K

Kotak Mahindra Prime 8.23% Dec 2026 NCD

AAA / Stable Secured NCD

Kotak Mahindra Prime Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2026

Current YTM
7.22%
Market YTM
Coupon Rate
8.23%
Per annum
Maturity Date
21 Dec 2026
0.3 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.22%
Live, last traded 2026-07-15
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+172 bps
vs 0.3Y G-Sec at 5.50%
Below the median spread for similar-tenor peers
Tenure
0.3 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
21 Dec 2026
Principal Payment
₹100,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹100,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Initial rating: AAA by CRISIL on 2026-07-09 Issued 2024-02-21 Matures 2026-12-21

1 rating action on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
8.23%
YTM (Annual)
7.22%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
0.3 Years
Advanced metrics
Modified Duration
0.29 Yrs
Macaulay Duration
0.31 Yrs
Issue Size
₹650 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
0.29 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-07-15
BSE
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 1.77 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2024-02-21
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

KMPL-8.23%-21-12-26-PVT is a secured, rated, redeemable ncd issued by Kotak Mahindra Prime Limited. The bond offers a fixed coupon of 8.23% p.a. with annual interest payments and repays principal on maturity.

Rating Action History 1 actions
DateAgencyActionRatingOutlookRationale
2026-07-09 CRISIL Initial AAA Stable View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-07-15 100.2800 7.2200 1
2026-07-14 100.2273 7.3500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2024-02-29
Rating Actions History 1 2026-07-09
Secondary-Market Trades 2 BSE 2026-07-15
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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.

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 ₹100,000.

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

Kotak Mahindra Prime 8.23% Dec 2026 NCD matures on 2026-12-21, 0.3 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. As of 2024-02-29.

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 2026-07-15 priced Kotak Mahindra Prime 8.23% Dec 2026 NCD at ₹100.28, implying a yield to maturity of 7.22%.

More Bonds from This Issuer
K
Kotak Mahindra Prime 8.09% Nov 2026 NCD
AAA
Coupon
8.09%
Maturity
09 Nov 2026
8
Kotak Mahindra Prime 8.23% Dec 2026 NCD
Coupon
8.23%
Maturity
21 Dec 2026
K
Kotak Mahindra Prime 8.20% Jan 2027 NCD
AAA
Coupon
8.20%
Maturity
11 Jan 2027
K
Kotak Mahindra Prime 8.14% Feb 2027 NCD
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Coupon
8.14%
Maturity
10 Feb 2027
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