Description

BSE announces listing of 6000 Commercial Papers of Rs.5 lakh each issued by Kotak Mahindra Prime Limited, with redemption on December 12, 2025.

Summary

BSE has listed new Commercial Papers issued by Kotak Mahindra Prime Limited on private placement basis with effect from December 4, 2025. The issue comprises 6000 securities of Rs.5 lakh face value each, rated CRISIL A1+ and ICRA A1+, with redemption scheduled for December 12, 2025. The securities are listed on BSE Debt segment under scrip code 730689.

Key Points

  • Total quantity: 6000 Commercial Papers of Rs.5,00,000 face value each
  • Scrip Code: 730689, Scrip ID: KMPL31225
  • ISIN: INE916D146D7 (further listing under same ISIN)
  • Issue price: Rs.4,99,310.50 per security
  • Market lot: 1 unit
  • Credit rating: CRISIL A1+ and ICRA A1+
  • Trading only in dematerialized form
  • Standard denomination: Rs.5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd

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 the specified ISIN
  • Trading must be conducted in standard denomination of Rs.5 lakhs and multiples thereof
  • Tick size of 1 paise must be observed for all transactions
  • Trading members requiring clarifications may contact BSE debt department at specified contact numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Notice Date: December 4, 2025
  • Listing Date: December 4, 2025
  • Allotment Date: December 4, 2025
  • Redemption Date: December 12, 2025

Impact Assessment

This is a routine short-term commercial paper listing with minimal market impact. The 8-day tenure indicates working capital financing. Impact is limited to BSE debt segment participants and investors in short-term debt instruments. The A1+ credit rating from both CRISIL and ICRA indicates high credit quality and low default risk.

Impact Justification

Routine commercial paper listing with short 8-day tenure, minimal market impact beyond debt segment participants