Security Name: 10.40% SMC Global Securities Limited 07 Aug 2029
ISIN:
INE103C07066
Taxable
Tax Category
07 Aug, 2029
Maturity Date
(4 Yr 21 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
07 Aug, 2024
Allotment Date
NA
Put Date
07 Aug, 2025
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
IPO
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
10.4%
Coupon
Fixed Interest
Coupon Basis
Quote Not Available
Current Yield
23 Jul, 2025
Record Date
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
SMC Global Securities Limited
Established in 1990, SMC is a diversified financial services company in India offering brokerage services across the asset classes of equities (cash and derivatives), commodities and currency, investment banking, wealth management, distribution of third party financial products, research, financing, depository services, insurance broking (life & non-life), clearing services, mortgage advisory and real estate advisory services to corporates, institutions, high net worth individuals and other retail clients.
The ratio in FY24 is 2.15x and it was 1.96x in FY23, indicating increase in debt level due to increase in the borrowings of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 2.90x and it was 3.04x in FY23 indicating decrease in debt servicing ability of the issuer due to increase in Interest on borrowings from banks and financial institutions and other interest, which increased overall finance cost of the issuer .
Interest coverage ratio
Recent News
SMC Global invests Rs 100 Cr in its trading app StoxKart
Jun 18, 2024 | SMC Global Securities Limited
Ujjivan SFB partners with SMC Global Securities, shares up
Jul 15, 2024 | SMC Global Securities Limited
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STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
Clean Price
Yield (YTM)
Principal Amount
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BOND VALUE DETAILS
Face Value
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Stamp Duty
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Total Investment
| Cashflow for INE103C07066 |
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| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
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| Security Name |
|---|
| 10.40% SMC Global Securities Limited 07 Aug 2029 |
| Credit Rating |
|---|
| A / Stable by CRISIL A / Stable by ICRA |
| Coupon Frequency |
|---|
| Yearly |
| Face Value |
|---|
| ₹1,000 |
| Coupon |
|---|
| 10.400000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 07/08/2029 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Principal Amount |
|---|
| ₹NaN |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹NaN |
| Price |
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| ₹NaN |
| Yield |
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| % |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
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Quote Not Available for purchase
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
