
SMC Global Securities Files Draft Prospectus for ₹15,000 Lakh NCD Issue
SMC Global Securities Ltd has submitted a Draft Prospectus for a public issue of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs). The issue aims to raise up to ₹7,500 Lakhs (Base Issue Size) with an option to retain oversubscription up to ₹7,500 Lakhs (Green Shoe Option), aggregating to a total issue size of ₹15,000 Lakhs. The NCDs have a face value of ₹1,000 each. The Draft Prospectus, approved by the Non-Convertible Debenture Committee, has been forwarded to SEBI for public comments and will be available on the websites of SEBI, BSE, the Lead Manager, and the Company. This issuance is in compliance with SEBI NCS Regulations, 2021, and the Companies Act, 2013. The issue is not proposed to be underwritten.
Key Highlights
- SMC Global Securities plans to raise up to ₹15,000 Lakhs via NCD issuance.
- The NCDs are secured, rated, listed, and redeemable.
- Draft Prospectus submitted to SEBI for public comments.
- Issue size includes a base size of ₹7,500 Lakhs and a green shoe option.
Price Impact
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