SMC Global approves public NCD issue of up to Rs. 15,000 lakh
As filed · Committee Meeting Updates
What happened
FactSMC Global Securities’ Non-Convertible Debenture Committee approved the terms and Draft Prospectus for a public issue of secured, rated, listed and redeemable NCDs on September 15, 2026. The issue comprises a Base Issue Size of up to Rs. 7,500 lakh and a Green Shoe Option of up to Rs. 7,500 lakh, aggregating up to 15,00,000 NCDs.
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 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 15, 2026.(opens the original filing in a new tab)
- Earlier statement · Q4 FY26
- Latest statement · Q1 FY27
- Earlier statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- The approval enables SMC Global Securities to proceed with a public debt raise of up to Rs. 15,000 lakh, subject to the Draft Prospectus and specified issue terms. The NCDs are intended to be secured by a pari passu charge over the Company’s trade receivables and MTF with existing secured creditors.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%