Zetwerk’s $518 Million India IPO Fully Subscribed
Exchange data showed the offering was fully subscribed on the final bidding day, led by demand from qualified institutional buyers.
Zetwerk Manufacturing Businesses’ $518 million initial public offering was fully subscribed on Monday, the final day for bids, exchange data showed. Demand was led by qualified institutional buyers. The company is backed by Peak XV Partners and Accel India. $1 = 94.9300 Indian rupees.