Zetwerk IPO Fully Subscribed on Final Day
Zetwerk Manufacturing Businesses secured full subscription for its 518 million dollar initial public offering on its final day. Institutional investors led the demand for the industrial and consumer goods maker.
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Zetwerk Manufacturing Businesses secured full subscription for its $518M IPO in India on Monday afternoon following strong demand from institutional investors. The offering prices shares between 143 and 151 rupees, targeting a valuation of up to 255.83B rupees ($2.69B). Proceeds will fund debt repayment and inorganic growth.
