Description

BSE announces listing of three series of debt securities issued by Kotak Mahindra Prime Limited on private placement basis, with face value of Rs. 100,000 each and maturities ranging from 2028.

Summary

BSE has listed three series of debt securities issued by Kotak Mahindra Prime Limited on private placement basis, effective November 13, 2025. The securities are rated CRISIL AAA/STABLE and ICRA AAA/STABLE, with face values of Rs. 100,000 each and interest rates ranging from 7.09% to 9.07% per annum.

Key Points

  • Three debt security series listed on BSE Debt segment
  • Total issuance: 89,500 securities across three series (70,000 + 10,000 + 9,500 units)
  • All securities have face value of Rs. 100,000 and market lot of 1
  • Interest payment frequency: Annually for all series
  • All securities will be traded only in dematerialized form
  • Tick size: 1 paise
  • Credit ratings: CRISIL AAA/STABLE and ICRA AAA/STABLE for all series

Security Details

Series 1: KMPL-9.07%-21-08-28-PVT

  • Scrip Code: 977290
  • ISIN: INE916DA7TG1
  • Quantity: 70,000 units
  • Issue Price: Rs. 100,004.6071
  • Interest Rate: 7.09% p.a. (Note: Listed as 7.09% in Rate of Interest field)
  • Allotment Date: November 12, 2025
  • Redemption Date: August 21, 2028
  • Put/Call Option: NA

Series 2: KMPL-7.288%-24-10-28-PVT

  • Scrip Code: 977119
  • ISIN: INE916DA7TE6 (Further Listings under same ISIN)
  • Quantity: 10,000 units
  • Issue Price: Rs. 100,835.4753
  • Interest Rate: 7.288% p.a.
  • Allotment Date: September 15, 2025
  • Redemption Date: October 24, 2028
  • Put/Call Option: NA

Series 3: KMPL-7.83%-13-7-28-PVT

  • Scrip Code: 974974
  • ISIN: INE916DA7SJ7 (Further Listings under same ISIN)
  • Quantity: 9,500 units
  • Issue Price: Rs. 104,258.9507
  • Interest Rate: 7.83% p.a.
  • Allotment Date: February 11, 2025
  • Redemption Date: July 13, 2028
  • Put/Call Option: NA

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

  • Trading members must note that securities will be traded only in dematerialized form under the specified ISIN numbers
  • Trading members should refer to the Placement Memorandum available at: https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • For clarifications, trading members may contact the debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: November 13, 2025 (effective today)
  • Allotment Dates:
    • Series 1: November 12, 2025
    • Series 2: September 15, 2025
    • Series 3: February 11, 2025
  • Redemption Dates:
    • Series 1: August 21, 2028
    • Series 2: October 24, 2028
    • Series 3: July 13, 2028

Impact Assessment

This is a routine listing notification for debt securities issued on private placement basis. The impact is limited to the debt market segment and does not affect equity trading or broader market operations. The high credit ratings (AAA/STABLE) indicate strong creditworthiness of the issuer. The securities provide institutional and qualified investors access to fixed-income instruments with tenures of approximately 2.5 to 3 years.

Impact Justification

Routine listing notification for debt securities on private placement basis with no impact on equity markets or trading operations