Description

BSE announces listing of 7,500 commercial papers worth Rs. 5 lakh each issued by Kotak Mahindra Prime Limited on private placement basis, maturing on October 7, 2026.

Summary

BSE has listed and admitted to trading new commercial papers issued by Kotak Mahindra Prime Limited on private placement basis effective November 21, 2025. The issue consists of 7,500 commercial papers with a face value of Rs. 5,00,000 each, issued at Rs. 4,72,103 and maturing on October 7, 2026. The securities carry CRISIL A1+ and ICRA A1+ credit ratings.

Key Points

  • Quantity: 7,500 commercial papers
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,72,103 per unit
  • Market Lot: 1
  • Scrip Code: 730616
  • Scrip ID: KMPL211125
  • ISIN: INE916D146C9
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Trading only in dematerialized form
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE916D146C9
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trades must follow the tick size of 1 paise
  • Members requiring clarification should contact the debt department on specified phone numbers: 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: November 21, 2025
  • Date of Allotment: November 21, 2025
  • Listing Effective Date: November 21, 2025
  • Redemption Date: October 7, 2026

Impact Assessment

Low market impact. This is a routine commercial paper listing in the debt segment with no effect on equity markets. The listing provides short-term debt instruments for institutional investors and adds liquidity to the debt market. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness of the issuer, making these instruments suitable for conservative debt portfolios.

Impact Justification

Routine commercial paper listing notification with standard trading parameters, affecting only debt segment participants