Zetwerk IPO lists near issue price as investors gain 36x
Business
Zetwerk's IPO turned early bets into serious wins, with some investors seeing up to 36 times what they put in.
Shares opened at ₹159 on the BSE (just above the ₹151 issue price), but ended the day at ₹138.30.
Post IPO valuation ₹23,432 cr
The IPO realized about ₹1,215 crore through the IPO, showing huge investor buzz.
Zetwerk landed a post-IPO valuation of ₹23,432 crore, a big moment for industrial startups in a tech-heavy market.