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.