Samvardhana Motherson Finance Limited (SMFL) IPO is open for subscription from May 2 to May 4, 2012. This post would cover the subscription status of the same on a daily basis.
Update: May 04, 2012
It was only able to subscribe 23% till 4:00 PM the end of third day. I think its time that companies become realistic about pricing their IPO.
SMFL IPO subscribed 0.09 times on second day of issue (May 3)
SMFL IPO subscribed 0.03 times on first day of issue (May 2)
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