₹150.00 Cr| Listing at BSE, NSE | Fri, Jul 19, 2024 - Thu, Aug 1, 2024
| Bid/Offer Opens On | July 19, 2024 |
| Bid/Offer Closes On | August 1, 2024 |
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) | 10.00% | NA | 10.20% | NA | 9.94% | 10.40% |
| Effective Yield (% per Annum) | 10.00% | 10.00% | 10.20% | 10.20% | 10.40% | 10.40% |
| Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,210.00 | Rs 1,000.00 | Rs 1,338.27 | Rs 1,000.00 | Rs 1,000.00 |
The following categories of persons are eligible to apply in the Issue:
The SMC Global Securities NCD 2024 NCD issue size is ₹75.00 Cr.
Shares offered in SMC Global Securities NCD 2024 are as below:
| Category 1 (QIB) | 75000 |
| Category 2 | 187500 |
| Category 3 (HNI) | 187500 |
| Category 4 (Retail) | 300000 |
No, NRI's are not eligible to apply in this Issue.
You could check SMC Global Securities NCD 2024 NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).
Note that there is no official source of GMP Rate as they are over-the-counter transactions.
The NCD's are proposed to be listed on BSE, NSE.
Applicants are allocated NCD's on a First Come First Serve Basis.
You can check SMC Global Securities Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.
It is hard to say at what price SMC Global Securities NCD 2024 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.
The NCDs proposed to be issued under this Issue have been rated 'CRISILA/Stable' (pronounced as CRISIL A rating with Stable outlook) by CRISIL Ratings Limited for an amount of up to ₹17,500 Lakhs, and rated '[ICRA] (A Stable)' (pronounced as ICRA A rating with a stable outlook) by ICRA Limited for an amount of up to ₹40,000 Lakhs.
Sorry, we do not provide NCD recommendations. But we share a lot of information about SMC Global Securities NCD 2024 which could help you with questions like SMC Global Securities NCD 2024 buy or not? You should also read SMC Global Securities NCD 2024 Analysis from experts and check the daily subscription status.
It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.
SMC Global Securities Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.
