Home MarketKotak Mahindra Bank Ltd.

Kotak Mahindra Bank Ltd. Stock Info: As on 2018-05-24 15:59:34



52 Week Range
Day's Range1,129.82 - 1,380.89
Value Traded (in ₹ Cr.) 200.56



Change %
52 Week Range
Day's Range1,130.22 - 1,381.38
Value Traded (in ₹ Cr.) 19.91

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 0.00 0.00%
IndianPromoters 572,465,964.00 30.04%
Mutual Funds/UTI 134,869,280.00 7.08%
FII 753,887,641.00 39.56%
Employee 0.00 0.00%
Public 185,734,891.00 9.75%
Government 0.00 0.00%
Others 222,464,346.00 11.67%

Key Statistics

Valuation Measures
Basic EPS 18.57
Diluted EPS 18.55
Cash EPS 20.11
BVPerShare Excl 150.02
BVPerShare Incl 150.02
Operating Revenue 96.14
Price BV 5.81
PriceTo Sales 9.07
Retention Ratios 99.99
Dividend 0.60
Earnings Yield 0.02
NP Per Share 18.53
Cost To Income 38.68
Enterprise Value 3315736121380.00
Interest Per Employee 4022484.75
EVPer NetSales 18.73
Int Exp By EarningAssets 4.46
Parameter Mar-17 (₹ Cr.) Yoy%change
Total Income 21,176.09
Total Expenses 17,764.59
EBITDA 27,628.04
PBT 5,148.07
PAT 3,411.50
Net Income 3,411.50
Parameter Mar-18 (₹ Cr.) 6M % change
Total Income 12,524.02
Total Expenses 8,686.02
EBITDA 9,197.10
PBT 3,318.32
PAT 2,177.26
Net Income 2,177.26
Total Assets
Total Assets
Parameter Mar-17 (₹ Cr.) Yoy%change
Total share capital 920.45
Net worth 27,617.94
Investments 45,074.19
Total Liability 214,589.96
Total debt 178,521.34
Net block 1,537.63
Total Assets 214,589.96
Parameter Mar-17 (₹ Cr.) 6M % change
Total share capital 917.19
Net worth 23,962.47
Investments 51,260.22
Total Liability 192,259.79
Total debt 159,618.36
Net block 1,551.59
Total Assets 192,259.79
Company Curr Price Prev. Close Change% W's Low/High

Axis Bank Ltd.

534.45 520.25 2.73

Bandhan Bank Ltd.

477.2 495.95 -3.78

City Union Bank Ltd.

183.4 184.45 -0.57

DCB Bank Ltd.

182.4 184 -0.87

Dhanlaxmi Bank Ltd.

20.35 20.5 -0.73

Federal Bank Ltd.

82.9 82.25 0.79

HDFC Bank Ltd.

1986 1967.5 0.94
Company Curr Price Prev. Close Change% W's Low/High

Axis Bank Ltd.

534.15 520.35 2.65

Bandhan Bank Ltd.

0 0 0

City Union Bank Ltd.

182.5 184.05 -0.84

DCB Bank Ltd.

182.1 183.4 -0.71

Dhanlaxmi Bank Ltd.

20.3 20.4 -0.49

Federal Bank Ltd.

82.7 82.2 0.61

HDFC Bank Ltd.

1990 1966.95 1.17
Parameter Mar-17(in ₹ Cr.)
Cash from operating activities 14,407.62
Cash from investing activities -2,971.84
Cash from financing activities 256.52
Net change in cash 11,692.29

