StockWatch
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Stockbroking & Allied
Acquisitions24 Sept 2026, 09:57 pm

SMC Global Acquires 10.57% Stake in Kheria Autocomp

AI Summary

SMC Global Securities Limited, acting as a Market Maker in the IPO of Kheria Autocomp Limited, has acquired a total of 10.57% equity shares in the target company. This includes shares acquired directly by SMC Global and through its wholly-owned subsidiary Moneywise Financial Services Private Limited and SMC India Opportunity Fund (AIF), both considered Persons Acting in Concert. Kheria Autocomp is an auto ancillary company specializing in plastic injection molding for the automotive sector, with reported turnovers of Rs. 120.30 crore in FY26. The acquisition is complete and does not involve related party transactions.

Key Highlights

  • SMC Global acquired 10.57% stake in Kheria Autocomp.
  • Acquisition made via market maker role in IPO.
  • Target company is an auto ancillary plastic component manufacturer.
  • Turnover of target company was Rs. 120.30 crore in FY26.
  • Acquisition is complete and not a related party transaction.