Description

BSE lists 4000 commercial papers of Kotak Mahindra Prime Limited worth Rs. 5 lakhs each, issued on private placement basis with redemption date of December 12, 2025.

Summary

BSE has listed new commercial paper securities issued by Kotak Mahindra Prime Limited on private placement basis. The listing consists of 4000 commercial papers with face value of Rs. 5,00,000 each, allotted on December 3, 2025, with redemption scheduled for December 12, 2025. The securities carry CRISIL A1+ and ICRA A1+ credit ratings and will trade in dematerialized form only.

Key Points

  • Total quantity: 4000 commercial papers
  • Face value: Rs. 5,00,000 per unit
  • Issue price: Rs. 4,99,224.50 per unit
  • Scrip Code: 730689
  • Scrip ID: KMPL31225
  • ISIN: INE916D146D7
  • Credit rating: CRISIL A1+, ICRA A1+
  • Market lot: 1 unit
  • Issuing and paying agent: Kotak Mahindra Bank Ltd
  • Trading allowed only in dematerialized form
  • 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 debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE916D146D7
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size compliance of 1 paise must be maintained
  • Securities admitted to dealings on BSE Debt segment effective December 3, 2025

Important Dates

  • Allotment date: December 3, 2025
  • Listing date: December 3, 2025
  • Redemption date: December 12, 2025

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The short maturity period of 9 days indicates these are short-term financing instruments. Impact is limited to debt market participants and institutional investors dealing in commercial papers. The high credit ratings (A1+) from both CRISIL and ICRA indicate strong creditworthiness of the issuer. No significant operational or compliance changes for market participants beyond standard debt trading protocols.

Impact Justification

Routine commercial paper listing with 9-day maturity period affecting debt market participants only