SMC Global approves public NCD issue with total limit of up to ₹15,000 lakh
As filed · Smc Global Securities Limited has informed the Exchange regarding Outcome of Committee Meeting held on September 28, 2026.
What happened
FactSMC Global Securities’ Non-convertible Debenture Committee approved the prospectus for a public issue of secured, rated, listed and redeemable NCDs. The issue has a base size of up to ₹7,500 lakh and a green shoe option of up to ₹7,500 lakh, aggregating to up to ₹15,000 lakh through 15,00,000 NCDs of ₹1,000 each.
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnYes. So, given the current scenario, we expect basically a 15% growth over the next financial year as well, given our reinsurance segment that will also be a contributor to our revenue.
we expect operating leverage in the future quarters wherein results will flow.
Change
FactImplication
CapitSignal interpretationMargins
RevisedOperating EBITDA stood at Rs. 419.4 crores showing a slight decline of 1.5% YOY.
PAT stood at Rs. 4.1 crores with PAT margin of 1%.
Change
FactImplication
CapitSignal interpretationGuidance
Revisedwe still expect to close the closing year at about Rs. 1,250-1,300 crores.
We are expecting Rs. 170 crores.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- However, if you look at all other products apart from these two. So, in FY24 we disbursed INR 315 crores and c (management committed by FY27)
- we are hopeful that our mutual fund AUM will be double within one year. (management committed by FY27)
Evidence
- Smc Global Securities Limited has informed the Exchange regarding Outcome of Committee Meeting held on September 28, 2026.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q1 FY27
- Earlier statement · Q4 FY25
- Latest statement · Q4 FY25
- Earlier statement · Q1 FY27
- Latest statement · Q1 FY27
How CapitSignal classified this
- Reasoning:
- The approval enables SMC Global Securities to seek debt funding through a public NCD issue, although the filing does not disclose the coupon, tenor, redemption terms or intended use of proceeds. The NCDs are proposed to be listed on BSE, subject to the issue process and filings.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%