Description
New commercial paper securities of Kotak Mahindra Prime Limited listed on BSE Debt segment with face value of Rs. 5 lakh each, maturing on November 24, 2026.
Summary
BSE has listed new Commercial Paper securities issued by Kotak Mahindra Prime Limited on a private placement basis. The securities will be available for trading on the BSE Debt segment with effect from December 12, 2025. The issue consists of 1,000 commercial papers with a face value of Rs. 5,00,000 each, maturing on November 24, 2026.
Key Points
- Securities: Commercial Paper issued on private placement basis
- Face Value: Rs. 5,00,000 per unit
- Quantity: 1,000 units
- Scrip Code: 730738
- Scrip ID: KMPL101225
- ISIN: INE916D146H8 (further listing under same ISIN)
- Credit Rating: CRISIL A1+, ICRA A1+
- Issue Price: Rs. 4,69,011
- Market Lot: 1
- Issuing and Paying Agent: Kotak Mahindra Bank Ltd
- Trading denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Trading mode: Dematerialised form only
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification.
Compliance Requirements
- Trading members must trade the securities only in dematerialised form under ISIN INE916D146H8
- Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- All trades subject to 1 paise tick size
Important Dates
- Date of Allotment: December 12, 2025
- Listing Date: December 12, 2025
- Redemption Date: November 24, 2026
Impact Assessment
This is a routine commercial paper listing with minimal market impact. The listing provides debt market participants with an additional short-term investment option rated A1+ by both CRISIL and ICRA. The securities offer approximately 11.5 months maturity period and are backed by Kotak Mahindra Prime Limited’s credit quality. Impact is limited to institutional investors and debt market participants interested in highly-rated commercial paper instruments.
Impact Justification
Routine commercial paper listing with no market-wide implications, only relevant to debt market participants and investors in Kotak Mahindra Prime securities