Description

BSE announces listing of 800 Commercial Papers of Rs. 5,00,000 each issued by Kotak Mahindra Prime Limited on private placement basis, with redemption date of December 9, 2026.

Summary

BSE has listed new Commercial Paper securities issued by Kotak Mahindra Prime Limited on private placement basis. A total of 800 Commercial Papers with face value of Rs. 5,00,000 each have been admitted to dealings on the BSE Debt segment with effect from December 15, 2025. The securities carry CRISIL A1+ and ICRA A1+ credit ratings and will mature on December 9, 2026.

Key Points

  • 800 Commercial Papers of Rs. 5,00,000 face value each listed on BSE Debt segment
  • Scrip Code: 730739, Scrip ID: KMP101225, ISIN: INE916D146I6
  • Issue Price: Rs. 468,008 per unit against face value of Rs. 500,000
  • Credit Rating: CRISIL A1+ and ICRA A1+
  • Allotment Date: December 15, 2025
  • Redemption Date: December 9, 2026
  • Trading only in dematerialized form with market lot of 1 unit
  • Standard trading denomination: Rs. 5 Lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: Kotak Mahindra Bank Ltd

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE916D146I6
  • Trading must be conducted in standard denomination of Rs. 5 Lakhs and multiples thereof
  • Trading members requiring clarifications should contact BSE debt department on specified phone numbers (22728352/8597/8995/5753/8915)

Important Dates

  • Listing Date: December 15, 2025
  • Allotment Date: December 15, 2025
  • Redemption Date: December 9, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The listing provides short-term debt investment opportunities for institutional investors in highly-rated paper (A1+ rating from both CRISIL and ICRA). The issue size of Rs. 400 crores (800 units × Rs. 5 lakhs) represents standard corporate financing activity. Impact is limited to debt market participants and does not affect equity markets or broader trading operations.

Impact Justification

Routine commercial paper listing with no market-wide impact; relevant only to debt market participants and Kotak Mahindra Prime Limited stakeholders