Description

BSE lists 2,400 units of Commercial Paper issued by Kotak Mahindra Investments Limited on private placement basis with face value of Rs. 5 lakhs each, maturing on December 11, 2026.

Summary

BSE has listed Commercial Paper issued by Kotak Mahindra Investments Limited on private placement basis, effective December 15, 2025. The listing comprises 2,400 units with a face value of Rs. 5,00,000 each, carrying CRISIL A1+ and ICRA A1+ credit ratings. The instrument will mature on December 11, 2026.

Key Points

  • Issuer: Kotak Mahindra Investments Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 2,400 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,66,977 per unit
  • Total Issue Size: Rs. 120 crores
  • Scrip Code: 730772
  • Scrip ID: KMIL151225
  • ISIN: INE975F14C74
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited

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 INE975F14C74
  • Trading permitted only in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities admitted to dealings on BSE Debt segment effective from December 15, 2025

Important Dates

  • Allotment Date: December 15, 2025
  • Listing Date: December 15, 2025
  • Redemption Date: December 11, 2026
  • Tenure: Approximately 361 days

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instrument is targeted at institutional investors in the debt segment. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness. The discount of approximately 6.6% to face value represents the yield for the 361-day tenure. No impact on equity markets or retail investors.

Impact Justification

Routine commercial paper listing notification for institutional debt investors with no direct equity market or regulatory impact