Zetwerk Shares Fall Below IPO Price

Zetwerk Manufacturing Businesses debuted on Friday with shares trading at 147.4 rupees, valuing the firm at 251.7 billion rupees. The company reported a loss of 641.29 million rupees for the April-June quarter. Retail investors subscribed 0.73 times their allotted portion, while qualified institutional buyers led the issue by bidding 4.73 times their reserved shares.