03 May 2012

SMFL IPO Issue : 2 - 4th May

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Initial Public Offering
Samvardhana Motherson Finance Limited
*Not available for NRI
Rating : ICRA IPO Grade 4/5
Issue Period: May 02 – May 04 , 2012
Samvardhana Motherson Finance Limited (SMFL) was incorporated in 2004 and is the principal holding company of the SM Group. It operates a number of subsidiaries, joint ventures and group companies including MSSL, Samvardhana Motherson Reflectec and multiple other subsidiaries and joint ventures with leading global technological partners.
Company HighlightsCompany Strengths
  • Primary focus is the automotive industry, globally and in India
  • SMFL has products that cover multiple areas of the automotive value chain as well as several non-automotive industries.
  • Product portfolio includes rear view vision systems, wiring harnesses, polymer processing and tool manufacturing, elastomer processing, metal working, and much more.
  • Expanding the expertise acquired in the automotive business into other sectors with expected future growth
  • Global customer base and strong relationships with major automotive OEMs
  • Market leadership in exterior rear view vision systems
  • Long term partnerships and collaborations with global technology leaders, facilitating access to cutting-edge technology
  • Wide range of capabilities, enabling them to provide end-to-end solutions to customers
  • Experienced and well qualified management team and a strong employee base
Details Of The IPO
Company NameSamvardhana Motherson Finance Limited (SMFL)
Issue PeriodMay 02 – May 04 , 2012
Price BandRs.113/- to Rs.118/-
Lot Size50 Equity Shares and multiple of 50 equity shares thereafter.
Issue SizeRs.1665 cr.
Face ValueRs.10/- each
ListingTo be listed on NSE & BSE
RatingICRA IPO Grade 4/5
Who can InvestResident Indian individuals, HUF, companies, corporate bodies, scientific institutions, societies and trusts
NRIs (on a repatriation or non-repatriation basis are not permitted to participate in this issue

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