Zetwerk Manufacturing shares list at 5% premium over IPO price
Zetwerk Manufacturing's IPO priced at Rs 5,012.33 crore included a fresh share issuance of Rs 2,830 crore and an offer for sale of approximately Rs 2,182 crore. The stock debuted at a 5% premium, with fresh issue proceeds going to the company and OFS proceeds to selling shareholders.
Key points
- IPO size: Rs 5,012.33 crore (fresh issue + offer for sale)
- Listing premium: 5% above IPO price
- Fresh proceeds (Rs 2,830 crore) to company; OFS (Rs 2,182 crore) to sellers
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. Economic Times Tech did the reporting; read the original for the full story.
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