India, Feb. 11 -- B2B manufacturing unicorn Zetwerk is reportedly looking to file its draft papers for an initial public offering in the next six months, aiming to raise $400-500 Mn.
According to an ET report, the IPO will include a small secondary component, with Axis Bank, Goldman Sachs, and Kotak Mahindra appointed as bankers for the issue.
While the outer limit for filing IPO papers is nine months, sources told ET that the Bengaluru-based firm is aiming to go public within this calendar year.
Zetwerk is eyeing a valuation of over $5 Bn as it strengthens its global presence, particularly in the US, while expanding its in-house manufacturing capabilities.
"A few more bankers will be added, but Axis is the lead bookrunner for the iss...
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