Zetwerk raises ₹2,251 Cr from anchor investors ahead of ₹5,012 Cr IPO
Inc42 · 2026-10-14
Manufacturing supply-chain startup Zetwerk raised ₹2,251.2 Cr from anchor investors at ₹151 a share before its ₹5,012 Cr IPO opened on Oct. 15. The top of the price band values it at about ₹25,583 Cr (around $2.7B). Funds linked to Peak XV, Accel and Lightspeed are selling shares in the offer for sale.
Vocabulary
Read source ↗- anchor bookthe IPO allotment reserved for big institutions before public bidding
- price bandthe range within which IPO bids can be priced
- general corporate purposesunspecified, flexible company uses of raised money