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Zetwerk files updated IPO papers with Sebi; plans to raise Rs 2,600-cr via fresh issue
Zetwerk Manufacturing Business Ltd has updated its IPO papers to initiate a substantial Rs 2,600 crore offering. The funds raised are earmarked for paying off debts and making strategic acquisitions. Over recent fiscal years, the company has seen remarkable revenue growth and its order book has doubled. Functioning as a tech-driven manufacturing network with global reach, Zetwerk caters to various sectors, including renewable energy and defence.
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cryptobriefing.com
Zetwerk plans IPO to raise $400M–$550M as Indian manufacturing platform eyes public markets
Zetwerk plans an IPO to raise up to $400M-$550M at a $4B valuation, with SEBI approval secured and Goldman Sachs among the lead banks for the
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economictimes.indiatimes.com
Zetwerk files updated IPO draft papers to raise Rs 2,600 crore
The Bengaluru-based company had received Sebi approval on July 10 for its IPO, clearing the way for one of the largest listings by a new-age manufacturing company. It had…
