Monday, April 30, 2012

Upcoming IPO - SAMVARDHANA MOTHERSON FINANCE LIMITED


SAMVARDHANA MOTHERSON FINANCE LIMITED


Issue Open: May 02, 2012
Issue close:         May 04, 2012
Price Band: Rs. 113 - Rs. 118 Per Equity Share
Minimum Bid Size:         50 Equity Shares
Face Value: Rs. 10 Per Equity Share
Issue Type: 100% Book Building
Maximum Subscription Amount  for Retail Investor: Rs. 200000

SAMVARDHANA MOTHERSON FINANCE LIMITED:
Incorporated in 2004, Samvardhana Motherson Finance Limited (SMFL) is a multinational business with manufacturing and design capabilities providing full system solutions to diverse industries. SMFL provides an end-to-end range of design and manufacturing solutions to the automotive customers, including product concept and product design, engineering, manufacturing, sub-assembly and the production of integrated modules.

IPO Grading / Rating:
ICRA has assigned an IPO Grade 4 to Samvardhana Motherson Finance Ltd IPO. This means as per ICRA, company has 'Above Average Fundamentals'.

Website:
http://www.motherson.com/Group-Companies.html

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