SMC Global Securities Limited has closed its Non-Convertible Debenture (NCD) issue a week ahead of schedule, with the board's Non-Convertible Debenture Committee approving early closure on October 8, 2026. The issue was originally scheduled to close on October 16, 2026, but strong investor interest prompted the early shutdown on October 9, 2026. According to latest updates, the closure was made in compliance with applicable SEBI regulations, with the company set to publish newspaper advertisements and update its website to signal the strong subscription or strategic timing considerations for investors and stakeholders.
The company launched the NCD issue under a prospectus dated September 28, 2026, offering Secured, Rated, Listed, Redeemable, Non-Convertible Debentures with a face value of ₹1,000 each. As reported by The Hindu BusinessLine, the base issue size was ₹7,500 lakh, with a Green Shoe Option to retain oversubscription of an equal amount, bringing the total issue limit to ₹15,000 lakh covering up to 15,00,000 NCDs. The strong investor response led to the early closure, demonstrating significant market interest in the debt instrument.
On the equity side, SMC Global's shares were trading at ₹108.73 on the NSE at 3:07 PM on Thursday, down 1.37% from the previous close of ₹110.24. According to The Hindu BusinessLine, the stock, which hit a 52-week high of ₹120 two days earlier on October 6, has delivered returns of over 53% in the past year against the Nifty 50's decline of around 11% in the same period. The company's strong performance in both debt and equity markets reflects positive investor sentiment across its business segments.
