Zetwerk IPO Set with Price Band of Rs 143-151, Targeting Rs 25,583 Crore Valuation

Zetwerk IPO Set with Price Band of Rs 143-151, Targeting Rs 25,583 Crore Valuation



Business-to-business manufacturing platform Zetwerk has set a price band of Rs 143-151 per share for its initial public offering (IPO), valuing the company at Rs 25,583 crore ($2.7 billion) at the upper end.The company’s IPO will be worth Rs 5,012 crore, comprising a Rs 2,830-crore fresh issue and an offer for sale (OFS) of 144.5 million shares worth Rs 2,182 crore.The red herring prospectus filed on Sunday showed that Zetwerk increased the



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