Company Overview of Samvardhana Motherson International Ltd.
Samvardhana Motherson International Limited designs, manufactures, and sells system solutions for automotive, information technology (IT) hardware, medical equipment, test and measuring equipment, home appliances, white goods, office automation, and electrical and electronic equipment industries in Asia, Europe, and the United States. It offers wiring harnesses; rearview mirrors, blind spot detection systems, side turn indicator lamps, and assist system signal lights; and customized cutting tools, and high precision machined metal components and assemblies. The company also provides plastic components and modules for vehicle interiors, as well as bumpers and front end modules; water purifier...
Distt Gautam Budh Nagar
Founded in 2004
Key Executives for Samvardhana Motherson International Ltd.
Chief Financial Officer and Manager
Compliance Officer and Company Secretary
Deputy General Manager of Corporate Communications
Corporate Head of Human Resources
Compensation as of Fiscal Year 2013.
Samvardhana Motherson International Ltd. Key Developments
Samvardhana Motherson Reportedly Plans To Raise $150 Million
Mar 8 13
Samvardhana Motherson International Ltd. (SMIL) has begun talks with private equity funds to raise $150 million to repay debt and to fund expansions, four people with knowledge of the development said. Samvardhana Motherson planned to raise INR 16.65 billion through initial public offering (IPO) in 2012. "The company is in talks with marquee private equity funds to raise around $150 million and is expected to complete the transaction in a quarter," an investment banker with knowledge of the fund raising talks said. "The company is seeking the same valuation as its IPO pricing last year, and getting a private equity fund at that price will be a challenge. However, negotiations are on," said another investment banker privy to the discussions. "The company gets many proposals and discusses /evaluates them with bankers continuously. However, there are no firm plans to raise capital in SMIL," SMIL's spokesperson said.
Samvardhana Motherson Finance Limited has Changed its Name to Samvardhana Motherson International Ltd
Oct 30 12
On October 25, 2012, Samvardhana Motherson Finance Limited changed its name to Samvardhana Motherson International Ltd.
Samvardhana Motherson Seeks Acquisitions
Apr 28 12
Samvardhana Motherson Finance Limited’s INR 16.65 billion initial public offering (IPO) opens on May 2, 2012. Mr. Vivek Chaand Sehgal, Chairman of the Group, said, “This will create headroom for future acquisition opportunities. Also, some of our Group firms need fresh capital for growth.” Vivek Chaand Sehgal added that Samvardhana Motherson was eyeing entering into the Russian auto supplier market. “Only Russia is missing for us in the BRIC nations. It's just around the corner, but the laws are difficult for us to understand. We're looking at all options, including a joint venture and acquisition,” he said.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|