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Home  > Products > Financing > IPO/NCD Financing (Retail)

IPO/NCD Financing (Retail)

IPO (Initial Public Offer) investment is one of the most lucrative options available for investors. IPO Financing offers an excellent opportunity to leverage your own funds in primary market and thereby increase the quantum manifold. SMC Finance here gives option to the investors to get the requisite funds needed to subscribe to IPOs/FPOs and NCDs.

For IPO/NCD financing, investors just need to bring in the margin money and the rest amount will be funded by SMC Finance. This facilty provides the investor to apply for more shares despite the resource constraints.

*IPO = Initial public offer; FPO= Further public offer; OFS = Offer for sale; NCDs = Non-convertible debentures

Features

  • For applying in public issues: IPOs/FPOs, OFS, NCDs, Tax-free Bonds.
  • Loan available to retail investors.
  • Loan amount upto Rs. 2 lacs in IPO/FPO/OFS and upto Rs. 10 lacs in NCDs/ Bonds.
  • Pay only nominal margin amount.
  • Option to deposit margin in form of your existing Demat securities also (instead of cash).
  • Finance available after listing of securities also.

Advantages

  • No Hidden Charges.
  • Qucik turn-around times.
  • Attractive Interest rates.
  • Increased chances of getting higher allotment.
  • One time documentation process for all upcoming issues.
  • Same account can be used to avail loan against securities facility also.
  • Loan available for Retail Application.

Need A Loan

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Eligility

  • Individuals (should be major) or HUF
  • Holder of Valid PAN Card

Service Charges

  • Account openign charge of Rs. 599/- for POA Demat Account (to be paid to DP)
  • Account opening charge of Rs. 400/- for SMC Funding Account
  • Cheque bouncing charge of Rs. 750/-

Documentation

  • Application Form
  • Demat Account with POA
  • FATCA Declaration
  • KYC Documents
  • Bank Account with POA

Terms & Conditions

  • Lien on securities, if allotted.
  • Proceeds from Sale of Securities to be routed through POA Bank Account.
  • Please ensure all applications / consent should reach one day before the closing of IPO/ FPO / NCD. Acceptance at the discretion of SMC Finance.

About SMC

Established in 1990, SMC is one of the leading and well-diversified financial services companies in India offering services across brokerage (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 and clearing services and real estate advisory services to corporate, institutional, high net worth individuals and other retail clients.

serving over
18 Lac
unique clients
Workforce of
3000+
employees
Presence in500+ cities & oversease offices in Dubai, New York,
Orlando & Atlanta
large network of
2,500+ sub-brokers & authorised persons
Cumulative AUM under Mutual Funds 1,865+ crores
*As on June 2016

FAQs

What is IPO Financing?
What is Margin Money?
What is POA Bank Account?
Can I/We open the POA Bank Account in any Bank?
Can I/We operate the POA Bank Account?
How Can I/We withdraw the amount then? Or repayment be made?
How much time it takes to receive the amount so requested?
I/We have a Demat Account. Can I/We avail the IPO Financing?

Follow us:

SMC Global Securities Ltd., Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000, Fax: (011) 25754365, Website- www.smctradeonline.com , CIN : U67120DL1997PLC188881, NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432 , CDSL/NSDL-IN-DP-130-2015, NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 (SMC Comtrade Ltd.) PMS INP000003435 (SMC Investments and Advisory Ltd.)

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing.

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