SMC Global Securities Advances NCD Issue Dates, Cites Strong Investor Interest

1 min read     Updated on 13 Oct 2025, 01:35 PM
scanx
Reviewed by
Radhika SahaniScanX News Team
Overview

SMC Global Securities Limited has revised the schedule for its upcoming Non-Convertible Debentures (NCDs) public issuance. The Issue Opening Date has been moved to October 16, 2025, from the earlier October 27, 2025, while the Issue Closing Date is now set for October 24, 2025, instead of November 10, 2025. The base issue size remains Rs. 7,500.00 Lakh with a green shoe option of additional Rs. 7,500.00 Lakh. The company has filed an Addendum cum Corrigendum to the Prospectus with relevant authorities to reflect these changes.

21888352

*this image is generated using AI for illustrative purposes only.

SMC Global Securities Limited , a prominent player in the Indian financial services sector, has announced a significant change to its upcoming Non-Convertible Debentures (NCDs) public issuance schedule. The company has decided to prepone the issue dates, citing encouraging investor interest and early receipt of necessary approvals.

Revised Schedule

The Non-Convertible Debenture Committee of the Board of Directors, in a meeting held on October 13, 2025, approved the following changes to the NCD issue schedule:

Particulars Revised Schedule Earlier Schedule
Issue Opening Date October 16, 2025 October 27, 2025
Issue Closing Date October 24, 2025 November 10, 2025

Issue Details

The NCD issue remains unchanged in its core structure:

  • Base Issue Size: Rs. 7,500.00 Lakh
  • Green Shoe Option: Additional Rs. 7,500.00 Lakh
  • Debenture Type: Secured, Rated, Listed, Redeemable
  • Face Value: Rs. 1,000.00 per NCD

Regulatory Compliance

SMC Global Securities has taken necessary steps to ensure regulatory compliance with the revised schedule:

  1. Approval of an Addendum cum Corrigendum to the Prospectus dated September 30, 2025.
  2. Filing of the updated documents with the Registrar of Companies, National Capital Territory Delhi and Haryana, SEBI, and BSE Limited.

The company has stated that the Addendum cum Corrigendum to the Prospectus will be available on the websites of SEBI, BSE Limited, National Stock Exchange of India Limited, and the company's own website.

Market Implications

The decision to advance the NCD issue dates suggests a positive market sentiment towards SMC Global Securities' offering. It reflects the company's confidence in the strong investor interest and its readiness to capitalize on favorable market conditions.

Investors and market participants are advised to take note of these revised dates and refer to the updated prospectus for any additional changes or information regarding the NCD issue.

As the financial services sector continues to evolve, such strategic moves by established players like SMC Global Securities can provide valuable insights into market trends and investor appetites in the Indian capital markets.

Historical Stock Returns for SMC Global Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%+5.67%-0.24%+29.93%+1.43%+44.15%
SMC Global Securities
View in Depthredirect
like20
dislike

SMC Global Securities Approves Massive Rs 15,000 Crore Non-Convertible Debenture Issue

1 min read     Updated on 30 Sept 2025, 09:12 PM
scanx
Reviewed by
Jubin VergheseScanX News Team
Overview

SMC Global Securities' Non-convertible Debenture Committee has approved a public issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs). The issue has a base size of Rs 7,500 crore with a green shoe option of an additional Rs 7,500 crore, totaling up to Rs 15,000 crore. The NCDs, with a face value of Rs 1,000 each, are rated 'ICRA A Stable' by ICRA Limited. They will be secured by a pari passu charge over the company's trade receivables and margin trading facility, maintaining a 110% security cover. The NCDs will be listed on BSE and NSE, with BSE as the Designated Stock Exchange.

20792553

*this image is generated using AI for illustrative purposes only.

SMC Global Securities Limited , a prominent player in the Indian financial services sector, has taken a significant step to bolster its capital base. The company's Non-convertible Debenture Committee has given the green light to a substantial public issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs).

Issue Details

The approved prospectus outlines an ambitious NCD issue with the following key features:

  • Base Issue Size: Rs 7,500.00 crore
  • Green Shoe Option: Additional Rs 7,500.00 crore for oversubscription
  • Total Issue Size: Up to Rs 15,000.00 crore
  • Face Value: Rs 1,000.00 per debenture
  • Credit Rating: 'ICRA A Stable' by ICRA Limited for up to Rs 40,000.00 crore

Security and Listing

The NCDs will be secured by a pari passu charge over the company's trade receivables and margin trading facility. SMC Global Securities has committed to maintaining a security cover of at least 110% of the outstanding principal and interest.

The company has received in-principle approval from BSE Limited for listing the NCDs, with BSE serving as the Designated Stock Exchange for this issue.

Key Points from LODR Data

Additional details from the company's latest LODR filing reveal:

  • The Non-convertible Debenture Committee meeting was held on September 30, 2025.
  • The prospectus will be filed with the Registrar of Companies, National Capital Territory Delhi and Haryana, SEBI, and BSE Limited.
  • The NCDs will be listed on both BSE Limited and the National Stock Exchange of India Limited.
  • The Deemed Date of Allotment will be the date on which the Board or a duly authorized committee approves the Allotment of NCDs.

Investor Information

Potential investors can access the prospectus on the websites of SEBI ( www.sebi.gov.in ), BSE Limited ( www.bseindia.com ), National Stock Exchange of India Limited ( www.nseindia.com ), and SMC Global Securities' own website ( www.smcindiaonline.com ).

This substantial NCD issue by SMC Global Securities represents a significant move in the Indian financial markets, potentially providing investors with a new opportunity in the debt market while allowing the company to raise substantial capital for its operations and growth initiatives.

Historical Stock Returns for SMC Global Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-1.00%+5.67%-0.24%+29.93%+1.43%+44.15%
SMC Global Securities
View in Depthredirect
like16
dislike
More News on SMC Global Securities
Explore Other Articles
137.52
-1.39
(-1.00%)