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Samvardhana Motherson Finance IPO Views - 16th Dec 2015

Auto Ancillary | Published on Apr 30th 2012


Samvardhana Motherson Finance Ltd. (SMFL) is the principal holding company of the Samvardhana Motherson group with 18 subsidiaries, 19 Joint Ventures and 86 other consolidated entities catering to the domestic and global automotive industry. The principal investments of SMFL constitute a 36.1% stake in Motherson Sumi Systems (MSSL), 49% stake in Samvardhana Motherson Reflectec Group Holdings Ltd. (SMR, erstwhile Visiocorp) and 49% stake in Samvardhana Motherson Polymers Ltd. (SMPL). Together the three companies accounted for ~94% of the consolidated revenues in 9MFY2012.

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