Description

Commercial Paper of Rs. 375 crore (7,500 units of Rs. 5 lakhs each) issued by Kotak Mahindra Prime Limited listed on BSE Debt segment with effect from November 21, 2025.

Summary

BSE has listed new Commercial Paper issued by Kotak Mahindra Prime Limited on private placement basis with effect from November 21, 2025. The issue comprises 7,500 units with a face value of Rs. 5,00,000 each, totaling Rs. 375 crore. The securities are rated CRISIL A1+ and ICRA A1+, with Kotak Mahindra Bank Ltd acting as the Issuing and Paying Agent.

Key Points

  • Securities Description: Commercial Paper issued on private placement basis
  • Quantity: 7,500 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,72,103 per unit
  • Total Issue Size: Rs. 375 crore
  • Scrip Code: 730616
  • Scrip ID: KMPL211125
  • ISIN Number: INE916D146C9
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Trading: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE916D146C9
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members requiring clarification may contact BSE debt department on 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: November 21, 2025
  • Listing Date: November 21, 2025
  • Actual/Deemed Date of Allotment: November 21, 2025
  • Date of Redemption: October 7, 2026
  • Tenure: Approximately 10.5 months

Impact Assessment

This is a routine listing of commercial paper on BSE’s debt segment with minimal market impact. The listing provides additional short-term debt instruments for institutional investors and enhances liquidity in the debt market. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness of the issuer. No impact on equity markets or general trading operations.

Impact Justification

Routine listing of commercial paper on private placement basis with no impact on equity trading or broader market operations