Description

BSE announces listing of two new debt securities issued by Kotak Mahindra Prime Limited on private placement basis, effective October 15, 2025.

Summary

BSE has listed two new debt securities issued by Kotak Mahindra Prime Limited on private placement basis, effective October 15, 2025. The first security (ISIN: INE916DA7TF3) has a face value of Rs. 1,00,000 with 7.2640% p.a. interest rate maturing on October 14, 2030. The second security (ISIN: INE916DA7TA4) is a further listing with face value of Rs. 1,00,000 and 7.1554% p.a. interest rate maturing on June 19, 2028. Both securities carry AAA credit ratings.

Key Points

  • Two debt securities of Kotak Mahindra Prime Limited listed on BSE Debt segment
  • First security: 40,000 units with scrip code 977209, maturing October 14, 2030
  • Second security: 20,000 units with scrip code 976816, maturing June 19, 2028
  • Both securities rated CRISIL AAA/Stable and ICRA AAA/Stable
  • Trading only in dematerialized form with tick size of 1 paise
  • Market lot size is 1 unit for both securities

Security Details

Security 1 (KMPL-7.2640%-14-10-30-PVT):

  • Scrip Code: 977209
  • ISIN: INE916DA7TF3
  • Quantity: 40,000 units
  • Face Value: Rs. 1,00,000
  • Issue Price: Rs. 1,00,002.25
  • Interest Rate: 7.2640% p.a. (annually)
  • Allotment Date: October 14, 2025
  • Redemption Date: October 14, 2030
  • Credit Rating: CRISIL-AAA/STABLE, ICRA AAA/STABLE

Security 2 (KMPL-7.1554%-19-06-28-PVT):

  • Scrip Code: 976816
  • ISIN: INE916DA7TA4 (Further Listing)
  • Quantity: 20,000 units
  • Face Value: Rs. 1,00,000
  • Issue Price: Rs. 1,02,351.1334
  • Interest Rate: 7.1554% p.a. (annually)
  • Allotment Date: October 14, 2025
  • Redemption Date: June 19, 2028
  • Credit Rating: CRISIL AAA/stable

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Securities must be traded only in dematerialized form under specified ISIN numbers
  • Trading members must use tick size of 1 paise for these securities
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915
  • Placement Memorandum available at BSE website for detailed information

Important Dates

  • Allotment Date: October 14, 2025 (both securities)
  • Listing Date: October 15, 2025
  • Interest Payment Dates (Security 1): Annually from October 14, 2026 to October 14, 2030
  • Interest Payment Dates (Security 2): Annually from June 19, 2026 to June 19, 2028
  • Redemption Date (Security 1): October 14, 2030
  • Redemption Date (Security 2): June 19, 2028

Impact Assessment

This is a routine debt security listing with minimal market impact. The listing provides institutional investors access to AAA-rated debt instruments from Kotak Mahindra Prime Limited. The securities offer competitive interest rates (7.2640% and 7.1554% p.a.) for medium to long-term investment horizons. No put/call options are available on either security. Impact is limited to debt market participants and does not affect equity markets or retail investors.

Impact Justification

Routine debt security listing notification for institutional investors with no market-wide impact