Description

BSE announces listing of Commercial Paper worth Rs. 200 Crores issued by Kotak Mahindra Investments Limited with redemption on 17th October 2025.

Summary

BSE has listed new Commercial Paper issued by Kotak Mahindra Investments Limited on private placement basis. The instrument consists of 4,000 units with a face value of Rs. 5,00,000 each (total Rs. 200 Crores) and carries CRISIL A1+ and ICRA A1+ credit ratings. The commercial paper has been allotted on 9th October 2025 and will mature on 17th October 2025, with an 8-day tenure.

Key Points

  • Securities: Commercial Paper issued on private placement basis
  • Quantity: 4,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Total Issue Size: Rs. 200 Crores
  • Issue Price: Rs. 4,99,305 per unit
  • Scrip Code: 730328
  • Scrip ID: KMIL290925
  • ISIN: INE975F14C09 (further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE975F14C09
  • Trading shall take place in standard denomination of Rs. 5 Lakhs and multiples thereof
  • Settlements must be conducted through the specified ISIN
  • Trading members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: 9th October 2025
  • Allotment Date: 9th October 2025
  • Listing Date: 9th October 2025
  • Redemption Date: 17th October 2025
  • Tenure: 8 days

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The short 8-day maturity period indicates this is a working capital financing instrument. The highest credit ratings (CRISIL A1+ and ICRA A1+) reflect strong creditworthiness of Kotak Mahindra Investments Limited. The private placement nature and institutional denomination (Rs. 5 Lakhs minimum) limit participation to qualified institutional buyers and high-net-worth investors. No significant impact on retail investors or broader market operations expected.

Impact Justification

Routine commercial paper listing with 8-day maturity period on private placement basis, minimal market-wide impact