Description
BSE lists 1000 commercial papers of Kotak Mahindra Prime Limited worth Rs. 5 lakhs each, issued on private placement basis with redemption date of August 28, 2026.
Summary
BSE has listed new commercial paper securities issued by Kotak Mahindra Prime Limited on private placement basis, effective October 23, 2025. The securities will trade in dematerialized form only on the BSE Debt segment with specific trading parameters.
Key Points
- 1000 commercial papers issued with face value of Rs. 5,00,000 each
- Scrip Code: 730427, Scrip ID: KMPL231025
- ISIN: INE916D145Z2
- Issue price: Rs. 4,72,783 per security
- Credit Rating: CRISIL A1+, ICRA A1+
- Market lot: 1 security
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Kotak Mahindra Bank is the Issuing and Paying agent
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE916D145Z2
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples
- Trading members requiring clarification should contact BSE debt department at specified phone numbers: 22728352/8597/8995/5753/8915
Important Dates
- Allotment Date: October 23, 2025
- Listing Date: October 23, 2025
- Redemption Date: August 28, 2026
Impact Assessment
This is a routine debt market listing with minimal market impact. The listing provides additional short-term debt instruments for institutional investors and trading members dealing in commercial papers. The high credit ratings (A1+) indicate strong creditworthiness. Impact is limited to debt market participants and does not affect equity markets or broader market operations.
Impact Justification
Routine listing of commercial paper on private placement basis affecting only debt market participants dealing with Kotak Mahindra Prime Limited securities