Description
BSE announces listing of two series of Commercial Paper issued by Kotak Mahindra Prime Limited on private placement basis, effective October 16, 2025.
Summary
BSE has listed two new series of Commercial Paper issued by Kotak Mahindra Prime Limited on private placement basis, effective October 16, 2025. The securities will trade on the BSE Debt segment in dematerialized form only.
Key Points
- First series: 11,500 units (ISIN: INE916D145Y5, Scrip Code: 730400) maturing on September 7, 2026
- Second series: 2,000 units (ISIN: INE916D145X7, Scrip Code: 730401) maturing on May 8, 2026
- Face value: Rs. 5,00,000 per unit for both series
- Credit Rating: CRISIL A1+, ICRA A1+ for both series
- Issuing and Paying Agent: Kotak Mahindra Bank Ltd
- Trading in standard denomination of Rs. 5 Lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form
- Securities must be traded under the specified ISIN numbers
- Standard denomination of Rs. 5 Lakhs and multiples must be maintained
Important Dates
- Listing Date: October 16, 2025
- Allotment Date (Series 1): October 16, 2025
- Redemption Date (Series 1): September 7, 2026
- Allotment Date (Series 2): October 16, 2025
- Redemption Date (Series 2): May 8, 2026
Impact Assessment
This is a routine debt instrument listing with minimal market impact. The listing provides additional short-term debt investment options for institutional investors and debt segment traders. The high credit ratings (A1+) indicate low credit risk. Impact is limited to debt market participants interested in commercial paper instruments.
Impact Justification
Routine commercial paper listing announcement with no market-wide impact; relevant only to debt segment traders and Kotak Mahindra Prime stakeholders