Showing posts with label ipo review samvardhana ipo note samvardhana ipo recommendations samvardhana. Show all posts
Showing posts with label ipo review samvardhana ipo note samvardhana ipo recommendations samvardhana. Show all posts

Wednesday, April 25, 2012

IPO ANALYSIS: SAMVARDHANA MOTHERSON OBJECTS DOES NOT AUGUR WELL.





Samvardhana Motherson IPO intends to raise Rs 1344 CR, apart from Offer For Sale proceeds of Rs 321Cr.  The funds intended to be used for the following purposes.

RS IN CRORES

PURPOSE

AMOUNT

1. Funding per-payment and repayment of debt facilities availed by the company and certain of its Subsidiaries.

         
      338.50


2.Funding  strategic  investments  in  Samvardhana  Motherson  Polymers
Joint Venture, and Samvardhana Motherson Holding, the Subsidiary of the company

      627.50

3. Funding investments in  rear-view vision systems business 
     
      156.00




4. General corporate purposes


      222.00

5.Total



     1344.00