The issue, which opened for subscription on October 29 and closed on November 2, received a strong response from investors. It was subscribed 63.89 times overall.
The IPO's latest GMP stood at ₹9 per share on November 3, taking the estimated listing price to ₹171 against the issue price of ₹162. This implies a potential gain of ₹9 per share, or 5.56 per cent.
SFC Environment Technologies' debut beat expectations as the grey market premium (GMP) was 4.70 per cent, according to websites tracking the unofficial market.
Sustainable growth of IPO market will depend on issuer quality and the returns delivered to investors over time, said Pantomath Capital's MD & CEO - investment banking Kamraj Negi.
At the Smart Arena segment of the Business Standard BFSI Insight Summit 2026, Deven Choksey advised retail investors to check an IPO's size, business model, financials & risk factors before investing
Zetwerk IPO review: Brokerages have shared mixed views on the public issue. SBI Securities and ICICI Direct have recommended a 'Subscribe' rating, while Swastika has rated it 'Neutral'.