Stock Held By Mutual Fund Schemes

Corporate Details

About Management

1985 - The company was incorporated on 21st November 1985 under the name Kotak Capital Management Finance Ltd. The Company has been promoted by Mr Uday S Kotak, Mr S.A.A Pinto and Kotak & Company. The company obtained the certificate of commencement of business on 11th February 1986 and the Existing promoters were joined by Mr Harish Mahindra and Mr Anand Mahindra. The company's name was changed on 8th April 1986 to its present name Kotak Mahindra Finance Ltd. - The Company deals in Bill discounting, leasing and hire purchase, corporate finance, management of fixed deposit mobilisation, financing against securities, money market operations, consumer finance, investment banking and clients' money management. 1990 - 3,08,770 No. of equity shares subscribed for by the promoters, directors, 3,41,230 No. of equity shares allotted as rights as on 28.3.89. 19,50,000 shares issued as bonus (6,50,000 shares in prop. 1:1 as on 29.7.89 and 13,00,000 shares in prop. 1:1 as on 27.2.91). 1991 - An application was made to SEBI for approval for setting up a Mutual Fund trust and an asset management company. The newly set up Corporate Advisory Services Group received several mandates for advice on mergers and acquisitions and re-structuring. - The Company's newly established Foreign Exchange Risk Management Service carters to the vast potential demand for price risk management. The Company established itself as a major leasing and hire-purchase company and as a source of finance for purchasers of automobiles. 1992 - In January, the Company offered and allotted 15,50,000 - 14% secured partly convertible debentures of Rs 90 each for a total value of Rs 13.95 crores in the following manner: (i) 2,00,000 debentures to promoters, directors, etc. (ii) 77,500 debentures to employees (including working directors)/workers on preferential basis (iii) 12,72,500 debentures to Indian public through prospectus. - Additional 30,000 debentures to promoters, directors, etc., 9,500 debentures to employees and 1,93,000 debentures to Indian public were allotted to retain oversubscription. - As per the terms of debenture issue, a portion of Rs 45 of each debenture of Rs 90 was to be converted into 1 equity share of Rs 10 each at a premium of Rs 35 per share as on the date of allotment of the debentures. Accordingly 17,82,500 No. of equity shares allotted as on 25th February, 1992, being the date of allotment of the debentures. The non-convertible portion of Rs 45 of each debenture would be redeemed at par in three equal instalments of Rs 15, Rs 15 and Rs 15 at the end of the 7th, 8th and 9th year respectively from the date of allotment of the debentures. - In April, the Company has raised Rs. 18 crores by issue of Commercial Paper which has been awarded P1 + rating by Credit Rating and Information Services of India limited (CRISIL) indicating highest standards of safety. 1993 - During February, the Company issued 69,82,500 Rights equity shares of Rs 10 each at a premium of Rs 15 per share in proportion 1:1 (all were taken-up). Additional 13,950 shares were allotted to those who had applied for additional shares. - The Company issued through a Prospectus 44,00,000 No. of equity shares of Rs 10 each for cash at a premium of Rs 140 per share of which the following were reserved for allotment (i) 1,30,000 shares to promoters, directors, their relatives etc., (ii) 25,000 shares to Foreign/Indian Financial Institutions (all were taken up). Of the remaining 50,000 shares reserved for allotment on a preferential basis to employees (only 34,600 shares taken up). Another 5,55,000 shares to NRIs were reserved on non-repatriation basis (all were taken up). - Balance 36,40,000 shares, along with 15,400 shares not taken up by employees', were offered for public subscription. - At the 8th Annual General Meeting held on 28th September the Company has reserved 61,22,000 No. of equity shares of Rs 10 each for cash to be allotted at such issue price as may be decided by the board to Foreign Institutional Investors and/or, Foreign and/or Indian Pension and/or Mutual and/or other Funds and/or Institutions, Banks, Companies, Bodies and/or individuals and/or Groups of Individuals. - The Company's newly set up Corporate Advisory Services Group received several mandates for advice on mergers and acquisitions and re-structuring and some have already been executed with success. 1994 - The Company entered into a Memorandum of Understanding with KB Currency Advisors Inc. USA to market their Foreign Exchange Fund Management programme. - 183,65,500 Rights equity shares issued in prop. 1:1. 