SMC Global Securities Limited NCD: Important Details to Checkout

  • 31-Mar-2025
  • 2 mins read
SMC Global Securities NCD

SMC Global Securities Limited NCD: Important Details to Checkout

SMC Global Securities NCD issue opens on April 2, 2025 and closes on April 17, 2025. It is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs). The overall issue size is Rs 75 crores. The NCD issue price is Rs 1000 per NCD, and the face value is Rs 1000 for each NCD. The minimum lot size is 10 NCD.

The allotment is on a first-come, first-serve basis. The listing is on BSE & NSE and the tenor is 24, 36 and 60 months. The lead manager of SMC Global Securities Limited NCD is Corporate Professionals Capital Private Ltd, and the registrar of this NCD is Link Intime India Private Ltd.

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SMC Global Securities NCD: Important Details

Issue Open

April 2, 2025 - April 17, 2025

Security Name

SMC Global Securities Limited

Security Type

Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)

Issue Size (Base)

Rs 75.00 Crores

Issue Size (Oversubscription)

Rs 75.00 Crores

Overall Issue Size

Rs 150.00 Crores

Issue Price

Rs 1000 per NCD

Face Value

Rs 1000 each NCD

Minimum Lot size

10 NCD

Market Lot

1 NCD

Listing At

BSE, NSE

Credit Rating

CRISILA/Stable by CRISIL Ratings Limited and [ICRA] (A Stable) by ICRA Limited.

Tenor

24, 36, and 60 Months

Series

Series VII to XII

Payment Frequency

Monthly, Annual and Cumulative

Basis of Allotment

First Come First Serve Basis

Debenture Trustee/s

Mitcon Credentia Trusteeship Services Limited

SMC Global Securities Limited: About the Company

SMC Global Securities Limited, incorporated on December 19, 1994, at New Delhi, is a full-service financial services company in India. The organization is a Trading-cum-Clearing member of leading stock exchanges, the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), through which it conducts trading in diverse asset classes such as equities, derivatives, and commodities.

SMC has expanded its services over the years to cover investment banking, wealth management, and financial advisory services. It also offers a strong online trading platform and has extended its reach through a network of around 2,680 sub-brokers in more than 460 cities in India. SMC is regulated by the Securities and Exchange Board of India (SEBI) and is known for its client-centric approach and innovative digital strengths. The company is continuously growing, planning to have a strong presence in national as well as foreign markets.

SMC Global Securities NCD: Objectives

The Company plans to utilise the net proceeds from the Issue to meet the working capital requirements and a certain portion of the funds will be allocated for general corporate purposes.

SMC Global Securities Limited: Financial Performance (Amt in Rs Crore)

Period Ended

31 Dec 2024

31 Mar 2024

31 Mar 2023

31 Mar 2022

Assets

4,892.88

4,746.59

3,307.04

2,942.5

Revenue

1,360.91

1,645.04

1,215.65

1,120.82

Profit After Tax

144.75

189.1

125.43

176.22

Coupon Rates of SMC Global Securities Limited NCD 2024

#

Series 1

Series 2

Series 3

Series 4

Series 5

Series 6

Frequency of Interest Payment

Annual

Cumulative

Annual

Cumulative

Monthly

Annual

Nature

Secured

Secured

Secured

Secured

Secured

Secured

Tenor

24 Months

24 Months

36 Months

36 Months

60 Months

60 Months

Coupon (% per Annum)

10%

NA

10.25%

NA

10.03%

10.5%

Effective Yield (% per Annum)

10%

10%

10.25%

10.25%

10.5%

10.5%

Amount on Maturity (In Rs.)

Rs 1,000

Rs 1,210

Rs 1,000

Rs 1,340.1

Rs 1,000

Rs 1,000

SMC Global Securities NCD Rating, NCD Review

SMC Global Securities NCD have received a rating of CRISILA/Stable by CRISIL Ratings Limited and [ICRA] (A Stable) by ICRA Limited. 

How do I apply for SMC Global Securities Limited NCD?

You can click here to apply for the SMC Global Securities NCD.

FAQs

1.      What is NCD?

A Non-Convertible Debenture is a fixed-income financial instrument that cannot be converted into equity shares and pays a fixed rate of interest to investors over a specific period. To read more about NCDs click here.

2.      When will the SMC Global Securities Limited NCD be open for subscription?

SMC Global Securities Limited NCD issue opens on April 2, 2025, and closes on April 17, 2025.

3.      What is the issue size and price of the NCD?

The overall subscription issue size is Rs 75 crores. SMC Global Securities NCD issue price is Rs 1000 per NCD, and the face value is Rs 1000 for each NCD. The minimum lot size is 10 NCD.

4.      How can I apply for the SMC Global Securities Limited NCD?

You can click here to apply for the SMC Global Securities NCD. 

5.      Who is appointed as a registrar of SMC Global Securities Limited NCD?

Link Intime India Private Ltd is appointed as the registrar for SMC Global Securities NCD.

6.      Lead manager for the SMC Global Securities Limited NCD?

Corporate Professionals Capital Private Ltd is the lead manager for this NCD issue.


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