Zetwerk Pvt., an Indian manufacturing platform, is preparing to launch an IPO as early as next week to raise up to $525 million, targeting a valuation of 270 billion rupees ($2.8 billion). The sale is likely to open on Oct. 15 with a listing targeted for Oct. 23. Zetwerk operates 26 manufacturing sites across India, the US, Spain and Germany, serving utilities, renewable energy, consumer electronics and AI infrastructure.
Zetwerk Plans Up to $525 Million India IPO Next Week
Source: Moneycontrol