Description

BSE announces listing of new debt securities totaling 30,500 units issued by Kotak Mahindra Prime Limited on private placement basis, effective November 20, 2025.

Summary

BSE has listed and admitted to trading new debt securities issued by Kotak Mahindra Prime Limited on private placement basis effective November 20, 2025. The listing comprises two tranches totaling 30,500 units with AAA credit ratings from CRISIL and ICRA.

Key Points

  • 25,500 units of 7.2640% debentures maturing on October 14, 2030 (Scrip Code: 977209, ISIN: INE916DA7TF3)
  • 5,000 units of 7.25% debentures maturing on August 20, 2030 (Scrip Code: 977041, ISIN: INE916DA7TC0)
  • Both securities allotted on November 19, 2025
  • Face value and paid-up value: Rs. 100,000 per unit
  • Credit rating: CRISIL AAA/STABLE and ICRA AAA/STABLE for both tranches
  • Securities will trade only in dematerialized form
  • Market lot size: 1 unit
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes announced. This is a routine listing notification for debt securities.

Compliance Requirements

  • Trading members must note that securities will trade only in dematerialized form under specified ISIN numbers
  • Members should refer to the Placement Memorandum available at BSE website for complete details
  • For clarifications, trading members may contact BSE debt department on specified phone numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 19, 2025
  • Listing Date: November 20, 2025
  • First Interest Payment (Scrip 977209): October 14, 2026
  • First Interest Payment (Scrip 977041): August 20, 2026
  • Redemption Date (Scrip 977209): October 14, 2030
  • Redemption Date (Scrip 977041): August 20, 2030
  • Interest Payment Frequency: Annually for both securities

Impact Assessment

This is a routine debt securities listing with minimal market impact. The securities are issued on private placement basis to institutional investors and will trade on BSE Debt segment. The AAA credit rating indicates highest safety and credit quality. No put/call options are attached to either security. The listing expands debt market offerings but has no direct impact on equity markets or retail investors.

Impact Justification

Routine debt securities listing announcement for institutional investors on private placement basis with no impact on equity markets or retail investors