SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Subros raises funds on preferential basis

07 Dec 2018 Evaluate

Subros has raised funds on preferential basis. The Allotment Committee of the Board of Directors of the company at its meeting held on December 07, 2018, allotted 52,47,150 Equity Shares of Rs 2 each, on preferential basis, at a price of Rs 400 per Equity Share (including a premium of Rs 398 per equity share) to DENSO Corporation, Japan for a total consideration of Rs 209,88,60,000. Further, upon allotment, the equity paid-up capital of the Company stands increased to Rs 13,04,71,500 divided into 6,52,35,750 equity shares of Rs 2 each from Rs 11,99,77,200 divided into 5,99,88,600 equity shares of Rs 2 each.

Subros is a leading manufacturer of automotive air conditioning systems and thermal products for automotive applications in India. The company has also been supplying cab mounted HVAC Units to Indian Railways for Driver Cabin application.

Subros Share Price

799.40 -8.25 (-1.02%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 131.95
Tube Investments 3048.15
Bosch 38138.45
UNO Minda 1178.05
CIE Automotive India 474.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×