11,800 No. of equity shares forfeited. - The Company has received the approval of Securities and Exchange Board of India (SEBI) for setting up a Mutual Fund. 1995 - The Company issued 4,00,000 - 17% Secured Redeemable Non-convertible Debenture of Rs 2500 each including 96000 - 16% NCDs reserved for NRIs/URB (only 9510 taken-up). Unsubscribed portion of 90 debentures issued to the public. These are redeemable at par on 7.3.2001 with an option for early redemption up to a maximum of 5% of the issue amount every year. - The Company entered into a joint venture agreement with Ford Credit International Inc. (FCI), a subsidiary of Ford Motor Credit Co., USA. It was proposed to finance all non Ford Passenger cars. - Kotak Mahindra Capital company became a subsidiary of the Company. 1996 - The Company's operations were affected by the liquidity crunch, scarcity of resources, sluggishness in the capital markets and the overall deceleration of economic growth. - The Company has entered into a MOU with the Chubb Corporation, New Jersey, U.S.A., one of the largest American Insurance firms, to develop a Joint Venture dedicated to the conduct of casuallity and property insurance business in India. - The Company has invested a sum of about Rs 200 lakhs in Matrix Information Services private Ltd. (Matrix), a company formed for providing comprehensive value added information to business and general users. Matrix is a wholly owned subsidiary of the company. - The Company has divested its entire holding of 20,00,070 No. of equity shares of Rs 10 each of Kotak Mahindra Securities Ltd. (KMSL) and 20,00,000 ordinary shares of US $ 1 each of Kotak Mahindra International Ltd. - Hamko Financial Services Ltd., Kotak Mahindra Securities Ltd., provides of broking services to institutional and corporate clients, Kotak, Mahindra Asset Management Company, Kotak Mahindra International Ltd., an offshore company and Kotak Mahindra (UK) Ltd., are all subsidiaries of the Company. - The Company's public issue of 400000 16-17% Secured Redeemable Non-Convertible Debentures of Rs.2500 each for cash at par aggregating Rs.100 crores in January. 1997 - In recognition of the Company's prudent funds management, CRISIL has assigned a rating of AA+ to the Company's public issue of Non-Convertible Debentures and P1+ for all short term borrowings upto Rs.35000 lakhs. - Kotak Mahindra Finance Ltd, has decided to venture into health insurance business. - Kotak Mahindra Finance has launched a new consumer finance product called Kotak Mahindra K-Value. - Hamko is a 100 per cent subsidiary of KMFL and investment in it was structured to avoid limitations of Section 372 under the Companies Act. - The company has diversified into various activities for which it has set up subsidiaries including broking, capital market activities, auto finance, etc. 1998 - Kotak Mahindra Asset Management Company Limited (KMAMCL) launched its mutual fund schemes in December. - The Company it would launch its mutual fund with two schemes -- KGilt Unit Scheme and K30 Unit Scheme. - Kotak Mahindra Finance, is a joint venture with Goldman Sachs. 1999 - The `FAA' (pronounced `F double A') rating assigned to the fixed deposit programme of Ford Credit Kotak Mahindra (FCKM) has been reaffirmed. - With the allotment to the Company of 50,000 equity shares of Rs. 10 each by Kotak Mahindra Trustee Company Limited (KMTCL) on 12th May. 2000 - Kotak Mahindra Finance Ltd (KMFL) and Chubb Corporation of the US have decided to call off their joint venture for entering the general insurance business in India. - The Company has decided to set up a venture capital fund with an initial corpus of Rs. 100 crore. - KMFL has set up a new asset reconstruction division to offer recovery management services to players in the financial services industry. - The Company Issue of 91,82,500 No. of Equity Shares of Rs. 10/- each for cash at a premium of Rs. 90/- per share aggregating Rs. 91,82,50,000 to the Equity Shareholders of the Company on Rights basis in the ratio of one equity share for every our equity shares held on 15th February. - Mr. K.K. Sheth has resigned effective from May 8. - Kotak Securities an affiliate of Kotak Mahindra Finance Ltd., has launched electronic broking services for retail investors. - Kotak Mahindra Finance is in talks with foreign insurers for a joint venture in the life insurance business. - The Company has proposed to start-up capital of Rs 150 crore in its life insurance joint venture with Old Mutual, the