Description

BSE announces listing of three new Commercial Paper issuances by Kotak Mahindra Prime Limited on private placement basis, with redemption dates ranging from November 2025 to August 2026.

Summary

BSE has listed three new Commercial Paper (CP) issuances by Kotak Mahindra Prime Limited on the debt segment effective November 4, 2025. The securities, issued on private placement basis with face value of Rs. 5,00,000 each, carry CRISIL A1+ and ICRA A1+ credit ratings. Total issuance size is Rs. 525 crore across the three tranches with varying maturity periods.

Key Points

  • Three Commercial Paper issuances listed on BSE Debt segment effective November 4, 2025
  • All securities issued on private placement basis with face value of Rs. 5,00,000 per unit
  • Credit Rating: CRISIL A1+ and ICRA A1+ for all three issuances
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd
  • Trading only in dematerialized form with standard denomination of Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Issuance Details

Issuance 1 (KMPL041125):

  • Scrip Code: 730493
  • ISIN: INE916D146A3
  • Quantity: 2,500 units (Rs. 125 crore)
  • Issue Price: Rs. 499,305.00
  • Allotment Date: November 4, 2025
  • Redemption Date: November 12, 2025
  • Tenor: 8 days

Issuance 2 (KMP041125A):

  • Scrip Code: 730494
  • ISIN: INE916D146B1
  • Quantity: 4,000 units (Rs. 200 crore)
  • Issue Price: Rs. 498,898.50
  • Allotment Date: November 4, 2025
  • Redemption Date: November 17, 2025
  • Tenor: 13 days

Issuance 3 (KMP161025):

  • Scrip Code: 730401
  • ISIN: INE916D145X7 (Further listing under same ISIN)
  • Quantity: 4,000 units (Rs. 200 crore)
  • Issue Price: Rs. 475,886.50
  • Allotment Date: November 4, 2025
  • Redemption Date: August 5, 2026
  • Tenor: 274 days

Trading Specifications

  • Market Lot: 1 unit for all three issuances
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Minimum Tick Size: 1 paise

Important Dates

  • Listing Date: November 4, 2025
  • Allotment Date: November 4, 2025
  • Redemption Dates:
    • KMPL041125: November 12, 2025
    • KMP041125A: November 17, 2025
    • KMP161025: August 5, 2026

Impact Assessment

This is a routine listing notification for short-term debt instruments with minimal market impact. The Commercial Papers provide short-term funding for Kotak Mahindra Prime Limited and offer investment opportunities for institutional investors in the debt market. Trading members can contact BSE’s debt department for clarifications.

Impact Justification

Routine listing of short-term debt instruments on private placement basis with no impact on equity markets or regulatory changes