BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15
Indian markets moved higher in an ipo & listings development with Oct 15 in focus.
· Economic Times Markets
Zetwerk Manufacturing Businesses raised Rs 2,251 crore from 99 anchor investors, including BlackRock, Goldman Sachs and Nomura, ahead of its IPO opening on October 15. The Rs 5,012 crore issue, priced at Rs 143–151 per share, comprises a fresh issue and an offer for sale. Subscription closes on October 19.
Key facts
- Dates in focus
- Oct 15, October 15 and October 19
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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