Zetwerk Prepares for $750M IPO
Update: 2025-11-25
Description
Zetwerk, an Indian electronics manufacturer, is gearing up for a significant IPO in March 2023, potentially raising up to $750 million. Major banks like Kotak Mahindra Capital, Morgan Stanley, and Goldman Sachs are valuing the company, which supplies to global giants like Tata Steel and Mitsubishi. This move comes as Indias IPO market surges, with companies raising over $16 billion this year, making it the third-largest globally. Zetwerks IPO could signify Indias growing role in the global manufacturing landscape.
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