Description

Three series of Commercial Paper issued by Kotak Mahindra Prime Limited listed on BSE Debt segment with face value of Rs. 5 lakhs each, maturing between August 2026 and December 2026.

Summary

BSE has listed three series of Commercial Paper issued by Kotak Mahindra Prime Limited on private placement basis effective December 10, 2025. The instruments are listed on the BSE Debt segment with face values of Rs. 5,00,000 each and carry CRISIL A1+ and ICRA A1+ ratings. Total quantities range from 2,000 to 5,500 units across the three series.

Key Points

  • Three series of Commercial Paper listed with scrip codes 730738, 730739, and 730401
  • Face value: Rs. 5,00,000 per unit for all series
  • Credit Rating: CRISIL A1+ and ICRA A1+ for all instruments
  • Issue prices range from Rs. 467,591.50 to Rs. 478,622 per 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
  • Market lot: 1 unit for all series

Instrument Details

Series 1 (KMPL101225):

  • Scrip Code: 730738
  • ISIN: INE916D146H8
  • Quantity: 2,000 units
  • Issue Price: Rs. 468,843.50
  • Allotment Date: December 10, 2025
  • Redemption Date: November 24, 2026

Series 2 (KMP101225):

  • Scrip Code: 730739
  • ISIN: INE916D146I6
  • Quantity: 5,500 units
  • Issue Price: Rs. 467,591.50
  • Allotment Date: December 10, 2025
  • Redemption Date: December 9, 2026

Series 3 (KMP161025):

  • Scrip Code: 730401
  • ISIN: INE916D145X7 (Further listing under same ISIN)
  • Quantity: 2,000 units
  • Issue Price: Rs. 478,622
  • Allotment Date: December 10, 2025
  • Redemption Date: August 5, 2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Trading members can contact BSE debt department on 22728352/8597/8995/5753/8915 for clarifications

Important Dates

  • Listing Date: December 10, 2025
  • Allotment Date: December 10, 2025 (all series)
  • Redemption Dates:
    • Series 3: August 5, 2026
    • Series 1: November 24, 2026
    • Series 2: December 9, 2026

Impact Assessment

This is a routine debt market listing with minimal market impact. The listing of commercial paper by Kotak Mahindra Prime Limited provides short-term funding instruments for the company and investment opportunities for institutional investors. The high credit ratings (A1+) indicate strong creditworthiness. The instruments have tenures ranging from approximately 8 to 12 months, typical for commercial paper. No significant operational or market-wide impact is expected from this listing.

Impact Justification

Routine listing of commercial paper instruments by established financial institution with standard terms and no broader market implications.