Samvardhana Motherson Finance Ltd IPO recommendation and analysis is provided by investors like you. The information on page provides you different opinions of retail investors along with a detail rationales behind their recommendation.
Samvardhana Motherson Finance Ltd IPO Detail:
Issue Open: May 2, 2012 - May 4, 2012
Issue Type: 100% Book Built Issue IPO
Issue Size (in Equity Shares ): Equity Shares of Rs 10
Issue Size (in Rs): Rs 1,665.00 Crore
Face Value: Rs 10 Per Equity Share
Issue Price: Rs. 113 - Rs. 118 Per Equity Share
Listing At: BSE, NSE
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Posted On: Apr 26, 2012 10:06:33 PM IST Last Updated On: Apr 26, 2012 10:06:33 PM IST
SMFL has announced price band at 113-118 which is very low from expected price...Xpecting 20-25 per share listing gain..Highly recomendate..
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Posted On: Apr 27, 2012 12:03:18 PM IST Last Updated On: Apr 27, 2012 12:03:18 PM IST
subscribe for listing gain...
Posted On: Apr 27, 2012 6:27:14 PM IST Last Updated On: Apr 27, 2012 6:27:14 PM IST
1. Restated consolidated financials show a net loss. So valuation is anybody's guess. 2. Objects mainly are for repaying debt raised by subsidiaries. So future interest burden will be lesser on subsidiaries. Presumption maybe that equity from Indian investors is free! 3. Fund raising plan of over Rs. 1300 crores not appraised by any bank or financial institution. 4. Holding structure appears to be too complex and too-Mauritius and British Virgin Islands oriented to be of comfort to we Indian retail investors. 5. Promoter Group Co is seeking to sell its stake at Rs. 118 what on an average must have cost them Rs. 6 to 7. Nothing really wrong with that per se, but then they are part of promoter group and not PE or strategic investors.
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Posted On: Apr 28, 2012 5:56:37 PM IST Last Updated On: Apr 28, 2012 5:56:37 PM IST
Very good company,mainly manufacturing company with very good diversified product range.
Posted On: May 2, 2012 8:31:38 AM IST Last Updated On: May 2, 2012 8:31:38 AM IST
High risk IPO.. totally avoid...
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Posted On: May 3, 2012 10:46:53 AM IST Last Updated On: May 3, 2012 10:46:53 AM IST
pls provide the gray mkt premium.