CA NeWs Beta*: Upcoming IPOs

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Wednesday, April 25, 2012

Upcoming IPOs

1. Upcoming IPO - Samvardhana Motherson Finance Ltd
SMFL is entering in the capital markets with an initial public offering, IPO of Rs 1413 Crore.
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).
2. Tribhovandas Bhimji Zaveri Ltd IPO subscribed 0.20 times on Day 2. Issue will close on Apr 26, 2012.

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