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Testimonials

SMC has offices throughout India, so we can reach clients efficiently practically anywhere.
Our personalized service and streamlined documentation gets your product to you faster.

Mr. Arvind Pal

Testimonials
SMC has offices throughout India, so we can reach clients efficiently practically anywhere.
Our personalized service and streamlined documentation gets your product to you faster.
Mr. Arvind Pal
Home > 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.
  • One time documentation process for all upcoming issues.
  • Same account can be used to avail loan against securities facility also.
  • Attractive Interest rates.
  • Loan available for Retail Application.
  • Increased chances of getting higher allotment.

 

 
 
 
For more information
please write to us at
response@smcfinance.com



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

 

  • 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
  • KYC Documents
  • Demat Account with POA
  • Bank Account with POA
  • FATCA Declaration
  • 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.

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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Capital Market Loans > IPO/NCD Financing    
img1
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

 

Testimonials

SMC has offices throughout India, so we can reach clients efficiently practically anywhere.
Our personalized service and streamlined documentation gets your product to you faster.

Mr. Arvind Pal

Testimonials
SMC has offices throughout India, so we can reach clients efficiently practically anywhere.
Our personalized service and streamlined documentation gets your product to you faster.
Mr. Arvind Pal
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

 

 

ELIGIBILITY


  • 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
  • Basic KYC Documents
  • Signing of LAS Kit
  • POA for Demat Account
  • FATCA Declaration

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.

FAQS

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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