SMC Global Securities Acquires 10.57% Stake in Kheria Autocomp for ₹16.97 Crore
SMC Global Securities Limited acquired 10.57% stake in Kheria Autocomp Limited via IPO and open market purchases. The company, along with PACs, holds 16,75,200 equity shares. The acquisition cost is approximately ₹16.97 crore. Kheria Autocomp is an auto ancillary company with FY26 turnover of ₹120.30 crore.
The acquisition represents a new venture into the auto ancillary sector, which may have a moderate impact on SMC Global Securities' overall business diversification and market presence.
The acquisition of a significant stake in another company is generally viewed as a positive development, indicating strategic expansion or market participation.
SMC Global Securities Limited has announced its role as a Market Maker in the initial public offer (IPO) of Kheria Autocomp Limited, leading to the acquisition of a 10.57% stake in the target company. This acquisition, along with Persons Acting in Concert (PACs), amounts to 16,75,200 equity shares.
The company's direct acquisition includes 5,23,200 equity shares, comprising 2,30,400 shares allotted in the IPO as the Market Maker and 2,92,800 shares purchased from the open market on 24th September 2026. The shares allotted in the IPO were at an issue price of ₹101 per equity share, totaling ₹2,32,70,400 for SMC Global Securities Limited. The open market purchase on 24th September 2026 was at an average price of ₹104.73 per equity share, amounting to ₹3,06,64,944.
Moneywise Financial Services Private Limited, a wholly-owned subsidiary and PAC, was allotted 8,56,800 equity shares in the IPO, and SMC India Opportunity Fund (AIF), also a PAC, received 2,95,200 equity shares. These allotments were made on 23rd September 2026. The total cost of acquisition for SMC Global Securities Limited and its PACs is ₹16,97,37,344 (approximately ₹16.97 crore).
Kheria Autocomp Limited operates in the auto components sector, specializing in plastic injection moulding for the automotive industry. Its turnover for the financial year 2025-26 was ₹120.30 crore, ₹92.31 crore in 2024-25, and ₹62.40 crore in 2023-24. The acquisition does not fall under related party transactions and was completed on 24th September 2026.
What to do with a filing like this
SMC Global Securities Limited filed this with the NSE as a statutory disclosure, categorised under substantial acquisition of shares and takeovers. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by SMC Global Securities Limited. Read the original for the full detail.