt segment.

Impact Justification

Routine commercial paper listing with 7-day maturity. Limited market impact as this is standard short-term debt instrument listing on private placement basis.