Zetwerk IPO: Early investors set for up to 38X returns through OFS
Zetwerk’s upcoming IPO is expected to deliver multi-fold returns to several early investors, with Kae Capital and Kalysta Capital set to earn around 38X returns on their investments.
Via Entrackr
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"Zetwerk"s upcoming IPO is expected to deliver multi-fold returns to several early investors, with Kae Capital and Kalysta Capital set to earn around 38X returns on their investments. The offer for sale (OFS) will see existing shareholders offload 14.45 crore shares worth approximately Rs 2,182 crore. According to Entrackr"s analysis, Lightspeed Venture Partners is the largest selling external shareholder in Zetwerk"s IPO, with a share sale worth Rs 426.9 crore. At the upper price band of Rs 151 per share…
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