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Kotak Mahindra Prime 7.05% Apr 2028 NCD

AAA / Stable Secured NCD

Kotak Mahindra Prime Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2028

Current YTM
7.68%
Market YTM
Coupon Rate
7.05%
Per annum
Maturity Date
10 Apr 2028
1.6 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
7.68%
Live, last traded 2026-08-06
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+208 bps
vs 1.6Y G-Sec at 5.60%
Below the median spread for similar-tenor peers
Tenure
1.6 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
14 Jul 2027
Interest Payment
₹7,050.00 / Bond
10 Apr 2028
Principal Payment
₹100,000.00 / Bond

Next 1 coupon + 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 2025-07-14 Matures 2028-04-10

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

Key Metrics
Coupon Rate
7.05%
YTM (Annual)
7.68%
Credit Rating
AAA
(CRISIL)
Remaining Tenure
1.6 Years
Advanced metrics
Modified Duration
1.44 Yrs
Macaulay Duration
1.55 Yrs
Issue Size
₹850 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.44 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-06
NSE OTC (WAP)
Trades (30 Days)
1
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 2.95 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
2025-07-14
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

KMPL-7.05%-10-04-28-PVT is a secured, rated, redeemable ncd issued by Kotak Mahindra Prime Limited. The bond offers a fixed coupon of 7.05% 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
2026-08-06 98.9681 7.6800 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CRISIL 2025-07-31
Rating Actions History 1 2026-07-09
Secondary-Market Trades 1 NSE OTC (WAP) 2026-08-06
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 7.05% Apr 2028 NCD?

Kotak Mahindra Prime 7.05% Apr 2028 NCD carries a coupon of 7.05%, paid annual, on a face value of ₹100,000.

When does Kotak Mahindra Prime 7.05% Apr 2028 NCD mature?

Kotak Mahindra Prime 7.05% Apr 2028 NCD matures on 2028-04-10, 1.6 years from today.

What is Kotak Mahindra Prime 7.05% Apr 2028 NCD rated?

Kotak Mahindra Prime 7.05% Apr 2028 NCD is rated AAA by CRISIL. As of 2025-07-31.

Is Kotak Mahindra Prime 7.05% Apr 2028 NCD secured?

Kotak Mahindra Prime 7.05% Apr 2028 NCD is a secured bond.

Where does Kotak Mahindra Prime 7.05% Apr 2028 NCD trade?

Kotak Mahindra Prime 7.05% Apr 2028 NCD is listed on BSE.

What yield does Kotak Mahindra Prime 7.05% Apr 2028 NCD currently offer?

The last recorded trade on 2026-08-06 priced Kotak Mahindra Prime 7.05% Apr 2028 NCD at ₹98.97, implying a yield to maturity of 7.68%.

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