Description

BSE lists new Commercial Paper of Kotak Mahindra Prime Limited worth Rs. 50 crores issued on private placement basis, with redemption date of November 24, 2026.

Summary

BSE has listed new Commercial Paper issued by Kotak Mahindra Prime Limited on private placement basis. The instrument comprises 1000 securities of Rs. 5,00,000 each, totaling Rs. 50 crores, with an issue price of Rs. 4,69,011 per security. The Commercial Paper carries credit ratings of CRISIL A1+ and ICRA A1+, with allotment date of December 12, 2025 and redemption scheduled for November 24, 2026.

Key Points

  • Securities Description: Commercial Paper issued on private placement basis
  • Face Value: Rs. 5,00,000 per security
  • Quantity: 1000 securities
  • Total Issue Size: Rs. 50 crores
  • Issue Price: Rs. 4,69,011 per security
  • Scrip Code: 730738
  • Scrip ID: KMPL101225
  • ISIN: INE916D146H8 (Further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1
  • Tick Size: 1 paise
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE916D146H8
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on BSE Debt segment only

Important Dates

  • Notice Date: December 12, 2025
  • Listing Date: December 12, 2025
  • Allotment Date: December 12, 2025
  • Redemption Date: November 24, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instrument provides short-term funding to Kotak Mahindra Prime Limited for approximately 11.5 months. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness. Trading will be restricted to institutional and qualified investors given the Rs. 5 lakh minimum denomination requirement. No impact on equity markets or broader trading operations expected.

Impact Justification

Routine commercial paper listing by Kotak Mahindra Prime Limited. Standard debt instrument listing with no material market impact or regulatory changes.