Zetwerk eyes manufacturing demand from AI, clean energy as shares debut
Zetwerk's shares debuted at ₹159 on the BSE, a 5.3% premium to the ₹151 issue price, but later traded near the offer price amid market weakness. Cofounder Amrit Acharya stated the company aims to meet manufacturing demand in AI, clean energy, and space sectors. The ₹5,012-crore IPO was subscribed 3.06 times, with institutional bids at 4.73 times their allocation.