SMC Global Securities Limited has acquired a 10.57% equity stake in Kheria Autocomp Limited, acting as the market maker for the auto ancillary firm's recent initial public offering (IPO). The aggregate holding, including persons acting in concert, comprises 16,75,200 shares acquired through both IPO allotment and open market purchases.

The transaction was disclosed to stock exchanges on September 24, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. SMC Global Securities acted as the market maker for Kheria Autocomp, which listed on the NSE Emerge platform on the same date. The acquisition does not constitute a related party transaction.

Acquisition Breakdown

The total stake of 10.57% was built through two primary mechanisms: shares allotted in the IPO and subsequent open market purchases. SMC Global Securities Limited directly holds 3.30% of the target company's equity share capital. The remaining portion is held by its wholly owned subsidiary, Moneywise Financial Services Private Limited, and the SMC India Opportunity Fund, both of which are persons acting in concert with the listed entity.

Financial Details of the Target

Kheria Autocomp Limited is an auto ancillary company specializing in plastic injection moulding for the automotive sector. The company operates as a Tier-II supplier, producing components for Tier-I vendors who supply original equipment manufacturers. Its product portfolio includes interior cabin trims, exterior plastic parts, under-hood components, and HVAC ducts for both internal combustion engine and electric vehicles.

The target company's financial performance shows consistent growth over the last three fiscal years. The equity shares were issued at ₹101 per share in the IPO, which comprised 45,98,400 equity shares.

Cost of Acquisition

SMC Global Securities Limited acquired 2,30,400 shares in the IPO at the issue price of ₹101 per share, costing ₹2,32,70,400. Additionally, the company purchased 2,92,800 shares in the open market on September 24, 2026, at an average price of ₹104.73 per share, amounting to ₹3,06,64,944. The subsidiaries acquired their respective stakes entirely through IPO allotments at the issue price.

What the Numbers Show

The acquisition highlights SMC Global Securities' dual role as both a capital markets intermediary and an investor. While the company served as the market maker to ensure liquidity for Kheria Autocomp's listing, it simultaneously leveraged its subsidiary and fund vehicles to secure a significant majority of the total acquired stake (7.27% out of 10.57%). This structure suggests a strategic alignment between the brokerage's market-making obligations and its proprietary investment arm's exposure to the SME sector, particularly in high-growth auto ancillary segments where revenue nearly doubled from FY24 to FY26.

SMC Global Securities Limited will interact virtually with analysts and institutional investors on Tuesday, September 29, 2026. The session is scheduled from 4:00 pm to 5:00 pm IST as part of the Bharat Connect Conference – Rising Stars, 2026.

The company announced this schedule in a filing to stock exchanges on September 23, 2026. The event is organized by Arihant Capital Markets Ltd. Discussions during the meeting will be based exclusively on publicly available information. SMC Global Securities stated that no unpublished price sensitive information (UPSI) will be shared during the interaction.

Meeting details

The interaction is conducted via video conference. The specific timing and platform details were disclosed in the regulatory filing.

Regulatory compliance

This intimation is made pursuant to Regulation 30 read with Part A of Para A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the date is subject to change due to exigencies on the part of the company or analysts and investors. The information is also available on the company's website.