SMC Global Securities Limited raised money through a public issue of secured rated, listed, redeemable non- convertible debentures, open from 2 Apr 2025 to 17 Apr 2025. Coupons of 10%–10.5% a year, tenors of 2 years–5 years, rated ICRA A. Face value ₹1,000; minimum application ₹10,000.
SMC Global Securities NCD issue: key facts
| Status | Closed |
|---|---|
| Issue opens | 2 Apr 2025 |
| Issue closes | 17 Apr 2025 |
| Coupon | 10%–10.5% a year |
| Tenor | 2 years–5 years |
| Interest payment | Monthly, Annual, Cumulative |
| Credit rating | ICRA A Stable |
| Instrument | Secured Rated, Listed, Redeemable Non- Convertible Debentures |
| Base issue size | ₹75 crore |
| Total with green shoe | ₹150 crore |
| Face value | ₹1,000 |
| Minimum application | 10 (Ten) NCDs (Rs. 10,000) either taken individually or collectively across all series of NCDs and in multiple of 1 NCD (Rs.1000) thereafter |
| Lead managers | Corporate Professionals Capital Private Limited |
| Registrar | MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) |
| Listing on | NSE |
| Symbol | SMCG02 |
Series, coupons and tenors
- S7 - Coupon 10.00%, Tenor 24 months, for All category Investors - Annual Payment
- S8 - Tenor 24 months, Payable at Maturity Rs. 1,210 for All Category Investors
- S9 - Coupon 10.25%, Tenor 36 months, for All category Investors - Annual Payment
- S10 - Tenor 36 months, Payable at Maturity Rs. 1,340.10 for All Category Investors
- S11 - Coupon 10.03%, Tenor 60 months, for All category Investors - Monthly Payment
- S12 - Coupon 10.50%, Tenor 60 months, for All category Investors - Annual Payment
As listed by NSE. "Category" refers to the investor categories in the prospectus (individuals usually fall in Categories III and IV). Cumulative series pay the amount shown at maturity instead of periodic interest.
About SMC Global Securities as a bond issuer
Before applying, see Smc Global Securities Limited: every outstanding bond and NCD with its coupon and maturity, the rating history and the company's private placements.
Other public issues by SMC Global Securities: Oct 2026 (9.5%–10%) · Oct 2025 (9.75%–10.25%) · Jul 2024 (9.94%–10.4%)
Documents and how to apply
- Prospectus NSE, zip file
- NSE public issues
While the issue is open, apply through your bank's net banking (ASBA) or your broker's app with UPI. The NCDs are credited to your demat account and listed on the exchange after allotment.
Questions and answers
What is the interest rate on SMC Global Securities NCDs?
The coupon is 10%–10.5% a year, depending on the series and investor category, for tenors of 2 years–5 years. The series list on this page gives the coupon, tenor and payment frequency of each option.
When does the SMC Global Securities NCD issue open and close?
The issue was open from 2 Apr 2025 to 17 Apr 2025, unless closed early or extended.
What is the minimum investment in the SMC Global Securities NCD issue?
10 (Ten) NCDs (Rs. 10,000) either taken individually or collectively across all series of NCDs and in multiple of 1 NCD (Rs.1000) thereafter.
What is the credit rating of SMC Global Securities NCDs?
Rated ICRA A Stable at the time of the issue. Ratings can change; check the rating agency's latest press release.
Are SMC Global Securities NCDs secured?
The issue is described as: Secured Rated, Listed, Redeemable Non- Convertible Debentures. The prospectus gives the security, the asset cover and the debenture trustee.
Other NCD issues
| Issuer | Opened | Coupon | Tenor | Rating | Issue size |
|---|---|---|---|---|---|
| Muthoot Fincorp | 23 Oct 2026 | 8.56%–9.25% | 2 years–6 years | Rated by Crisil, Brickwork | ₹500 crore |
| Nashik Municipal Corporation | 25 Feb 2026 | 8.05% | 3 years–10 years | IND AA+, CRISIL AA+ | ₹200 crore |
| IIFL Finance | 17 Feb 2026 | — | — | — | — |
| Power Finance Corporation | 16 Jan 2026 | 6.85%–7.3% | 5 years–15 years | CRISIL AAA, CARE AAA, ICRA AAA | ₹5,000 crore |
| Surat Municipal Corporation | 6 Oct 2025 | 8% | 4 years–5 years | IND AA+, CRISIL AA+ | ₹200 crore |
| Sammaan Capital | 15 Jul 2025 | 8.42%–9.95% | 2 years–10 years | CRISIL AA, ICRA AA | ₹2,000 crore |
| UGRO Capital | 3 Apr 2025 | 10%–10.5% | 18 months–42 months | IND A+ | ₹200 crore |
| Sammaan Capital | 27 Feb 2025 | 8.88%–10.75% | 2 years–10 years | CRISIL AA, ICRA AA | ₹2,000 crore |
Updated 5 Nov 2026, 10:41 pm from the NSE and BSE public issue pages. Methodology and sources
This page is for information only. It is not investment advice, a credit rating or a recommendation to buy, sell or hold any security. Facts are taken from the issuer's own documents and the sources linked on this page; check them with the source before investing.
