Zetwerk plans to use Rs 1,250 crore of the fresh proceeds to repay debt at the company and another Rs 550 crore to pare borrowings at its subsidiaries. The balance will go towards unidentified acquisitions and general corporate purposes.

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

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…

The public filing comes at a time when India's primary market is reviving after a subdued first half of the year due to the impact of the Middle East war and a spike in…

Zetwerk Manufacturing Businesses files updated IPO papers to raise ₹2,600 crore, with ₹1,800 crore earmarked for debt repayment and funds for acquisitions.

Zetwerk plans a ₹2,600 crore IPO for debt repayment and growth, targeting energy, defense, and AI sectors.