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Samvardhana Motherson Finance Limited IPO Information

Samvardhana Motherson Finance Limited (SMFL) IPO Update

  • Issue Open: May 02, 2012
  • Issue close: May 04, 2012
  • Price Band: Rs. 113 - Rs. 118 Per Equity Share
  • Minimum Bid Size: 50 Equity Shares
  • Face Value: Rs. 10 Per Equity Share
  • Issue Type: 100% Book Building
  • Maximum Subscription Amount for Retail Investor: Rs. 200000

Samvardhana Motherson Finance Limited  ICRA Grading

Grade 4 which means 'Above Average Fundamentals'.

Verdict

Avoid unless you are a HNI who need not worry for money.

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