(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 |
| ISIN: | INE103C01036 |
| 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 |
| 63 employees |
| $72.2mn in secured and unsecured loans as of December 31, 2017 |
| Over 12,000 clients |
| Established in 2008 |
| 338 employees |
| Over 9,400 clients |
| Shareholders | Percentage of Shareholding |
| Promoters | 62.05% |
| 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% |
| Date | Revenue | EBITDA | OPM | PAT | NPM | Shares | F.V. | EPS |
| 2019 | 75,947.07 | 16,510.78 | 22% | 7,476.25 | 10% | 1,131.35 | 2 | 6.61 |
| 2020 | 78,413.45 | 12,427.65 | 16% | 2,386.17 | 3% | 1,131.35 | 2 | 2.11 |
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History of the company
1990 – S.C. Aggarwal and Mahesh C Gupta started equity broking business through Delhi Stock Exchange.
• 1994 – SMC was founded
• 1995 – Equity brokerage and arbitrage
• 2003 – Commodity brokerage
• 2005 – Research services
• 2006 – Distribution of financial products and insurance brokerage
• 2006 – Overseas branch in Dubai was established
• 2008 – Online trading and currency brokerage Wealth management, investment banking and financing
• 2009 – Auto insurance brokerage agreement with Honda Cars India Limited
• 2014 – Real estate, mortgage and loan advisory
• 2016 – SMC Global IFSC acts as a stock broker & clearing member on derivative segment of the India International Exchange and NSE IFSC Exchange in Gujarat (GIFT City)
• 2017 – SMC Insurance POS enroll a new distribution partner POS approved by IRDA for selling general insurance and life insurance products
• 2017 – NBFC crossed loan book size of INR500cr in Oct 2017, thereby qualifying to be called