Zetwer sets IPO price band at Rs 143-151, aims to raise Rs 5,012 Cr
Zetwerk, the Bengaluru-headquartered manufacturing marketplace, has set a price band of Rs 143–151 per share for its initial public offering (IPO), targeting a valuation of Rs 25,583 crore.
Via YourStory
The IPO comprises a fresh issue of shares and an offer for sale (OFS). The company has expanded the size of the public issue to Rs 5,012 crore.
The fresh issue has been increased from Rs 2,600 crore to Rs 2,830 crore, while the OFS component has been expanded from 9.68 crore shares to 14.45 crore shares.
Early investors, including Peak XV Partners, Lightspeed Venture Partners, Accel India, and Kae Capital, have increased the number of shares they plan to…
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