Description

BSE lists new Commercial Paper worth Rs. 75 crore issued by Kotak Mahindra Investments Limited on private placement basis, maturing on December 11, 2026.

Summary

BSE has listed new Commercial Paper issued by Kotak Mahindra Investments Limited on private placement basis effective December 17, 2025. The issuance comprises 1,500 securities of face value Rs. 5,00,000 each, totaling Rs. 75 crore, with a maturity date of December 11, 2026. The securities carry CRISIL A1+ and ICRA A1+ credit ratings.

Key Points

  • Securities: Commercial Paper on private placement basis
  • Quantity: 1,500 units of Rs. 5,00,000 each
  • Total Issue Size: Rs. 75 crore
  • Scrip Code: 730772
  • Scrip ID: KMIL151225
  • ISIN: INE975F14C74 (further listing under same ISIN)
  • Issue Price: Rs. 4,67,148 per unit
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Issuing and Paying Agent: Kotak Mahindra Bank Limited
  • Trading: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise
  • Market Lot: 1 unit

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 must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be maintained for all trades
  • Trading members can contact BSE debt department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Allotment Date: December 17, 2025
  • Listing Date: December 17, 2025
  • Redemption Date: December 11, 2026
  • Tenor: Approximately 359 days

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The issuance represents short-term borrowing by Kotak Mahindra Investments Limited for working capital or operational requirements. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong creditworthiness. The listing expands the debt market offerings on BSE but has no direct impact on equity markets or retail investors. This is part of normal corporate treasury operations for large financial institutions.

Impact Justification

Routine commercial paper listing for short-term funding by Kotak Mahindra Investments Limited with no impact on equity markets or regulatory changes