Description

BSE announces listing of two series of debt securities issued by Kotak Mahindra Prime Limited on private placement basis, totaling 30,500 units with maturity in 2030.

Summary

Kotak Mahindra Prime Limited has listed two new series of debt securities on BSE’s Debt segment effective November 20, 2025. The securities were issued on a private placement basis with allotment date of November 19, 2025. Both series carry AAA ratings from CRISIL and ICRA, mature in 2030, and will trade only in dematerialized form.

Key Points

  • First Series (ISIN: INE916DA7TF3): 25,500 units at 7.2640% p.a., maturing October 14, 2030
  • Second Series (ISIN: INE916DA7TC0): 5,000 units at 7.25% p.a., maturing August 20, 2030
  • Both securities have face value and paid-up value of Rs. 100,000 per unit
  • Market lot size: 1 unit for both series
  • Tick size: 1 paise
  • Credit Rating: CRISIL AAA/Stable and ICRA AAA/Stable for both series
  • Further listings under same ISINs (not initial issuance)

Security Details

Series 1 (Scrip Code: 977209)

  • Quantity: 25,500 units
  • Scrip ID: 7264KMPL30
  • Issue Price: Rs. 100,813.6493
  • Interest Rate: 7.2640% p.a.
  • Interest Payment: Annually from October 14, 2026 to October 14, 2030
  • Redemption Date: October 14, 2030
  • Put/Call Option: Not Available

Series 2 (Scrip Code: 977041)

  • Quantity: 5,000 units
  • Scrip ID: 725KMPL30
  • Issue Price: Rs. 101,821.6342
  • Interest Rate: 7.25% p.a.
  • Interest Payment: Annually from August 20, 2026 to August 20, 2030
  • Redemption Date: August 20, 2030
  • Put/Call Option: Not Available

Compliance Requirements

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

Important Dates

  • Allotment Date: November 19, 2025
  • Listing Date: November 20, 2025
  • First Interest Payment (Series 1): October 14, 2026
  • First Interest Payment (Series 2): August 20, 2026
  • Maturity Date (Series 1): October 14, 2030
  • Maturity Date (Series 2): August 20, 2030

Impact Assessment

This is a routine debt securities listing with limited market impact. The securities are privately placed, targeting institutional investors rather than retail participants. The AAA ratings from both CRISIL and ICRA indicate high credit quality. The interest rates of 7.2640% and 7.25% reflect current market conditions for AAA-rated corporate debt with approximately 5-year maturity. As these are further listings under existing ISINs, they represent additional tranches of previously established debt programs. Market participants in the debt segment can now trade these securities on BSE’s platform.

Impact Justification

Routine debt securities listing for private placement bonds. Limited impact on broader market as these are privately placed institutional securities with minimal retail participation.