Standard Capital Markets Reports 748% Surge in Q1 Net Profit
Standard Capital Markets Limited announced a significant increase in its Q1 financial performance. Net profit rose by 748% to ₹14.85 crore, while revenue grew by 628% to ₹58.53 crore compared to the same quarter last year. Interest income increased by 621% to ₹57.64 crore, though finance costs also rose by 817% to ₹41.00 crore. The company's EPS improved to ₹0.07, up 555% year-on-year. Additionally, the company issued 72.46 crore equity shares for loan conversion and approved the issuance of ₹900 crore in NCDs.
16May 25
Standard Capital Markets Approves ₹145 Crore NCD Allotment, Continuing Debt Raising Spree
Standard Capital Markets, a small-cap NBFC, has approved the allotment of 14,510 unrated, unlisted, secured NCDs worth ₹145 crore, maturing on May 15, 2025. This follows two recent NCD allotments of ₹170 crore and ₹130 crore, bringing the total to ₹445 crore in debt raised. The NCDs are unrated and unlisted, potentially indicating higher risk. This aggressive debt-raising strategy suggests the company is actively expanding its capital base.
15May 25
Standard Capital Secures ₹170 Crore Through NCD Allotment
Standard Capital, a micro-cap NBFC trading below ₹1, has approved the allotment of 17,000 unrated, unlisted, secured non-convertible debentures (NCDs) of Series IV. Each NCD is priced at ₹1,00,000, totaling ₹170 crore. The allotment is set for May 14, 2025, through private placement. This significant fundraising suggests potential institutional or high net-worth individual interest in the company's debt offerings, despite its low share price.
13May 25
Standard Capital Markets Secures ₹130 Crore Through Private NCD Placement
Standard Capital Markets, a small-cap NBFC, has successfully raised ₹130 crore through the allotment of 13,000 Non-Convertible Debentures (NCDs). The unrated, unlisted, secured NCDs were issued on a private placement basis with a face value and issue price of ₹1,00,000 per NCD. This fundraising effort demonstrates the company's ability to attract investor interest and could potentially be used to expand its loan portfolio, strengthen its balance sheet, and support business operations.
07May 25
Standard Capital Markets: Penny Stock Secures ₹79 Crore Through NCD Issuance
Standard Capital Markets, a penny stock trading below ₹1, has approved a significant fundraising of ₹79.00 crore through private placement of Non-Convertible Debentures (NCDs). This move is notable given the company's current market status and the substantial amount raised. The choice of NCDs suggests an intention to avoid equity dilution, while the private placement approach may offer quicker capital access with less regulatory scrutiny.
05May 25
Standard Capital Markets Secures ₹121.00 Crore Through NCD Allotment
Standard Capital Markets, a penny stock on BSE, successfully raised ₹121 crore through non-convertible debentures (NCDs) in two tranches. The board approved this fundraising on May 5, 2025. The company issued 12,100 unrated, unlisted, and secured NCDs with a face value of ₹1,00,000 each through private placement. The firm complied with SEBI regulations by informing the BSE about this development. While specific use of funds wasn't disclosed, the company had previously indicated plans for international expansion.
01May 25
Standard Capital Markets to Raise ₹900 Crore Through NCD Issuance
Standard Capital Markets Limited has approved the issuance of Non-Convertible Debentures (NCDs) worth ₹900 crore on a private placement basis. The NCDs are secured, unlisted, and unrated, divided into five series with maturities ranging from 36 to 60 months. All series offer a 10% IRR with bullet payment at maturity. The NCDs will be secured by hypothecation/pledge of the company's book receivables.
28Apr 25
Standard Capital Markets Sets Board Meeting to Discuss Fundraising and Global Expansion
Standard Capital Markets Limited (SCML) has scheduled a board meeting for April 30, 2025, to consider a fundraising proposal. This comes as the company plans to expand into international markets, subject to RBI approval. The meeting, announced to BSE Limited, could potentially shape SCML's future growth strategy and global footprint in financial services.
24Apr 25
Standard Capital Markets Limited Unveils Ambitious Global Expansion Strategy
Standard Capital Markets Limited (SCML), an Indian NBFC, has revealed plans for international expansion. The company aims to establish overseas subsidiaries, diversify services including secured and unsecured lending, trade finance, and wealth management. SCML plans to invest in digital infrastructure and compliance frameworks to support cross-border operations. The expansion is subject to regulatory approvals from the RBI and relevant international authorities. This move is part of SCML's long-term growth strategy to position itself as a competitive player in the global NBFC sector.
14Apr 25
Standard Capital Markets Redeems ₹65.60 Crore Worth of NCDs
Standard Capital Markets has redeemed 656 secured non-convertible debentures (NCDs) worth ₹65.60 crore, reducing its outstanding NCDs from 2,648 to 1,992. This partial redemption, approved by the Board on April 11, 2025, decreases the total NCD value from ₹264.80 crore to ₹199.20 crore. The redemption was funded by receivables from pledged securities, demonstrating the company's ability to convert assets into liquid funds for debt reduction.
28Mar 25
Standard Capital Markets Soars 4% on Dubai Subsidiary Announcement
Standard Capital Markets Limited (SCML) announced the incorporation of a wholly-owned subsidiary in Dubai International Financial Centre (DIFC), focusing on trade finance, invoice discounting, and project finance. This expansion aims to tap into Middle East and African markets, subject to RBI approval. The stock price rose 4% to ₹0.53, ending a 13-day losing streak. The new subsidiary will offer trade finance solutions, invoice discounting services, and tailored financial products for cross-border trade, operating in compliance with DIFC and Indian regulations.
08Mar 25
Standard Capital Markets Expands into AIF, Acquires Hong Kong Firm, and Plans Dubai Subsidiary
Standard Capital Markets Limited (SCML) has approved several strategic initiatives including entry into the Alternative Investment Fund business with a ₹50 crore commitment, acquisition of a Hong Kong-based financial firm for USD 6 million, establishment of a Dubai subsidiary with ₹100 crore investment, and a preferential issue of equity shares worth ₹94.19 crore. The company also plans to sponsor a Category III AIF and expand its lending capabilities internationally.
06Mar 25
Standard Capital Markets Hits Upper Circuit as Board Considers Preferential Issue
Standard Capital Markets, a penny stock on BSE, hit the 5% upper circuit, closing at ₹0.68. The company announced a board meeting on March 8, 2025, to discuss a potential preferential issue of securities. The trading window is closed until 48 hours after the meeting. Q3 FY2025 financials show increased income but significant losses. Investors are cautioned about the risks associated with this penny stock.
05Mar 25
Standard Capital Markets Deploys Additional ₹209 Crore to Boost Operations
Standard Capital Markets Limited (SCML) has deployed an additional ₹209 crore for operational enhancement, following a previous ₹201 crore deployment. This total investment of ₹410 crore is part of a ₹500 crore NCD issuance. The funds will be used to optimize internal processes, scale up operations, and foster long-term growth. SCML's stock hit a 5% upper circuit at ₹0.68 on BSE in response to the news.