Zetwerk eyes manufacturing demand from AI, clean energy as shares debut
Zetwerk's shares debuted at ₹159 on the BSE, a 5.3% premium over the issue price of ₹151, but later fell to 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 3.06 times subscribed, with institutional bids at 4.73 times.