Zetwerk Makes NSE Debut At 5.5% Premium After ₹5,012 Cr IPO
Zetwerk listed at ₹159.25 on the NSE and ₹159 on the BSE, both above its ₹151 issue price. The IPO included a ₹2,830 Cr fresh issue and a ₹2,182.3 Cr offer for sale by existing shareholders including founders and VC firms. Anchor investors had participated with ₹2,251.2 Cr allocation at ₹151 per share. The company's post-issue valuation reached approximately ₹25,583 Cr. Major investors including Peak XV Partners, Lightspeed Venture Partners, Accel India, and Kae Capital realized significant returns on their share sales through the OFS component.
Key points
- Zetwerk IPO raised ₹5,012.3 Cr with listing premiums of 5.3-5.46%
- Post-issue valuation reached ~₹25,583 Cr at IPO price
- Major VCs including Peak XV, Lightspeed, Accel realized substantial returns
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