Description

BSE announces the listing of new Commercial Paper issued by Kotak Mahindra Investments Limited worth Rs. 1,000 Crores with 7-day maturity on private placement basis.

Summary

BSE has listed new Commercial Paper issued by Kotak Mahindra Investments Limited on its Debt segment effective December 4, 2025. The issue comprises 20,000 units of Rs. 5 Lakhs each, totaling Rs. 1,000 Crores, issued on private placement basis with a 7-day maturity period.

Key Points

  • Issuer: Kotak Mahindra Investments Limited
  • Instrument: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 1,000 Crores (20,000 units × Rs. 5,00,000)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,99,387 per unit
  • Market Lot: 1 unit
  • Scrip Code: 730700
  • Scrip ID: KMI041225
  • ISIN: INE975F14C66
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited
  • Trading: Dematerialized form only, standard denomination Rs. 5 Lakhs and multiples
  • 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 INE975F14C66
  • Trading must be conducted in standard denominations of Rs. 5 Lakhs and multiples thereof
  • Members requiring clarifications may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Notice Date: December 4, 2025
  • Allotment Date: December 4, 2025
  • Listing Date: December 4, 2025
  • Redemption Date: December 11, 2025
  • Maturity Period: 7 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term commercial paper listing with very short 7-day maturity. The instrument is limited to debt market participants and institutional investors dealing in money market instruments.

Operational Impact: None for equity traders. Debt segment participants can trade this instrument in the secondary market until redemption on December 11, 2025.

Investor Impact: Limited to institutional investors and debt market participants interested in highly-rated (A1+) short-term paper from Kotak Mahindra group entities.

Impact Justification

Routine listing of short-term commercial paper with 7-day maturity affecting debt market only, no impact on equity trading or broader market operations