SMC Global Securities Limited NCD (SMC Global Securities NCD 2024) Detail

July 19, 2024 - August 1, 2024

SMC Global Securities Limited was founded in 1994 and offers diversified financial services.

The company offers brokerage services, portfolio management services, investment banking, asset management, distribution of financial products, financing (NBFC), insurance broking services, real estate broking services, clearing and depository services, fixed income securities, financial, mortgage and credit advisory services.

As of March 31, 2024, the company had a network of 188 branches, including an international branch in Dubai, and 2,327 registered authorised persons in 437 cities across India

SMC Global Securities NCD 2024 Detail

Issue Open	July 19, 2024 - August 1, 2024
Security Name	SMC Global Securities Limited
Security Type	Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base)	Rs 75.00 Crores
Issue Size (Oversubscription)	Rs 75.00 Crores
Overall Issue Size	Rs 150.00 Crores
Issue Price	Rs 1000 per NCD
Face Value	Rs 1000 each NCD
Minimum Lot size	10 NCD
Market Lot	1 NCD
Listing At	BSE, NSE
Credit Rating	CRISILA/Stable by CRISIL Ratings Limited and [ICRA] (A Stable) by ICRA Limited.
Tenor	24, 36, and 60 Months
Series	Series I to VI
Payment Frequency	Monthly, Annual and Cumulative
Basis of Allotment	First Come First Serve Basis
Debenture Trustee/s	Idbi Trusteeship Services Ltd.

NCD Allocation Ratio

Category	NCD's Allocated
Institutional	10%
Non-Institutional	25%
HNI	25%
Retail	40%

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

NCD Rating

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.

Company Promoters

Subhash Chand Aggarwal; Mahesh C Gupta; Sushma Gupta; and Damodar Krishan Aggarwal are the company's promoters.

Company Financials

SMC Global Securities Limited Financial Information (Restated Consolidated)

SMC Global Securities Limited's revenue increased by 35.32% and profit after tax (PAT) rose by 56.38% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	4,746.59	3,307.04	2,942.50
Revenue	1,645.04	1,215.65	1,120.82
Profit After Tax	188.28	120.40	174.57
Net Worth	1,095.73	932.73	926.10
Amount in ₹ Crore

Objects of the Issue

The company intends to utilize the Net Proceeds from the issue towards the following objectives:

To meet the working capital requirements.
General corporate purposes.

SMC Global Securities NCD 2024 Prospectus

› Draft Prospectus
› Red Herring Prospectus

SMC Global Securities NCD 2024 Rating

4.0

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Company Contact Information

SMC Global Securities Limited
11/6B, Shanti Chamber,
Pusa Road,
New Delhi -110 005

Phone: +91-11-30111000
Email: smcncd@smcindiaonline.com
Website: https://smcindiaonline.com/

SMC Global Securities NCD 2024 Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: smcglobal.ncd2024@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html