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SAMVARDHANA MOTHERSON FINANCE LIMITED IPO
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SAMVARDHANA MOTHERSON FINANCE LIMITED IPO

April 30, 2012 By Leave a Comment
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SAMVARDHANA MOTHERSON FINANCE LIMITED IPO

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’.

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