SMC Global files draft prospectus for up to Rs 150 crore NCD issue

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SMCGLOBAL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹82.00

prior close

₹81.93

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.9% vs market

Stockbroking & Allied peers, median of 39sector-0.1%-1.9% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.9 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-1.3

15m

-2.4

30m

-3.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0-0.1-1.9-0.1-1.9

Next day

+0.4+0.7-0.3+0.0+0.4

-1.5+2.3-3.8+0.9-2.4

-0.7+2.2-2.9+0.6-1.3

+0.7+2.6-1.9+0.4+0.2

+6.2+3.9+2.3+1.6+4.6

+3.7+2.7+1.0+0.3+3.3

15d

+30.9-1.2+32.1-1.1+32.0

+33.8-0.2+34.0+0.5+33.2

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UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SMC Global Securities has filed a draft prospectus for a public issue of secured, rated, listed, redeemable non-convertible debentures (NCDs) of face value Rs 1,000 each. Base issue size is up to Rs 7,500 lakh with a green shoe option of additional Rs 7,500 lakh, totaling up to Rs 15,000 lakh. NCDs are rated ICRA A Stable by ICRA Limited and proposed to be listed on BSE. Public comments open for one day from filing.

Likely market impact

Debt raise of up to Rs 150 crore via NCDs. No equity dilution for shareholders but adds to company debt. ICRA A Stable rating indicates adequate safety on timely servicing.