Security Name: 8.05% Kotak Mahindra Prime Limited 24 Apr 2029
ISIN: INE916DA7SS8
Taxable
Tax Category
24 Apr, 2029
Maturity Date
(3 Yr 2 Mo 17 D to mature)
Yearly
Interest Payment Frequency
No
NRI Eligibility
24 Apr, 2024
Allotment Date
NA
Put Date
24 Apr, 2026
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
8.05%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
09 Apr, 2026
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Risk gauge from Low to High Safety. Needle points near High Safety. Credit rating is AAA Stable (CRISIL).
| Rating agency | Rating | Needle position |
|---|---|---|
| CRISIL | AAA Stable | near High Safety |
| ICRA | AAA Stable | near High Safety |
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
LIQUIDITY INDICATOR #
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Transaction Count
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Volume Traded
as on -- (in Lakhs)
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Transaction Count
(since 3 months)
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Volume Traded
(since 3 months) (in Lakhs)
# Data points from
# Updates every 15 minutes during market hours
# Last Updated: --
ISSUER
Kotak Mahindra Prime Limited was established as Kotak Mahindra Primus Limited in 1996 as a 60:40 joint venture between Kotak Mahindra Bank Limited and Ford Credit International (FCI). FCI exited the venture in 2005, and the company was subsequently renamed Kotak Mahindra Prime Limited. At present, KMBL has a 51% stake in KMPL and the balance is held by Kotak Securities Limited, which is a wholly-owned step-down subsidiary of KMBL.
The ratio in FY25 is 9.22x and it was 9.59x in FY24, indicating decrease in the debt level due to increase in the profitability of the issuer in FY25.
Debt/EBITDA
The ratio in FY25 is 1.58x and it was 1.65x in FY24, indicating decrease in the debt servicing ability of the issuer due to increase in the interest expenses which led to overall increase in finance cost.
Interest coverage ratio
Recent News
Jun 04, 2024 | Kotak Mahindra Prime Limited
Jan 11, 2025 | Kotak Mahindra Prime Limited
Jul 18, 2025 | Kotak Mahindra Prime Limited
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
