Share India Securities Approves ₹50 Crore NCD Issue; Stock Jumps More Than 17%

New Delhi, October 16, 2025: Share India Securities Limited (NSE: SHAREINDIA, BSE: 540725)shares saw a steep rise of almost 18% in initial Thursday trading after the finance committee of the company okayed a ₹50 crore issue of Non-Convertible Debentures on a private placement basis. The action is expected to consolidate the company’s funding platform and further its continuous business development.

Fundraising Approval and Structure

As per the filing of the company, Share India Securities has been granted board sanction to issue up to 5,000 secured, listed, rated, taxable, and redeemable NCDs with a face value of ₹1,00,000 each, aggregating ₹50 crore. The NCDs will have a coupon rate of 10.50% per annum payable monthly and have a maturity over a period of 712 days from the deemed allotment date.

The principal repayment will be done in quarterly amounts of 12.5% of the face value. The NCDs will be listed on the BSE Wholesale Debt Market (WDM) segment to enhance liquidity for investors.

The issue will be supported by a 1.5x cover of security, established by way of hypothecation of Margin Trading Facility (MTF) receivables, trade securities, and other current assets. The promoters will also provide a personal guarantee, which will provide greater credit comfort for the investors.

As a default option, the company has suggested an additional coupon rate of 2% to be charged until the settlement of dues.

Market Reaction and Stock Performance

Share India’s stock started strongly at ₹152 and as of 10:47 am IST on October 16, the stock is trading at ₹175.66, up ₹26.74 or 17.96%. The trading volume rose to 43.9 lakh shares, showing strong investor interest after the issue of fundraising.

As of the latest available, the company’s market value was at ₹3,743.9 crore, while its price-to-earnings (P/E) ratio was at 10.46.

Company Overview

Established in 1994 and based in Gandhinagar, Share India Securities Limited is a diversified financial services group involved in equity and commodity broking, portfolio management, research, depository services, and algorithmic trading solutions. The company is a member of several major exchanges — NSE, BSE, MCX, NCDEX, and MSEI — and is a Depository Participant with CDSL.

With its growing fintech-led platform and stable financial performance, Share India Securities continues to solidify its position in India’s emerging capital markets ecosystem. The issuance of NCDs is another move in the direction of optimally utilizing its balance sheet and accessing long-term funds for future expansion.

REF: https://nsearchives.nseindia.com/corporate/SISL_14102025163254_Reg30NCDABFL14102025.pdf

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