SMC Global to raise up to Rs 150 crore via NCD Opens for subscription on Thursday October 16, 2025
The issue, with a face value of Rs 1,000 each, has a base size of Rs. 75 crore with a green shoe option to raise a further Rs. 75 crore, with an effective yield of up to 9.75%, 10% and 10.25% per annum spread over three tenors from 24 months, 36 months and 60 months, respectively.
The proceeds of the issue would be deployed to meet the working capital requirements of the company up to 75% of the funds raised and the balance for general corporate purposes, as per the objects of the issue filed with the regulator.
Commenting on the issue, Mr. S. C. Aggarwal, Chairman and Managing Director, SMC Global Securities Ltd., said, “This fundraise will further strengthen our liquidity position and support our growing financing and capital market businesses. The proceeds will be strategically deployed to enhance operational efficiency, expand our reach and continue delivering value-driven financial solutions to our clients.”
The NCD issue, with a A/Stable credit rating by ICRA, would be listed on BSE Limited.
The issue would close on Friday, October 24, 2025.
Corporate Professionals Capital Private Limited is the Merchant Banker to the issue, MUFG Intime India Private Limited is the registrar to the issue and IDBI Trusteeship Services Limited is the Debenture Trustee.
Established in the year 1994 and listed on BSE and NSE, SMC Group has presence in brokerage services, portfolio management services, investment banking, wealth management, distribution of financial products, financing (NBFC), insurance broking, real estate brokerage, arbitrage & HFT proprietary trading, clearing and depository services, fixed income securities, financial, mortgage and loan advisory services.
In the financial year 2024-25, the Company made its Initial Public Offering of Non-Convertible Debentures and subsequent issue of Non-Convertible Debentures in the financial year 2025-26. The Non-Convertible Debentures from both issues are currently listed and traded on BSE.
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