Zetwerk plans to launch $750 Mn IPO: Report

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Zetwerk is reportedly preparing to file for an initial public offering that may raise up to $750 million. If completed, the issue would be among the larger public market debuts by an India based manufacturing company.

According to Bloomberg, the Bengaluru based manufacturing platform has appointed Kotak Mahindra Capital, JM Financial Services, Avendus Capital along with the Indian units of HSBC, Morgan Stanley and Goldman Sachs to manage the proposed issue.

The company is expected to file its draft prospectus early next year through the confidential…



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Zetwerk plans to launch $750 Mn IPO: Report


Zetwerk is reportedly preparing to file for an initial public offering that may raise up to $750 million. If completed, the issue would be among the larger public market debuts by an India based manufacturing company.

According to Bloomberg, the Bengaluru based manufacturing platform has appointed Kotak Mahindra Capital, JM Financial Services, Avendus Capital along with the Indian units of HSBC, Morgan Stanley and Goldman Sachs to manage the proposed issue.

The company is expected to file its draft prospectus early next year through the confidential…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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