₹150.00 Cr| Listing at BSE, NSE | Wed, Apr 2, 2025 - Thu, Apr 17, 2025
SMC Global Securities Ltd. NCD issue is a public issue of secured, redeemable, non-convertible debenture with a base issue size of ₹75.00 Cr and an option to retain oversubscription up to ₹75.00 Cr, aggregating to a total issue size of ₹150.00 Cr. The NCDs are offered at a face value ₹1000 each and an issue price of ₹1000 per NCD.
SMC Global Securities Ltd. NCD issue opens on Apr 2, 2025 and closes on Apr 17, 2025. NCD are proposed to be listed on NSE and BSE.
The minimum lot size is 10 NCDs, requiring a minimum investment of ₹ 10,000 , while the market lot for trading is 1 NCD.
The issue offers interest rates ranging from 10.00% per annum to 10.50% per annum, depending on the series and tenure selected.
The NCD has been rated: .
Corporate Professionals Capital Pvt.Ltd. is the Lead Manager to the issue, IDBI Trusteeship Services Ltd. is the Debenture Trustee, and MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.
Investors are advised to refer to the NCD Offer Document for detailed information on risk factors, financials, and the terms of the issue.
Open Date
Wed, Apr 2, 2025
Close Date
Thu, Apr 17, 2025
Issue Size (Overall)
₹150.00 Cr
SMC Global Securities Limited NCD Coupon Rates
| # | 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 |
| 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 |
| Amount in ₹ Crore | ||||
Subhash Chand Aggarwal, Mahesh C Gupta, Damodar Krishan Aggarwal, Sushma Gupta, Himanshu Gupta and Pranay Aggarwal are the promoters of the company.
| Category | Allocated (%) | Shares Reserved |
|---|---|---|
| Institutional | 10.00% | 75,000 |
| Non-Institutional | 25.00% | 1,50,000 |
| HNI | 25.00% | 2,25,000 |
| Retail | 40.00% | 3,00,000 |
| Total | 100.00% | 7,50,000 |
SMC Global Securities Limited was founded in 1994 and offers diversified financial services.
The company offers brokerage services, portfolio management services, investment banking, asset management, distribution of financial products, financing (NBFC), insurance broking services, real estate broking services, clearing and depository services, fixed income securities, financial, mortgage and credit advisory services.
As of December 31, 2024, the company had a network of 205 branches, including an international branch in Dubai, and 2,327 registered authorised persons in 437 cities across India
The company intends to utilize the Net Proceeds from the issue towards the following objectives:
[Dilip Davda] This is the 2nd debt offer from SGSL. Last NCD Issue was in the month of July 2024. This NCD issue is rated ICRA A/stable. The coupon rates are lucrative considering its rating. It marked steady growth in its top and bottom lines for the reported periods. Well-informed investors looking for steady income may park funds for the medium to long term. The allotment will be on “First come – First Served” basis. Read detail review...
The SMC Global Securities NCD March 2025 was subscribed 1.84 times on Apr 17, 2025 18:28. The NCD subscribed 2.63 times in Retail, 1.12 times in HNI, 2.23 times in Non-Institutional, and 0.00 times in Institutional category.
SMC Global Securities Ltd.
11/6B, Shanti Chamber,
Pusa Road,
New Delhi -110 005
New Delhi, New Delhi, 110005
NSE and BSE offer NSEgoBid and BSEDirect apps/websites through which retail investors can apply for NCDs up to Rs 5 lakhs. Not all brokers and banks provide the facility to apply for NCD online.
To apply for an NCD online, the investor should fill in the NCD bid details online and provide the details of the DP and bank accounts (ASBA/UPI) as requested. In the case of a UPI application, the investor needs to approve the UPI mandate to complete the application process.
Steps to invest in NCD IPO through GoldenPi
Retail investors can apply for an IPO online if the investment amount is less than or up to 10 lakhs.
Steps to apply for NCD IPO with Indiabonds:
You can buy or invest in NCD IPOs through the following intermediaries:
The investor can apply for the NCD IPO online through NCD intermediaries such as a registered stockbroker, provided the broker offers an online application for the NCD IPO. Not many brokers allow you to invest in an NCD IPO online. Currently, very few brokers, such as Nuvama Wealth, Angel One, and SBI Securities, offer the facility to apply for NCD IPOs electronically. You should check with your broker or intermediary to see if the online application facility for the NCD IPO is available through them.
Refer to the detailed guidelines on NSEgoBID and BSEDirect for information on the registration process and how to apply for NCDs through the exchange.
Important links :
Read more about NCD Application Process.
The minimum amount required for NCD investment is Rs. 10,000.
Generally, the minimum lot size of NCD is 10, and the face value is 1,000.
NCD allotment can be checked on the BSE website or with the Registrar once the allotment has been made.
Steps to check the NCD allotment status at the BSE:
Alternatively, the applicant can also check the allotment status on the respective website of the Registrar for the issue. The applicant will need their PAN details or the applicant's Aadhaar number to check the status.
Generally, all applicants receive full allotment due to the retention of the oversubscription option.
Read more information on NCD Subscription and NCD Allotment Process.
No, you cannot withdraw or redeem SMC Global Securities Ltd. NCDs before maturity directly from the company. However, there are a couple of options available if you want to exit early:
If the NCDs are listed on stock exchanges (like BSE/NSE), you can:
Only possible if a "call option" exists.
Read more about NCD Subscription and Allotment Process
Bid Cancellation and Withdrawal Policy for NCD Applicants
Note:
The specific process and conditions for post-closure cancellation vary by issuer. Applicants should refer to the Offer Document for issuer-specific guidelines.