UK based financial services group. - The Company proposes to make the necessary applications to the RBI and the Insurance Regulatory and Development Authority for entering the life insurance business. - OM Kotak Mahindra Life Insurance Company, the recently formed joint venture company of Kotak Mahindra Financeand Old Mutual Plc has filed ts application for approva of life insurance licence on 1st September. - Kotak Mahindra Finance Ltd has been assigned Ind AAA rating (indicating highest credit quality) for its Rs.510 million medium term borrowing programme. - Fitch India has assigned a rating of Ind AAA to the Rs 51-crore medium term borrowing program of Kotak Mahindra Finnance Ltd for high credit quality and negligible risk factor. 2001 - The Company recommended a swap ratio of 25 shares of KMFL for every share of Pannier Tradings which has a 75 per cent equity stake in Kotak Securities. - The Bharath Petroleum Corporation Ltd (BPCL) has decided to part ways with Kotak Mahindra, one of the leading domestic financial services company, in its convenient store venture In & Out. 2002 -KMFL's business has seen a fast growth with the total disbursement of commercial vehicle loan of the company in the last fiscal was tuned to Rs. 250cr. -RBI has given in-principle approval to Kotak Mahindra Finance Ltd to convert itself into a bank, thereby becoming the first ever non-banking finance company converted into a bank. -Mr Uday Kotak says, there won't be any frsh capital infusion in the bank in the near future. -KMFL informed BSE the FITCH ratings assigned: Fixed Deposit Programme - Ind AAA Non-Convertible Debenture - Ind AAA -Mr.Ajay Sondhi has been appointed as the Additional Director of Kotak Mahindra Finance Ltd. -Kotal Mahindra Finance Company has shortlisted i-flex solutions 'Flexicube' and 'Infosys', 'Finnacle' for its core banking solutions. -KMFL has raised 76.22cr by selling securitised commercial vehicle loans to investors. -CRISIL has assigned 'AAA(SO)' rating for Rs.83cr securitisation Programme of Kotak Mahindra Finance Ltd. -Mr.Uday Kotak has been appointed as the Executive Vice Chairman and Managing Director of the company. -Kotak Mahindra Finance Ltd has mobilised Rs.104.89cr , asset-backed securitisation of commercial vehicle receivables. -Business Standard and Business Standard digital have ceased to be the subsidiaries of Kotak Mahindra Finance Ltd. -Mr.C Jayaram and Mr. Dipak Gupta are appointed as whole time Directors on the Board of Kotak Mahindra Finance Ltd. 2003 -Madison Communications has won the Rs.30cr Kotak Mahindra's media AOR account. -The proposal of changing the name from 'Kotak Mahindra Finance Ltd' to 'Kotak Mahindra Bank Ltd' and the proposal to change the Authorised capital from 100,00,00,000 divided into 10,00,00,000 equity shares of Rs.10 each has been approved by the company shareholders. -RBI has granted licence to Kotak Mahindra Finance Ltd to embark on its banking business. -O & M has got the creative account of Kotak Mahindra Bank, and has said to be working professionally. -Kotak Mahindra Bank has received a lot of interest from portfolio investors, private equity investors and potential strategic investors. -Kotak Mahindra Bank has entered into an ATM sharing agreement with UTI Bank, which would allow KMB's customer free access to around 800 ATM's. -Kotak Mahindra Bank has started its operations in New Delhi by inaugurating a branch Cannaught place office. -Dr.Shankar Acharya has been appointed as the Additional Director to the board of the bank. -The Board of Kotak Mahindra Bank Ltd accepts the resignation of Mr.S.A.A Pinto and Mr.M.R Punja as the Directors of the Bank. -Kotak Mahindra Investment Co Ltd. PCC a subsidiary of Kotak Mahindra Capital Company has constituted itself from a private company to a public limited co. and has changed its name to 'Global Investment Opportunities Fund Ltd'. -Kotak Mahindra bank has unveiled several home finance products options which includes Home loan, Home equity Loan, Home loan transfer and Home improvement loans. --Kotak Mahindra Bank launches online remittance services called, FUNDStoHOME for Non-resident Indians. -In reponse to the repo rate cut by theRBI, the Kotak Mahindra Bank has reduced its lending rates in home loans. -Kotak Mahindra Bank Limited has informed that the equity shares of the Bank have been delisted from the Delhi Stock Exchange Association Ltd w.e.f December 10, 2003. 