Saturday, April 28, 2012

Samvardhana Motherson Finance - Company Overview/IPO details/Product Note


Please find below the details of Samvardhana Motherson Finance Limited.

Issue Opens on            :     Wednesday, May 02, 2012

Issue Closes on            :     Friday, May 04, 2012
Price Band                    :     will be announced two working days prior to the issue opens

Bid Lot Size                   :     will be announced two working days prior to the issue opens

Issue Size                      :     Rs.1665 crores

Fresh Issue                    :     Rs.1344 crores

Offer for sale                :     Rs.321 crores (RADHA RANI HOLDINGS  PTE LTD)

QIBs portion                 :      50% of Net Offer

NIBs portion                 :      5% of Net Offer

Retail portion               :      35% of Net Offer
BRLM                             :      Standard Chartered Securities (India) Ltd, J.P. Morgan India Pvt Ltd.

Syndicate Members            :  Avendus Securities Pvt Ltd,  Reliance Securities Ltd and Sharekhan  Ltd


Registrar to the Issue            :Link Intime India Private Limited


Listing on                     :             BSE & NSE


IPO Grading                :       “IPO Grade 4/5” by CRISIL


Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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