Description

BSE announces listing of Rs. 100 crore Commercial Paper issued by Kotak Mahindra Investments Limited on private placement basis, effective October 20, 2025.

Summary

BSE has listed and admitted new Commercial Paper securities issued by Kotak Mahindra Investments Limited on private placement basis with effect from October 20, 2025. The issuance consists of 2,000 units with a total value of Rs. 100 crore (Rs. 5,00,000 per unit) with a maturity date of September 14, 2026.

Key Points

  • Issuer: Kotak Mahindra Investments Limited
  • Securities Type: Commercial Paper on private placement basis
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,70,723.50 per unit
  • Total Quantity: 2,000 units (Rs. 100 crore total)
  • Scrip Code: 730424
  • Scrip ID: KMIL201025
  • ISIN: INE975F14C25
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited

Regulatory Changes

No regulatory changes announced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE975F14C25
  • Trading shall take place in standard denomination of Rs. 5 Lakhs and multiples thereof
  • Tick size for the securities is 1 paise
  • Securities will trade on BSE Debt segment

Important Dates

  • Allotment Date: October 20, 2025
  • Listing Date: October 20, 2025
  • Redemption Date: September 14, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides short-term debt market participants with an additional highly-rated investment instrument (A1+ rating from both CRISIL and ICRA). The Rs. 100 crore issuance size is moderate and the 11-month tenor is typical for commercial paper. Only debt segment trading members and institutional investors in short-term debt instruments will be directly affected.

Impact Justification

Routine commercial paper listing with no market-wide implications. Affects only debt segment participants interested in Kotak Mahindra Investments Limited instruments.