Tag: India equity
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SMFL IPO: Complex Auto Conglomerate, Retail can Avoid
Date: May 3, 2012 Offering: IPO is of Price Range Rs 113-118, available from May 2-4 Description: SMFL is a mid sized Auto ancilliary firm with a complex Private Equity style business model Opinion: Retail investors need to avoid the IPO SMFL – Description and Profile Samvardhana Motherson Finance is into Auto components design/ manufacture.…
