India, March 16 -- A month after it was reported that Zetwerk had finalised bankers for its initial public offering (IPO), the B2B manufacturing major seems to have postponed its public listing plans.

As per a Reuters report, Zetwerk cofounder and CEO Amrit Acharya said that Zetwerk is now eyeing an IPO in the next 15-24 months. This effectively means that the B2B manufacturing major now plans to list on the bourses by 2027.

Acharya, while specifying the fresh IPO timeline, said that the startup still has "room" to invest in its electronics business. "Global companies are moving production to India. This is happening today; this will happen once in our lives probably," he said.

Meanwhile, Josh Foulger, president of electronics at Zetwe...