Motherson Sumi Systems’ promoter -Samvardhana Motherson Finance (SMFL), is coming out with the Initial Public Offering (IPO) scheduled to be opened from May 02, 2012 and closed on May 04, 2012.
In this connection, SMFL has kept reservation for the retail individual shareholders of the company who is resident of India and physically present in India on the date of submission of the bid cum application form. Further, the company has fixed April 20, 2012 as the specified date for identifying such retail individual shareholders of the company.
MSSL is engaged in manufacturing a range of products from single circuit lead wire to complex cabin harnesses and from small harnesses to harnesses for large cranes and elevators. The company also supplies wiring harnesses to material handling, earth moving and farm equipment, white goods and electronics, elevators, office automation and medical equipment industries. MSSL is the largest manufacturer of wiring harnesses in India.
