SMC Global Securities Limited
Issuer Overview
SMC is a diversified financial services company in India offering brokerage services 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 (life & non-life), clearing services, mortgage advisory and real estate advisory services to corporates, institutions, high net worth individuals and other retail clients.
Issuer Highlights
- Broking house with PAN India reach: The Company is a full-service broking house in India. Their branch and Authorised Persons network, spread across 437 cities and towns and their online and digital platforms enable them to reach a large population of clients across India. As of March 31, 2024, they service their clients through a network of 188 branches including one international branch in Dubai and 2,327 registered Authorised Persons with a PAN-India presence.
- Wide range of financial products under one roof: The Company offers broking and commission generating products and services across various asset classes such as equity, commodities and currency, and other services such as depository services, clearing services, insurance broking, and the distribution of third-party financial products. They also offer investment banking, research, wealth management and real estate advisory services to their clients.
Industry
Financial Services