Smc Global Securities Limited

SMC Global Securities Ltd., founded in 1994 and headquartered in Delhi, is the flagship company of the SMC Group, offering a diversified suite of financial services spanning securities broking, insurance broking, wealth management, lending, real estate advisory, and investment banking. The group maintains a presence across multiple cities, including Dubai, and serves an active client base. The company benefits from strong promoter backing, with significant stakes held by Asm Pipes Private Limited, Pulin Investments Private Limited, Mahesh C Gupta, and others, followed by foreign institutional investors and public shareholders. SMC holds a prominent position in retail equity broking, with a solid presence across cash, derivatives, commodity, and currency segments. Its discount broking platform, Stoxkart, which charges only on profitable cash transactions, has driven meaningful client growth. The group's revenue base is diversified across fund-based and fee-based services, including insurance broking, wealth management, and advisory, with continued focus on expanding its insurance broking and distribution businesses through enhanced technology. SMC's credit strengths include a long track record and established market position, adequate capitalisation, and adequate profitability indicators, notwithstanding a recent uptick attributable to capital market operations.