India, Nov. 26 -- Zetwerk Revives IPO Plans

Zetwerk is back on the IPO bandwagon. Barely eight months after delaying its listing plans amid market uncertainties, the B2B manufacturing giant has now taken a U-Turn and roped in six bankers to helm its public issue. So, how do Zetwerk's IPO plans stack up?

Zetwerk's IPO Gameplan: The contract manufacturing startup is looking to raise up to $750 Mn (INR 6,600 Cr) via its IPO, which will be dominated by a fresh issue. With plans to submit its DRHP confidentially early next year, it has assembled a syndicate of investment bankers, including Kotak Mahindra Capital, JM Financial, HSBC, and others, to lead the issue.

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