2004 -Kotak Mahindra Bank Limited has informed that the Bank's equity shares will be delisted from The Stock Exchange, Ahmedabad with effect from January 20, 2004. -Kotak Mahindra Bank sets up branch in Surat -Kotak Mahindra Mutual Fund has launched Kotak Opportunities, an open-ended equity growth scheme -Kotak Mahindra Bank inks pact with Reuters 2005 -Kotak Mahindra Bank purchases stressed assets worth Rs 1,000 cr -Kotak Bank join hands with IndianNGOs.com -Kotak Mahindra Bank invests Rs 25 cr in BFW -Kotak Mahindra Bank has given the Bonus in the Ratio of 3:2 2006 -Kotak Mahindra joins hand HDFC Bank to share ATMs. -Kotak Mahindra to buy out Goldman Sachs' stake in JVs -Kotak Mahindra Bank sets up branch in Valsad -Kotak Mahindra subsidiary acquires Ford Credit's auto portfolio 2007 -Kotak Mahindra Bank Launches Home Banking, Improves Banking Experience -Kotak Mahindra Bank Launches Salary 2 Wealth -Kotak Mahindra Bank Launches Kotak Gold Debit Card -Kotak Mahindra Bank Ties up with Taxshax.com, Simplifies Filing of IT Returns 2008 - Kotak Mahindra Bank launched credit cards for its customers. 2009 -Kotak entered into tie up with Russia's top investment bank -Kotak Mahindra Bank Wins IT Team of the Year for 3rd Consecutive Time at the Banking Technology Awards 2008 2010 -Kotak Mahindra Bank has launched a credit card called Kotak Trump Card that offers 10% cash back on dining as well as movie and play spends. -Kotak Mahindra Bank (KMB) has introduced Stock Ace, a new product offering for individual customers which provides them the power of instant liquidity. -Company has splits its Face value of Shares from Rs 10 to Re 1 2011 -Kotak Bank opens 300th branch -Kotak Mahindra Bank launches interbank mobile payment service 2012 -Kotak Mahindra Bank has implemented the advanced core banking platform Finacle 10 universal solution across 355 bank branches in association with the IT bellwether Infosys. 2013 -Kotak Mahindra Bank acquires the business loans portfolio of Barclays India -Kotak Mahindra Bank launches Kotak Presidium with President Bill Clinton -Kotak Mahindra Bank bags Celent Model Bank Award for its Core Banking implementation -Kotak Mahindra Bank announces 'Onam Bonanza' for new NRI Customers -Kotak Mahindra Bank's mobile banking app among world's best in 2013 Mobile Excellence Awards -Kotak Mahindra Bank launches Kotak Multi Currency World Travel Card 2014 -Kotak Mahindra Bank launches Jifi - a first of its kind fully integrated social bank account -Kotak Mahindra Bank exclusively sets up 24 ATMs at Mumbai Metro One stations -Kotak Wealth launches 'Top of the Pyramid 2014' -Kotak Mahindra Bank Launches KayPay - World's First Bank Agnostic Instant Funds Transfer Platform Using Facebook -Kotak Mahindra Bank Becomes India's First BFSI Company To Win Prestigious Efma Awards -Kotak Mahindra Bank and ING Vysya Bank Announce Merger -Kotak Mahindra Bank Launches `Grand' - Savings Bank Account for 55+ -The Registered Office of the Bank has been shifted from "36-38A Nariman Bhavan, 227, Nariman Point, Mumbai - 400 021" to 27BKC, C 27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051, Phone : +91 22 61660000, Fax : +91 22 67132403. 2015 -Kotak Mahindra Bank Ltd has informed BSE that Reserve Bank of India has approved the scheme of amalgamation of ING Vysya Bank Limited with Kotak Mahindra Bank Limited -Kotak Mahindra Bank launched Jifi Saver, a social savings bank account -Kotak Mahindra Bank and ING Bank Sign MoU for Cross Border Business -Kotak Mahindra Bank unveils offline mobile banking app -Kotak Mahindra Bank acquires 100 per cent subsidiary, Kotak Mahindra General Insurance Company Ltd -Kotak General Insurance gets IRDAI nod to commence biz -Kotak Mahindra Bank has given Bonus shares in the ratio of 1:1 2016 -Kotak Mahindra Bank arm buys 6.8 pct stake in Diamond Power Infrastructure Ltd -Kotak Mahindra Bank Launches International Banking Unit in GIFT City -Kotak Mahindra Bank gains over 3% on RBI nod to CPPIB proposal -ING sells 2.5% stake in Kotak Mahindra Bank for Rs 3,653 crores 2017 -Kotak Mahindra Bank launches Kotak Remit Aadhaar-based Instant Forex Remittance Solution. --Kotak Mahindra Bank launches Kotak 811 Savings Account. -Kotak Mahindra Bank Ltd.has acquired 13,26,75,452 equity shares of Rs. 10 each of Kodak Mahindra Old Mutual Life Insurance Ltd.for a consideration of Rs. 1,292.7 Crore payable in cash. -Kotak Mahindra Bank launches Smart Banking 24x7 e-Lobbies. -Kotak Mahindra Bank and Zeta launch Paymint a multi-wallet digital prepaid solution for salaried employees.

Registered Office

27 BKC, C-27, G-Block, Bandra Kurla Complex, Bandra (East),

022-61660001,,,      022-67132403,



Registrar Details

Karvy Computershare Private Ltd.