Kotak Mahindra Prime 8.23% Dec 2026 NCD (INE916DA7SP4)

CRISIL AAA / Stable Secured NCD

Kotak Mahindra Prime Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2026

59 more bonds from Kotak Mahindra Prime Limited →

Current YTM

7.70%

Market YTM

Coupon Rate

8.23%

Per annum

Maturity Date

21 Dec 2026

0.1 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹1,00,000

Per Bond

Market Position

YTM (Annual)

7.70%

Last traded 27 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+78 bps

vs 0.1Y G-Sec at 6.92%

Below the median spread for similar-tenor peers

Tenure

0.1 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

14 Jul 202627 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

21 Dec 2026

Final coupon (part period) + principal

₹1,06,832.03 / Bond

₹6,832.03 coupon + ₹1,00,000 face value

1 coupon remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

8.23%

YTM (Annual)

7.70%

Credit Rating

AAA

(CRISIL) · rated 29 Feb 2024, 2 years ago

Over 15 months old; see below

Remaining Tenure

0.1 Years

AAA (CRISIL): Rated 29 Feb 2024 (2 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics

Modified Duration

0.11 Yrs

Macaulay Duration

0.12 Yrs

Issue Size

₹650 Cr

Minimum Investment

₹1,00,000

1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

0.11 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

27 Oct 2026

BSE

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
1 secondary-market trade recorded in the last 30 days.
Coupon is 1.97 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026

Issuer

Kotak Mahindra Prime Limited

Instrument Type

NCD

Issue Date

21 Feb 2024

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

Kotak Mahindra Prime 8.23% Dec 2026 NCD is a secured, rated NCD issued by Kotak Mahindra Prime Limited. It pays an 8.23% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

1 actions

Agency actions on Kotak Mahindra Prime Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

Date	Agency	Action	Rating	Outlook	Rationale
2026-07-09	CRISIL	Initial	AAA	Stable	View →

Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →

Rating Actions on Kotak Mahindra Prime Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

Date	Agency	Action	Rating	Rationale
2026-07-09	CRISIL	Initial	AAA / Stable	View →

Alert me about Kotak Mahindra Prime Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE916DA7SP4: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-27	100.0000	7.7000	2
2026-07-15	100.2800	7.2200	1
2026-07-14	100.2273	7.3500	—

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	CRISIL	2024-02-29
Rating Actions History	1	—	2026-07-09
Secondary-Market Trades	3	BSE	2026-10-27
Reg52(4) Payment Disclosures	0	—	—

Documents

Entity metadata

Source: BSE
Last Updated: 7 Nov 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

₹1,00,000.00

YTM7.70%

Trade Date 27 Oct 2026 12d ago

SourceBSE

Accrued interest (est.)₹7,282.99

Dirty price (est.)₹1,07,282.99

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on Kotak Mahindra Prime 8.23% Dec 2026 NCD?

Kotak Mahindra Prime 8.23% Dec 2026 NCD carries a coupon of 8.23%, paid annual, on a face value of ₹1,00,000.

When does Kotak Mahindra Prime 8.23% Dec 2026 NCD mature?

Kotak Mahindra Prime 8.23% Dec 2026 NCD matures on 21 Dec 2026, 0.1 years from today.

What is Kotak Mahindra Prime 8.23% Dec 2026 NCD rated?

Kotak Mahindra Prime 8.23% Dec 2026 NCD is rated AAA by CRISIL (rating dated 29 Feb 2024).

Is Kotak Mahindra Prime 8.23% Dec 2026 NCD secured?

Kotak Mahindra Prime 8.23% Dec 2026 NCD is a secured bond.

Where does Kotak Mahindra Prime 8.23% Dec 2026 NCD trade?

Kotak Mahindra Prime 8.23% Dec 2026 NCD is listed on BSE.

What yield does Kotak Mahindra Prime 8.23% Dec 2026 NCD currently offer?

The last recorded trade on 27 Oct 2026 priced Kotak Mahindra Prime 8.23% Dec 2026 NCD at ₹1,00,000.00 per bond, implying a yield to maturity of 7.70%.

More Bonds from This Issuer

Kotak Mahindra Prime 8.09% Nov 2026 NCD

INE916DA7SL3

AAA

Coupon

8.09%

Maturity

09 Nov 2026

View Details

Kotak Mahindra Prime 8.23% Dec 2026 NCD

IN8916D07290

Coupon

8.23%

Maturity

21 Dec 2026

View Details

Kotak Mahindra Prime 8.20% Jan 2027 NCD

INE916DA7SN9

AAA

Coupon

8.20%

Maturity

11 Jan 2027

View Details

Kotak Mahindra Prime 8.14% Feb 2027 NCD

INE916DA7SR0

AAA

Coupon

8.14%

Maturity

10 Feb 2027

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2026

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 8.23%. For comparison only, not a recommendation.

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INE539K07320	Credila Financial Services Limited	AA+	8.24%	2027-06-15
INE975F07IQ0	Kotak Mahindra Investments Limited	AAA	8.24%	2027-05-27
INE498L07038	L&T Finance Limited	AAA NSDL record, 2024	8.24%	2027-06-16
INE774D07VE1	Mahindra and Mahindra Financial Services Limited	AAA	8.25%	2027-03-25
INE831R07425	Aditya Birla Housing Finance Limited	AAA	8.20%	2027-02-26
INE477A07423	Can Fin Homes Limited	AAA NSDL record, 2025	8.20%	2027-05-18

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