BSE Debt Segment: Kotak Mahindra Prime Limited Issues New Securities

Strategic Insights -

Kotak Mahindra Prime Limited has issued two new debt securities on a private placement basis, which have been listed and admitted to dealings on the BSE Debt segment. The securities, KMPL-7.2640%-14-10-30-PVT and KMPL-7.1554%-19-06-28-PVT, have been issued with a credit rating of CRISIL AAA/STABLE and ICRA AAA/STABLE, respectively. The face value of each security is Rs. 100,000, and the issue price is Rs. 100,002.25 for the first security and Rs. 102,351.1334 for the second security. The securities have a fixed rate of interest, with the first security paying 7.2640% per annum and the second security paying 7.1554% per annum.

Key Takeaways:

  • Kotak Mahindra Prime Limited has issued two new debt securities on a private placement basis: KMPL-7.2640%-14-10-30-PVT and KMPL-7.1554%-19-06-28-PVT.
  • The securities have been listed on the BSE Debt segment and have a credit rating of CRISIL AAA/STABLE and ICRA AAA/STABLE, respectively.
  • The face value of each security is Rs. 100,000, and the issue price is Rs. 100,002.25 for the first security and Rs. 102,351.1334 for the second security.
  • The securities have a fixed rate of interest, with the first security paying 7.2640% per annum and the second security paying 7.1554% per annum.
  • The date of allotment is October 14, 2025, and the securities will pay interest annually on October 14, 2026, and subsequent dates up to October 14, 2030.
  • The securities will be redeemed on October 14, 2030.
  • The securities will be traded only in dematerialized form under the specified ISIN numbers.
  • The tick size for the securities is 1 paise.

Statistics:

  • Face value of each security: Rs. 100,000
  • Issue price of the first security: Rs. 100,002.25
  • Issue price of the second security: Rs. 102,351.1334
  • Rate of interest for the first security: 7.2640% per annum
  • Rate of interest for the second security: 7.1554% per annum
  • Date of allotment: October 14, 2025
  • Date of redemption: October 14, 2030

Sources:

  • BSE (Bombay Stock Exchange) notice
  • Kotak Mahindra Prime Limited's Placement Memorandum on https://www.bseindia.com/markets/debt/memorandum_data.aspx
  • CRISIL and ICRA credit ratings