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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


  • 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.


  • 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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  • 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/-


  • 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.

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serving over
18 Lac
unique clients
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Workforce of
Presence in500+ cities & oversease offices in Dubai
large network of
2,500+ sub-brokers & authorised persons
secure wallet
Cumulative AUM under Mutual Funds 3,000+ crores
*As on 31st March 2018


What is IPO Financing?
IPO Financing is an investment tool that used to bridge the gap between required funds and the resources at hand at a pre-defined margin; the customer only requires to pay the margin amount and the balance will be funded by SMC Finance.
What is Margin Money?
Margin money is the minimum amount that customer has to deposit to avail the IPO Financing.
What is POA Bank Account?
It is a Bank Account to be opened with SMC Finance empanelled bank on which customer creates Power of Attorney in the favour of SMC Finance.
Can I/We open the POA Bank Account in any Bank?
No, the POA Bank Account should be opened only in the SMC Finance’s choice of Bank.
Can I/We operate the POA Bank Account?
No, you cannot operate this POA Bank Account as per your wish, since you have given the operational right to SMC Finance through POA. This Account is opened specifically for funding purpose only. You will not get cheque book, ATM/Debit Card and other facilities, neither you can withdraw the amount as provided in other normal Current Bank Account. However you will get Bank Statement periodically.
How Can I/We withdraw the amount then? Or repayment be made?
You can withdraw the fund from your POA Bank Account by giving a simple request to us to transfer the requisite amount. On receiving the request, we transfer the requested amount in your other Bank Account mapped with us.
How much time it takes to receive the amount so requested?
The maximum time it will take to transfer the requested money is by next working day from the date of receiving the request. Generally the request is processed within 24 hours of receiving.
I/We have a Demat Account. Can I/We avail the IPO Financing?
For availing IPO Financing, a new Demat Account with SMC Finance choice DP is a must. Even if you have Demat Account, a new funding Demat Account has to be opened.

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SMC Global Securities Ltd | CIN : L74899DL1994PLC063609 | Registered Office: 11/6B, Shanti Chamber, Pusa Road, Delhi-110005. | Tel +91-11-30111000 | Compliance Officer: Mr. Ashok Kumar Aggarwal | Tel 011-30111000 Extn. 170 || Customer Care Email –| Complaint Email –| website:

SEBI Reg. No. INZ000199438, Member: NSE (07714), BSE (470), MSEI (1002), MCX (8200) & NCDEX (00021). DP SEBI Regn. No. CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH100001849, Mutual Funds Distributor ARN No. 29345. •Insurance services are offered through SMC Insurance Brokers Pvt. Ltd. IRDAI Regn. No: DB 272/04 License No. 289 Valid upto 27/01/2026. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.

Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Mutual Fund investments are subject to market risks. Read all scheme related documents carefully. PMS is not offered in commodity derivative segment. Insurance is the subject matter of solicitation. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. The price, value of and income from any of the securities or financial instruments mentioned in this report can fall as well as rise.

By submitting your details to SMC, you are authorizing us to send promotional communication through Call/Email/SMS/Whatsapp even though you may be registered under DND.


Toll-free : 1800-11-0909

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