Standard Capital Markets touches the roof on raising Rs 56 crore through NCDs
Standard Capital Markets is currently trading at its upper limit of Rs. 0.88, up by 0.04 points or 4.76% from its previous closing of Rs. 0.84 on the BSE.
The scrip opened at Rs. 0.84 and has touched a high and low of Rs. 0.88 and Rs. 0.83 respectively. So far 6176567 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 3.52 on 27-Feb-2024 and a 52 week low of Rs. 0.81 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs. 0.93 and Rs. 0.81 respectively. The current market cap of the company is Rs. 152.24 crore.
The promoters holding in the company stood at 14.86%, while Non-Institutions held 85.14% stake in the company.
Standard Capital Markets has raised Rs 56 crore through the allotment of 5600 unrated, unlisted, secured Non-Convertible Debentures (NCDs), of face value of Rs 1,00,000 each at an issue price of Rs 1,00,000 each on Private Placement basis. The Board of Directors of the Company in its meeting held on January 15, 2025 has inter alia, approved the allotment of the same.
Standard Capital Markets is a Non-Banking Financial Company.
