The Samvardhana IPO is a book-built offering for Rs 1,665.00 crore. Bidding for the Samvardhana IPO began on May 2, 2012 and finished on May 4, 2012. The pricing range for Samvardhana’s IPO is set at 113 to 118 per share. An application requires a minimum lot size of 50 shares. Retail investors must make a minimum investment of $5,900.
Samvardhana Motherson Finance Limited (SMFL), founded in 2004, is a multinational corporation with manufacturing and design capabilities that provides full system solutions to a variety of sectors. SMFL offers end-to-end design and manufacturing solutions to automotive customers, including product idea and design, engineering, manufacturing, sub-assembly, and integrated module production. Wiring harnesses, rearview mirrors, moulded plastic parts, injection moulding tools, assemblies and modules, elastomer products, cutting tools and
thin film coating metals, IT services, design engineering, cabins for off-highway vehicles, HVAC/ air conditioning systems for automobiles, lighting systems, air intake manifolds, air compressors, paint coating equipment, auxiliary equipment for injection moulding machines, and automotive manufacturers are all part of the company’s portfolio.
The company’s primary customers include the world’s five largest automobile OEM manufacturers, as well as India’s top automotive OEM manufacturer. SMFL has 90 manufacturing facilities in 23 countries, including 23 outside of India, and the company is in the midst of constructing new manufacturing facilities in India, Brazil, and Thailand.
Samvardhana IPO Details
| IPO Date | May 2, 2012 to May 4, 2012 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹113 to ₹118 per share |
| Lot Size | 50 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹1,665.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Samvardhana IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹5,900 |
| Retail (Max) | 33 | 1650 | ₹194,700 |
Samvardhana IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 50,340,323 (39.42%) | NA |
| NII (HNI) Shares Offered | 20,996,681 (16.44%) | |
| Retail Shares Offered | 48,992,257 (38.37%) | 979,845 |
| Employee Shares Offered | 7,367,257 (5.77%) | NA |
| Total Shares Offered | 127,696,518 (100%) |
Samvardhana Company Financials
| Particulars | 31-Mar-11 | 31-Mar-10 | 31-Mar-09 |
|---|---|---|---|
| Total Income | 405.9 | 233.0 | 122.8 |
| Profit After Tax (PAT) | 131.1 | 64.1 | 99.0 |
Objects of the Issue (Samvardhana IPO Objectives)
The object of the issue are to:
- Funding pre-payment and repayment of debt facilities availed by company and its subsidiaries;
- Funding strategic investments;
- Funding investments in rear-view vision systems business;
- General corporate purposes.
Samvardhana Motherson Finance Ltd Contact Details
Samvardhana Motherson Finance Ltd
2nd Floor, F-7, Block B-1,
Mohan Cooperative,
Industrial Estate Mathura Road, Delhi
Phone: 91 11 4055 5940
Email: [email protected]
Website: http://www.smfl.in
Samvardhana IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
Samvardhana IPO FAQs
Q1. What is Samvardhana IPO?
Ans. Samvardhana IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹1,665.00 Crores. The issue is priced at ₹113 to ₹118 per share. The minimum order quantity is 50 Shares. The IPO opens on May 2, 2012, and closes on May 4, 2012.
Q2. When Samvardhana IPO will open?
Ans. The Samvardhana IPO opens on May 2, 2012 and closes on May 4, 2012.
Q3. What is the lot size of Samvardhana IPO?
Ans. Samvardhana IPO lot size is 50 Shares, and the minimum amount required is ₹5,900.
Q4. When is Samvardhana IPO listing date?
Ans. The Samvardhana IPO listing date is not yet announced. The tentative date of Samvardhana IPO listing is [.].
