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Saturday, 5 October 2013

Rakesh Jhunjhunwala investment in Footwear company



  • Well not many of you know that Rakesh Jhunjhunwala event invest in unlisted companies.
  • Yes he has 15% stake in "Metro" Footwear.
  • They are planning to hit the IPO market in 2 yrs time frame.
  • Metro shoes have 160 stores and plan to expand to 450 stores by 2015.
  • Keep an eye on this IPO, as looks like it has got the blessings of the bull even before it hit the secondary market. 

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