Power Grid’s fair value would be around Rs 110-115: Seshadri Bharathan, KSEMA Fincon Ltd
Retail investors and HNIs would also participate in Power Grid IPO.
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| Seshadri Bharathan, MD & CEO, KSEMA Fincon Ltd, in a chat with ET Now talks about Power Grid.
What is your sense on Power Grid? There has bee good response to the FPO. What is the outlook on the stock?
Post Coal India IPO and the right pricing where government has left money to be made on the table for - be it institutional investors or retail investors - we are seeing very exciting times ahead. We are seeing this issue over subscribed, QIB over subscribed 7 times and I feel retail investors and HNIs would also participate in this IPO. My sense is Power Grid’s fair value would be around Rs 110-115.
What is your sense on Power Grid? There has bee good response to the FPO. What is the outlook on the stock?
Post Coal India IPO and the right pricing where government has left money to be made on the table for - be it institutional investors or retail investors - we are seeing very exciting times ahead. We are seeing this issue over subscribed, QIB over subscribed 7 times and I feel retail investors and HNIs would also participate in this IPO. My sense is Power Grid’s fair value would be around Rs 110-115.
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