SMC Global Securities announces ₹15,000 lakh NCD public issue

SMC Global Securities Limited has announced a public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) with a face value of ₹1,000 each. The base issue size is up to ₹7,500 lakh, with an option to retain oversubscription up to ₹7,500 lakh, totaling an issue limit of ₹15,000 lakh. This issuance was approved by the Non-convertible Debenture Committee on September 30, 2025.

The NCDs, rated 'ICRA A Stable' by ICRA Limited, will be listed on BSE Limited, which granted 'in-principle' approval on September 12, 2025. The issue will be open for subscription from Monday, October 27, 2025, to Monday, November 10, 2025. Proceeds will fund working capital requirements (at least 75%) and general corporate purposes (up to 25%).

The company has a diversified financial services business model, serving clients through 210 branches and 2,137 registered authorized persons across India as of June 30, 2025. It reported a consolidated PAT of ₹147 crore in FY2025 on an asset base of ₹4,921 crore.