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Samvardhana Motherson Finance Shelves IPO
Wall Street Journal By KHUSHITA VASANT MUMBAI – India's Samvardhana Motherson Finance Ltd. was Friday forced to shelve its initial public offering to raise 16.65 billion rupees ($ 312 million), as the company met with feeble investor response. Samvardhana Motherson Finance withdraws Rs 1665-crore IPO SMFL defers Rs 1665-crore IPO on poor market conditions Samvardhana Motherson Finance withdraws IPO due to poor response |