SMC Global Securities Limited IPO
SMCG04 · Fintech / New-age · Upcoming
Updated as on null · Source: NSE (official issue & subscription data) · Issue: The Company is proposing a Public Issue of secured, rated, listed, redeemable, non-convertible debentures of face value of Rs.1,000 each (NCDs) for an amount up to Rs.7,500 Lakh (Base Issue Size) with an option to retain oversubscription up to Rs.7,500 Lakh (Green Shoe Option), aggregating up to 15,00,000 NCDs for an aggregate amount of up to Rs.15,000 Lakhs (Issue Size OR Issue Limit) (hereinafter referred to as the Issue)
Traddx read: Opens soon
- Bidding hasn't opened yet — demand data will appear once the issue goes live. Check the price band, issue size and sector peers below in the meantime.
SMC Global Securities Limited is an upcoming issue in the Fintech / New-age space, with a price band of Rs.1000 and an issue size of ₹300 Cr. Traddx's read is based on official subscription demand and how listed peers are valued — see the breakdown below.
Subscription by category
| Investor category | Times subscribed |
|---|---|
| Total | 0.00× |
How the sector is valued (listed Fintech / New-age peers)
| Company | Price | P/E | P/B | Net margin |
|---|---|---|---|---|
| ETERNAL | ₹313.5 | 114.84 | — | 17.47% |
| SWIGGY | ₹238.0 | -31.61 | — | 14.22% |
| MEESHO | ₹218.75 | 69.22 | — | 16.9% |
| FIRSTCRY | ₹174.8 | 87.4 | — | 3.18% |
Compare the IPO's asking price against what already-listed peers trade at — a much richer valuation than peers usually signals a pricey issue.