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Zetwerk raises Rs 2,251 Cr from anchor investors ahead of IPO

Zetwerk Manufacturing Businesses, a manufacturing platform, has raised Rs 2,251.23 crore from anchor investors ahead of its initial public offering (IPO).

Tarun Mottlia

Via Entrackr

·Excerpt
Zetwerk raises Rs 2,251 Cr from anchor investors ahead of IPO
Image: 1 Photograph: (1)

Zetwerk Manufacturing Businesses, a manufacturing platform, has raised Rs 2,251.23 crore from anchor investors ahead of its initial public offering (IPO).

New Update

1 Photograph: (1)

Zetwerk Manufacturing Businesses, a manufacturing platform, has raised Rs 2,251.23 crore from anchor investors ahead of its initial public offering (IPO).

The company allotted 14.91 crore shares to 99 anchor investors at Rs 151 per share, the upper end of its IPO price band.

Global institutional investors participating in the anchor book included Capital…

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