Business · Updated 23 Oct, 10:06 am IST
Zetwerk lists on NSE at 5.46% premium after ₹5,012 Cr IPO
Why it matters for readers: Gives a clear example of a major Indian startup moving from private to public markets and why it matters.
- Zetwerk's shares listed on the NSE at ₹159.25, a 5.46% premium to the ₹151 issue price, and at ₹159 on the BSE, up 5.3%.1
- The company raised ₹5,012.3 crore through the IPO, which opened for subscription on October 15 and closed on October 19.1
- The IPO comprised a fresh issue of ₹2,830 crore and an offer for sale of 14.45 crore shares worth ₹2,182.3 crore.1
- Zetwerk secured ₹2,251.2 crore from anchor investors by allotting 14.91 crore equity shares at ₹151 apiece on October 14.1
- The company reported FY26 operating revenue of ₹15,913.3 crore (up 40.4%) while net loss widened to ₹1,606.2 crore from ₹370.7 crore in FY25.1
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