Equitas Holdings good long term investment idea: Kunj Bansal

Kunj Bansal of Centrum Wealth Management told CNBC-TV18, "In terms of SEBI's guidelines, unfortunately I am not ready with the view in Equitas Holdings but we have looked at the company at the time of its IPO. Its financials and the valuation at which the shares were offered were looking reasonably attractive. The same ofcourse is reflecting in the premium at which it has got listed.""For any medium to long term investor, the way the business model is shaped up for this particular company, it is a good long term investment to be made even at the current prices as well," he said.