Description

BSE announces listing of 5000 Commercial Papers issued by Kotak Mahindra Prime Limited on private placement basis with face value of Rs. 5 lakh each, maturing on October 15, 2025.

Summary

BSE has listed new Commercial Paper securities issued by Kotak Mahindra Prime Limited on private placement basis. The listing comprises 5000 units with face value of Rs. 5,00,000 each, totaling Rs. 250 crores. The securities are admitted to dealings on the BSE Debt segment effective October 9, 2025, with a maturity date of October 15, 2025.

Key Points

  • Issuer: Kotak Mahindra Prime Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 5000 units
  • 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
  • ISIN: INE916D145V1 (Further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE916D145V1
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be settled through the designated Issuing and Paying Agent (Kotak Mahindra Bank Ltd)
  • Trading members requiring clarifications should 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
  • Tenor: 7 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing with a 7-day maturity period. Commercial paper listings are regular occurrences in the debt market and do not significantly affect broader market dynamics.

Investor Impact: Relevant only for institutional investors and high-net-worth individuals participating in the debt market. The high minimum denomination (Rs. 5 lakhs) limits retail participation.

Operational Impact: Standard operational procedures apply. Trading members have clear guidelines for trading denomination, tick size, and settlement processes.

Impact Justification

Routine commercial paper listing with 7-day maturity period. Standard debt market operation with limited market-wide impact.