Zetwerk seeks 2.64 billion dollar valuation in IPO
Backed by Peak XV and Accel, Zetwerk Manufacturing is targeting a valuation of 2.64 billion dollars in its upcoming initial public offering in India. The 518 million dollar share sale will open for public subscription from October 15 to 19.
Insights:
Zetwerk Manufacturing Businesses is seeking a valuation of $2.64 billion in its initial public offering in India, targeting $518 million in proceeds. The offering arrives as the country's primary market sees heavy activity, driven by large upcoming listings. Investor demand will test appetite for manufacturing and precision-tech platforms amid shifting global supply chains.
