The scrip listed at Rs 633, zooming 17.65 per cent from the issue price on the BSE. It later jumped 22.67 per cent to Rs 660.
At the NSE, shares opened the day at Rs 633.
On the traded volume front, 10.61 lakh shares of the company exchanged hands on the BSE and over one crore shares on the NSE, in morning trade.
The company's market valuation was at Rs 9,780.16 crore on the BSE.
The initial public offering (IPO) of Polycab India Ltd was subscribed nearly 52 times earlier this month.
The price range for the Rs 1,345-crore IPO, which opened for bidding on April 5, was fixed at Rs 533-538 per share.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)