Focus on Standard Capital Markets as Trading Session Approaches
Investors are keeping a close eye on Standard Capital Markets as it gears up for a potentially volatile trading session on Wednesday. The financial services firm recently disclosed plans to raise ₹79 crores through the issuance of non-convertible debentures (NCDs) via private placement. This news comes as the company’s share price saw a decline of 2.44% on Tuesday, closing at ₹0.40, marking a significant drop of over 20.41% in the past month.
Details of the Fundraising Initiative
In a recent exchange filing dated May 6, 2025, Standard Capital Markets confirmed the approval of 7,900 unrated, unlisted, secured NCDs. Each debenture carries a face value of ₹1 lakh, priced at the same amount, amounting to a total of ₹79 crores. The company stated:
“We wish to inform you that the Board of Directors of the Company by circulation held today, has considered and approved the allotment of these NCDs on a private placement basis.”
- Total NCDs being issued: 7,900
- Individual face value: ₹1 lakh
- Total funds raised: ₹79 crores
This announcement follows the company’s earlier decision to issue 12,100 NCDs in a separate transaction aimed at raising ₹121 crores.
Strategic Growth Plans Ahead
On the heels of its recent fundraising efforts, Standard Capital Markets is also setting its sights on international opportunities. The firm, which operates as a registered Non-Banking Financial Company (NBFC) under the Reserve Bank of India (RBI), is keen on expanding its financial services portfolio globally.
In an official statement from April 24, the company expressed its ambition:
“Standard Capital Markets Limited is pleased to announce its intent to explore international markets as part of a broader strategy to expand its financial services portfolio and strengthen its global footprint. The expansion is subject to necessary approvals and clearances from regulatory authorities, including the RBI.”
What This Means for Investors
- Increased focus on international markets: This could open up new revenue streams for Standard Capital Markets.
- Potential for share recovery: If the company successfully navigates these expansions, it may positively impact its share price in the long run.
- Monitor upcoming approvals: Regulatory approvals will be crucial for the company’s expansion strategy.
As Standard Capital Markets moves forward, stakeholders should stay informed about the developments surrounding its fundraising efforts and growth strategies. With the current fluctuations in share prices, investors might find this an opportune moment to reassess their positions in the stock.
