SMC World Securities Restricted has provide you with a brand new public difficulty of secured, rated, listed, redeemable Non-Convertible Debentures (NCDs) in October 2025. The corporate goals to boost funds to satisfy its working capital necessities and common company functions. The NCDs supply engaging coupon charges starting from 9.75% to 10.25% relying on the tenure and fee frequency. Allow us to deep dive into the difficulty particulars, firm background, rates of interest, credit standing, and whether or not you need to put money into these NCDs.
About SMC World Securities Restricted
SMC World Securities Restricted, included in 1994, is a Delhi-based diversified monetary companies firm. It’s the flagship firm of the SMC Group, which operates in areas akin to securities broking, insurance coverage broking, wealth administration, funding banking, distribution of economic merchandise, actual property advisory, and NBFC lending companies by way of its subsidiaries.
The group has a robust presence throughout 424 cities in India and Dubai, with over 2,100 franchisees and an energetic consumer base of round 2 lakh prospects. The corporate is thought for its built-in presence throughout capital market and lending-related companies.
SMC World Securities NCD October 2025 – Problem Particulars
- Issuer: SMC World Securities Restricted
- Kind of Problem: Public difficulty of secured, rated, listed, redeemable NCDs
- NCD Problem Opens on 17-Oct-2025 and closes on 27-Nov-2025. (as per prospectus it reveals 27-Oct as open date and 10-Nov-25 as cut-off date, however it’s now preponed to above dates)
- Face Worth: ₹. 1,000 per NCD
- Base Problem Measurement: ₹. 7,500 Lakh
- Inexperienced Shoe Possibility: ₹. 7,500 Lakh
- Whole Problem Measurement: ₹. 15,000 Lakh
- Minimal Utility: 10 NCDs (₹. 10,000) and in multiples of 1 NCD thereafter
- Mode of Problem: In dematerialized type
- Itemizing: Proposed on BSE and NSE
- Lead Supervisor: Company Professionals Capital Personal Restricted
- Debenture Trustee: IDBI Trusteeship Providers Restricted
- Registrar: MUFG Intime India Personal Restricted
Curiosity Charges and Tenure Choices
The difficulty presents six sequence with totally different tenures and curiosity fee frequencies:
| Sequence | Tenure | Curiosity Cost | Coupon Price (p.a.) | Efficient Yield | Maturity Quantity |
|---|---|---|---|---|---|
| I | 24 months | Annual | 9.75% | 9.75% | 1,000 |
| II | 24 months | Cumulative | – | 9.75% | 1,204.5 |
| III | 36 months | Annual | 10.00% | 10.00% | 1,000 |
| IV | 36 months | Cumulative | – | 10.00% | 1,331 |
| V | 60 months | Month-to-month | 9.80% | 10.25% | 1,000 |
| VI | 60 months | Annual | 10.25% | 10.25% | 1,000 |
Credit score Scores
The NCDs are rated [ICRA] A (Secure) by ICRA. Devices with this score point out an ample diploma of security concerning well timed servicing of economic obligations and carry low credit score danger. Nonetheless, it’s one notch under the best security score.
Objects of the Problem
The online proceeds of the NCD difficulty might be utilized for the next functions:
- To satisfy working capital necessities of the corporate.
- For common company functions.
Firm Financials
Listed here are the important thing consolidated financials of SMC World Securities Restricted:
| Particulars | FY2024 | FY2025 |
|---|---|---|
| Web Working Earnings | ₹. 649 Cr | ₹. 696 Cr |
| Revenue After Tax | ₹. 188 Cr | ₹. 147 Cr |
| Web Value | ₹. 1,098 Cr | ₹. 1,220 Cr |
| Whole Property | ₹. 4,748 Cr | ₹. 4,921 Cr |
| Return on Web Value | 18.5% | 12.7% |
The corporate’s profitability has moderated in FY2025 on account of lowered buying and selling exercise and better bills. Nonetheless, its stability sheet stays sturdy with ample capitalisation and average leverage.
Why to Put money into SMC World Securities NCD
- Enticing Curiosity Charges: The NCD presents as much as 10.25% yield, which is increased than most financial institution FDs.
- Secured NCDs: Being secured devices, buyers are backed by cost on firm property.
- Various Tenure Choices: Traders can select from 2-year, 3-year, and 5-year choices with cumulative or periodic curiosity fee modes.
- Reputed Credit score Score: Rated [ICRA] A (Secure), indicating ample security.
- Established Monetary Providers Model: SMC has over 20 years of expertise within the Indian monetary market.
Why To not Put money into SMC World Securities NCD
- Reasonable Score: The score of A (Secure) is decrease than AAA-rated NCDs, indicating average credit score danger.
- Market-Dependent Enterprise: The corporate’s efficiency is linked to capital market volatility.
- Declining Revenue Margins: Profitability has declined in FY2025 in comparison with FY2024.
- No Liquidity Assure: Although listed, liquidity in NCDs post-allotment could also be low on exchanges.
- Traders can test full danger components indicated in SMC World NCD Prospectus of Oct-2025.
Learn how to Apply for SMC World Securities NCD October 2025
Traders can apply for these NCDs by way of:
- On-line by way of BSE/NSE Platforms: Utilizing BSE Direct (https://www.bsedirect.co) or NSE goBID (https://eipo.nseindia.com).
- By way of Demat Account: Through brokers or web banking beneath ‘NCD/Bond’ part.
- Minimal Funding: 10 NCDs (₹. 10,000).
- In Multiples: Multiples of 1 NCD thereafter.
Discover about Indel Cash NCD difficulty of Oct-25 presents 11.25% Curiosity
Conclusion – Ought to You Make investments?
SMC World Securities NCD October 2025 difficulty presents engaging returns as much as 10.25% each year with versatile tenure and secured construction. Nonetheless, buyers should notice that the score is just A (Secure), not AAA, and the corporate’s enterprise depends on capital market cycles. Subsequently, these NCDs are appropriate for moderate-risk buyers searching for better-than-FD returns and prepared to carry until maturity.
My View: Traders can take into account investing a small portion of their fixed-income portfolio in these NCDs for medium-term earnings, however keep away from overexposure.
FAQs
1. What’s the rate of interest provided in SMC World Securities NCD October 2025?
The NCDs supply rates of interest between 9.75% and 10.25% relying on the tenure and fee frequency.
2. What’s the minimal funding required?
The minimal utility is for 10 NCDs amounting to ₹. 10,000.
3. What’s the credit standing of those NCDs?
The difficulty is rated [ICRA] A (Secure), indicating ample security and low credit score danger.
4. Are these NCDs secured?
Sure, the NCDs are secured by property of the corporate.
5. How can I apply for these NCDs?
You’ll be able to apply on-line by way of BSE Direct or NSE goBID platform or by way of your dealer.
6. What are the difficulty dates and itemizing plans?
The NCDs might be listed on each BSE and NSE inside six working days of the difficulty closure.
7. Ought to I put money into these NCDs?
In case you are searching for steady returns with average danger, this NCD will be thought of. Conservative buyers could desire AAA-rated choices.
