(i) SMC Global is founded in 1994 and based in New Delhi, SMC is a diversified financial services company.
(ii) SMC has 89 branches throughout India with an additional office in Dubai and 1.8 million clients.
(iii) The client base ranges from the Middle class to high net worth individuals, corporates and institutional clients, Indian nationals living abroad, and international investors desiring to invest in the Indian market.
(iv) Broad footprint across 500+ cities in India supported by over 2,950 employees, approximately 2,500 sub-brokers, and 9,800+ independent distributors.
(v) Founders Subhash Chand Aggarwal and Mahesh Chand Gupta, together with their families own a controlling interest in the Company.
Business Highlights of FY19-20
1. Equity– The company’s market share in Equity Broking is 3.0 % of the total turnover of NSE & BSE in FY 19-20.
2. Commodity– In commodity broking, the SMC Global this year has generated an income of 109 Lakhs up by 37 Lakh from the last year and has a market share of 2% of the total turnover of MCX, NCDEX, ICEX, and NSE & BSE commodity
3. NBFC– The non-banking financing arm viz. Moneywise Financial Services Pvt. Ltd. (SMC Finance) has Assets under Management (AUM) of ~513 crores as on 31st Mar 2020. Since 2017, SMC Finance has demonstrated AUM growth at CAGR of 17.0% and revenue growth at CAGR of 27.0% with ROAE 6.4% (FY 2019-20) and a very comfortable CAR of 61.2%.
During the year, SMC global has increased its focus on the expansion of retail loan book (i.e. secured and unsecured products like SME-WCTL, SME-LAP, SMEAssets Finance, Loans to NBFC/MFI for onward lending, consumer durable loans, etc.) which is now at 78.0% of the total portfolio
4. Insurance– SMC Insurance Brokers Pvt. Ltd. which is a Direct Insurance Broker registered with IRDAI provides services in Life Insurance and General Insurance Category. It has a large distribution network with approx. 8,000 POS (Point of Sales), 350 MISP (Motor Insurance Service Provider). It has 45 branches as on 31 March 2020 and continued investment digital footprint solutions. In Fy19-20, the total revenue grew by 26 % to 225 Crores from 179 Crores in the previous year& Profit after tax stood at 10 Crores as compared to 11 Crores in the previous year.
|Total Available Shares:||1000|
|Face Value:||₹ 2 Per Equity Share|
|Lot Size:||100-1000 Shares|
|Current Unlisted Share Price:||₹ Best in Industry Per Equity Share|
|Retail Discount:||Bulk Deal (1%)|
|Established in 1994|
|2,267 employees, 2,500 sub-brokers, and over 9,800 independent distributors|
|Over 525,400 unique trading clients|
|Established in 2008|
|$72.2mn in secured and unsecured loans as of December 31, 2017|
|Over 12,000 clients|
|Established in 2008|
|Over 9,400 clients|
|Shareholders||Percentage of Shareholding|
|Millennium Investment and Acquisition Co. Inc (USA)||9.02%|
|Sanlam International Investment Partners Limited (South Africa)||8.36%|
|Signature Global (India) Private Limited||7.84%|
|Bennet Coleman and Company||3.83%|
|Cresta Fund Limited (Mauritius)||1.24%|
|Agbros Polymers LLP||1.40%|
Please find below the procedure for buying SMC Global Securities Limited Unlisted Shares at UnlistedZone.
Please find below the procedure for selling SMC Global Securities Limited Unlisted Shares at UnlistedZone.
Lock-in period of SMC Global Securities Limited Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the SMC Global Securities Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy SMC Global Securities Limited Unlisted Shares then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable
If you buy SMC Global Securities Limited Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of SMC Global Securities Limited Unlisted Shares Instantly?
The SMC Global Securities Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
The price of SMC Global Securities Limited Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.
If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."
We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their SMC Global Securities Limited Unlisted Shares.
Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their SMC Global Securities Limited Unlisted Shares in the unlisted market itself.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
For tracking news and other information about SMC Global Securities Limited Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.