IPO fever hits the street
  • WebDesk BTVI
  • Apr 05 2019

Astha Jain, Hem Securities, talked about the opening of Rs 1,300-crore Polycab IPO. Jain said given its past performance and their involvement in FMEG sector, she would give is a long-term subscribe rating. On Polycab valuations, Jain said the issue of IPO is quite reasonably priced and attractive. On Metropolis Healthcare getting only 45% subscription, she said the issue will resolve with time and it will have a strong presence soon.