SMC Global Securities Limited is a diversified financial services company in India offering brokerage services across the asset classes of equities (cash and derivatives), commodities and currency, investment banking, wealth management, distribution of third party financial products, research, financing, depository services, insurance broking (life & non-life), clearing services, mortgage advisory and real estate advisory services to corporates, institutions, high net worth individuals and other retail clients.
Services of the Company:
- Brokerage Services
- Financing (NBFC)
- Investment Banking
- Wealth Management
- Distribution of Financial Products
- Portfolio Management Service
- Clearing & Depository Service
- Insurance Broking
SMC Global Securities Limited is coming up with a public issue by the company of secured, redeemable, non-convertible debentures of face value ₹ 1,000 each (“NCDs” or “debentures”), for an amount up to ₹ 75 crores (“base issue size”) with an option to retain oversubscription up to ₹75 crores, aggregating up to ₹150 crores is being offered by way of this prospectus. The issue opens for subscription on Thursday, October 16, 2025 and will close on Friday, October 24, 2025. The allotment is on a first come first serve basis with the minimum application to be made is of 10 NCDs.
SMC GLOBAL SECURITIES LIMITED NCD Details:
| Issue opens: | Thursday, October 16, 2025 | ||||
| Issue closes: | Friday, October 24, 2025 | ||||
| Allotment: | First Come First Serve Basis | ||||
| Face Value: | Rs.1,000 per NCD | ||||
| Nature of Instrument: | Secured Redeemable Non-Convertible Debentures | ||||
| Minimum Application: | 10 NCDs (Rs.10, 000) & in multiple of 1 NCD | ||||
| Listing: | BSE | ||||
| Credit Rating: | “ICRA A Stable’ (pronounced as ICRA A Stable) by ICRA | ||||
| Issue Size: | Public issue by SMC Global Securities Limited of secured, rated, listed, redeemable, nonconvertible debentures of face value of ₹1,000 each (“NCDs”) for an amount up to ₹75 Cr (“Base Issue Size”) with an option to retain oversubscription up to ₹75 Cr (“Green Shoe Option”), aggregating up to 15,00,000 NCDs for an aggregate amount of up to ₹150 Cr. | ||||
| Registrar: | Link Intime India Private Limited | ||||
| Category | I – Institutional (“QIB”) | II – Non-Institutional (“Corporates”) | III – High Net worth
Individual (“HNI”) (Amount aggregating to above ₹ 10 lakh) |
IV – Retail Individual (“Retail”) (Amount aggregating up to and including ₹ 10 lakh) | |
| Category Allocation of the overall Issue Size | 10 % of Overall Issue Size
|
25% of Overall Issue Size
|
25% of Overall Issue Size
|
40% of Overall Issue Size
|
|
SMC GLOBAL SECURITIES LIMITED NCD
Application form
Issue Break Up:
| Category | Allocation | Amount in Crs. | |||
| Base issue Issue | |||||
| Institutional Investors | 10% | 7.5 | 15 | ||
| Non Institutional Investors | 25% | 18.75 | 37.50 | ||
| HNI | 25% | 18.75 | 37.50 | ||
| Retail Individual Investors | 40% | 30 | 60 | ||
| Total | 100% | 75 | 150 | ||
Specific Terms of the Prospectus:
The terms of the NCDs offered under the Issue are as follows:
| Series | I | II | III | IV | V | VI | |
| Frequency of Interest Payment | Annual | Cumulative | Annual | Cumulative | Monthly | Annual | |
| Tenor (Months) | 24 | 24 | 36 | 36 | 60 | 60 | |
| Coupon (% per annum) for NCD Holders in Category I, II, III & IV | 9.75% | NA | 10.00% | NA | 9.80% | 10.25% | |
| Effective Yield (per annum) for NCD Holders in Category I, II, III & IV | 9.75% | 9.75% | 10.00% | 10.00% | 10.25% | 10.25% | |
| Amount (₹ / NCD) on Maturity for NCD Holders in Category I, II, III & IV |
|
₹1,204.51 | ₹1,000 | ₹1,332 | ₹1,000 | ₹1,000 |
For any queries related to the NCD, you can consult the team at Elite Wealth. Since Demat is mandatory for investing in this particular NCD, the investor must open a Demat account with a trusted broker like Elite Wealth.