💻 Technology 1h ago · Shrishti Bisht

Zetwerk Makes NSE Debut At 5.5% Premium After ₹5,012 Cr IPO

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Zetwerk Makes NSE Debut At 5.5% Premium After ₹5,012 Cr IPO
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B2B manufacturing company Zetwerk made its stock market debut at a 5.46% premium on the NSE at ₹159.25 against its issue price of ₹151. On the BSE, the shares listed at ₹159, up 5.3% from the issue price. 
The listing followed Zetwerk’s ₹5,012.3 Cr IPO, which opened for subscription on October 15 and closed on October 19. The company had set a price band of ₹143-₹151 per share.
Ahead of the public issue, Zetwerk raised ₹2,251.2 Cr from anchor investors by allotting 14.91 Cr equity shares at ₹151

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