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May 20, 2022 - Nov 19, 2022

SMC Global Securities Ltd Buyback (SMC Global Securities Buyback) Detail

Incorporated in 1994, SMC Global Securities Limited offers financial services in India. The company is offering services across brokerage, distribution, investment banking and wealth management.

SMC Global provides a wide range of services such as Broking, Insurance, Mutual Fund Investment, Advisory services, Fixed Deposits, Portfolio Management, NPS services, Loan Against Securities, Business Loans, IPO Financing, Real Estate Advisory, etc.

SMC Global has a presence in India as well as internationally through offices in Dubai. They have a presence in 500+ cities and 2,500 registered sub-brokers and authorized personalities across India and UAE.

SMC Global Securities Buyback Detail

Issue PeriodMay 20, 2022 - Nov 19, 2022
Security NameSMC Global Securities Ltd
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹75.00 Crores
Buyback Price₹115 per share
Face Value₹2 per share
Listing AtBSE, NSE

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 1,12,082.08 90,820.11 78,413.45
Profit After Tax 17,456.85 10,501.53 2,386.17
Net Worth 92,610.38 77,270.90 68,141.91

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 86.8 77.75 82.13
Mar-2022 82.3 69.05 75.71
Feb-2022 89 68.55 77.98

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 86.4 73.85 82.48
Mar-2022 82 69.8 75.45
Feb-2022 88.65 70.05 79.71

Necessity of the Issue

The buyback aims to utilize the net proceeds towards the following objectives:

  • To improve the return on equity through the distribution of cash.
  • To improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.
  • The Buyback offer is a strategic decision of the company taken based on the assimilation of the operational cash needs in the medium term and for returning surplus funds to the members effectively and efficiently.

SMC Global Securities Buyback Documents

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Company Contact Information

SMC Global Securities Ltd
11/6B,
Shanti Chamber Pusa Road,
New Delhi – 110005

Phone: +91-11-30111000
Email: smc@smcindiaonline.com
Website: http://www.smcindiaonline.com/

SMC Global Securities Buyback Registrar

  1. Link Intime India Private Ltd
       Link Intime India Private Ltd
       C 101, 247 Park, L.B.S.Marg,
       Vikhroli (West), Mumbai - 400083

    Phone: +91-22-4918 6270
    Email: delhi@linkintime.co.in
    Website: https://linkintime.co.in/

SMC Global Securities Buyback Manager

Lead Manager(s)

  1. Corporate Professionals Capital Private Ltd

Registered Broker

  1. Globe Capital Market Limited
    Email: compliance@globecapital.com

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