SMC Global Securities NCD July 2024 – Effective Yield 10.40% p.a.

SMC Global Securities Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) subscription to start on July 19, 2024. SMC Global Securities will offer 10.40% interest rates on the NCDs. SMC Global Securities NCD has a rating of CRISILA/Stable by CRISIL Ratings Limited and [ICRA] (A Stable) by ICRA Limited. The NCDs tenure is for 24, 36, and 60 Months. Check out SMC Global Securities NCD 2024 details here.
SMC Global Securities NCD Issue 2024

Established in the year 1994, SMC Global Securities has a diversified financial services business model with presence in brokerage services, portfolio management services, investment banking, wealth management, distribution of financial products, financing (NBFC), insurance broking, real estate brokerage, clearing and depository services, fixed income securities, financial, mortgage and loan advisory services. As of March 31, 2024, they service their clients through a network of 188 branches including one international branch in Dubai and 2,327 registered Authorized Persons spread over 437 cities across India.


SMC Global Securities NCD July 2024 Details

NCD Issue OpenJuly 19, 2024
NCD Issue CloseAugust 1, 2024
NCD Issue SizeBase: 75 Cr. | Shelf: 150 Cr.
Price Band₹1000 per NCD
Interest RateUp to 10.40% ** (Annually)
Minimum Investment10 Bonds (₹10,000)
Listing onBSE, NSE Platform
Credit RatingCRISIL AA/Stable by CRISIL Ratings Limited,
[ICRA]AA (Stable) by ICRA Limited.
Tenor24, 36, and 60 Months
Basis of AllotmentFirst Come First Serve Basis
DRHP DocumentClick Here
RHP DocumentClick Here

SMC Global Securities NCD July 2024 Promoters

  • Subhash Chand Aggarwal, Mahesh C Gupta, Sushma Gupta, and Damodar Krishan Aggarwal are the promoters and is a professionally managed company.

How to Apply SMC Global Securities NCD July 2024 Issue?

You can apply from your existing Demat account online and offline. You can apply by downloading the form from the official website and filling up all the details with the cheque for the said amount. You can submit it to the collection centers.

SMC Global Securities NCD Review

  • Avoid

SMC Global Securities NCD July 2024 Tenure & Interest Rates

OptTenurePaymentCouponEff. Yield
124 MonthAnnual10.00%10.00%
224 MonthCumu.NA10.00%
336 MonthAnnual10.20%10.20%
436 MonthCumu.NA10.20%
560 MonthsMonth9.94%10.40%
660 MonthsAnnual10.40%10.40%

SMC Global Securities NCD Allocation Ratio

CategoryAllocation
Institutional10%
Non-Institutional25%
HNI25%
Retail40%

SMC Global Securities NCD July 2024 Lead Manager

  • Corporate Professionals Capital Private Ltd

SMC Global Securities NCD July 2024 Allotment Status

  • SMC Global Securities NCD issue allotment available on LinkIntime.

SMC Global Securities NCD July 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/

Company 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 July 2024 FAQs:


When is SMC Global Securities NCD Open?

SMC Global Securities NCD is to open on July 19 and close on August 1, 2024.

What is SMC Global Securities NCD Price?

The company has fixed the price at ₹1000 per NCD.

What is SMC Global Securities NCD Issue Size?

The NCD issue size is ₹75 crores.

On Which platform the SMC Global Securities NCD will list?

SMC Global Securities NCD will list on BSE and NSE Platforms.

How to apply for SMC Global Securities NCD?

You can apply from your existing Demat account online and offline.

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