08 May 2025

Standard Capital Markets Gains Over 5%, Raises RS. 100 Crore via NCDs

Standard Capital Markets is currently trading at RS. 0.41, up by 0.02 points or 5.13% from its previous close of RS. 0.39 on the BSE.

The stock opened at RS. 0.40 and moved between a high of RS. 0.41 and a low of RS. 0.39. A total of 1,02,18,332 shares have been traded so far.

Classified under the BSE group 'XT', the stock with a face value of RS. 1 hit a 52-week high of RS. 1.87 on May 8, 2024, and a 52-week low of RS. 0.37 on May 7, 2025. In the past week, it recorded a high of RS. 0.49 and a low of RS. 0.37. The company's current market capitalization stands at RS. 70.93 crore.

Promoters hold 13.80% of the company’s shares, while 86.20% are held by non-institutional investors.

In a significant financial move, Standard Capital Markets has raised RS. 100 crore through the allotment of 10,000 unrated, unlisted, secured Non-Convertible Debentures (NCDs) under Series II, each with a face value and issue price of RS. 1,00,000. The approval for the allotment was given by the Board of Directors via circulation on May 7, 2025.

Standard Capital Markets operates as a Non-Banking Financial Company (NBFC).