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Track all the latest updates and news of Samvardhana IPO.
November 28, 2023 10:04:00 PM
(part 1) 05:27 Shein, the fast-fashion giant that's built a following through social media influencers touting a seemingly endless variety of new designs, has filed confidentially for an IPO in ...
Published by : CBS NewsNovember 28, 2023 7:06:00 PM
What will come first: the heat death of the universe or Reddit�s IPO? It appears the self-professed �front page of the internet� is once again gearing up for a public offering, Bloomberg ...
Published by : TechCrunchNovember 30, 2023 3:47:00 AM
Deepak Chemtex IPO that opened for subscription on Wednesday, November 29, 2023, closes on December 1, 2023. It is a book-built issue of ?23.04 crores and it is entirely a fresh issue of 28.8 ...
Published by : MintNovember 19, 2023 10:10:00 AM
Instacart's stock has dropped since its IPO. The biggest news since its IPO is its third-quarter results. The company's management team remains focused on growing its profits. The grocery ...
Published by : The Motley FoolNovember 29, 2023 6:34:00 PM
The Singapore-based company has not determined the size of the deal or the valuation at IPO. Bloomberg earlier this month reported that it targeted up to $90 billion in the float. Founded in 2012 ...
Published by : ReutersNovember 29, 2023 8:55:00 AM
Stripe's growth is also slowing down, which may be why it's holding off on its IPO. Digital payment processing company Stripe's potential IPO is one of the more anticipated offerings around right now.
Published by : The Motley FoolNovember 28, 2023 9:50:00 PM
The temperature-controlled storage and logistics giant and its advisers are talking to potential investors about supporting an IPO that may take place as soon as the first half of 2024 ...
Published by : Bloomberg L.P.November 29, 2023 2:06:00 AM
Shein yet to determine IPO size, valued at over $60 bln in May IPO comes amid challenging markets and U.S. scrutiny Fast-fashion retailers still behind Amazon on sales Nov 27 (Reuters ...
Published by : ReutersNovember 29, 2023 3:30:00 AM
Mobikwik is working with DAM Capital Advisors Ltd and SBI Capital Markets Ltd for the IPO The fintech unicorn is looking to raise $84 Mn (about INR 700 Cr) from the IPO and list next year The ...
Published by : inc42November 29, 2023 7:03:00 PM
Renaissance IPO ETF primarily invests in recently IPO'ed companies, but its value proposition may be questionable, as investors can easily buy individual IPO stocks that they like. The fund ...
Published by : Seeking AlphaNovember 19, 2023 3:10:00 PM
Instacart (NASDAQ: CART) completed its much-anticipated IPO in mid-September. It was the first venture capital-backed company to go public since the IPO market froze in late 2021. The grocery ...
Published by : NasdaqSamvardhana Motherson Finance Ltd (SMFL) has withdrawn its Rs 1665.00 Crore IPO due to poor response from investor across the board.
SMFL public issue subscribed 0.23 times on its final day of subscription. QIB quota of the IPO subscribed most with bids received for 57% shares. The response in Non Institutional, Retail Individual and Employee Reservation quota was worst in recent years. All of these categories received bids only for 1% of the quota allocated.
As per experts, wrong timing of the IPO and stiff pricing of the shares as two major reasons for the failure of Samvardhana IPO.
SMFL is entering in the capital markets with an initial public offering, IPO of Rs 1413 Crore. The price band for the issue has been fixed at Rs 113/- at lower level and Rs 118/- at upper level.
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.
The issue opens on May 02, 2012 and closes for subscription on May 04, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Samvardhana IPO is proposed to open on May 2, 2012. The IPO application ends on May 4, 2012.
Retail investors can apply in the retail or non-institutional investor category from May 2, 2012 to May 4, 2012. The Samvardhana IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Samvardhana IPO will open for subscription on May 2, 2012. The public issue will close on May 4, 2012.
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