India's Zetwerk rises over 5% in market debut after $518m IPO

India's Zetwerk rises over 5% in market debut after $518m IPO

FILE PHOTO: People talk inside the National Stock Exchange (NSE) in Mumbai, India, August 14, 2025. REUTERS/Francis Mascarenhas/File Photo

Peak XV Partners and Accel India-backed Zetwerk Manufacturing Businesses listed at 5.5% premium in its stock market debut on Friday, following a $518 million IPO earlier this week.

The stock listed at 159.25 rupees on the National Stock Exchange of India, compared with its issue price of 151 rupees per share.

Reuters

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