Zetwerk's Rs 5,012 crore IPO to open this week. Check price band, other details

Zetwerk targets ₹25,583 crore valuation in ₹5,012 crore IPO

Zetwerk has set the price band for its IPO at ₹143-151 per share.

Zetwerk's Rs 5,012 crore IPO to open this week. Check price band, other details

Zetwerk Manufacturing Business has set its IPO price band at Rs 143–151 per share for its Rs 5,012.33-crore issue opening on October 15. The offering includes a fresh issue of Rs 2,830 crore. Proceeds will primarily fund debt repayment and strategic acquisitions to support its expansion.

Peak XV, Accel-backed Zetwerk seeks $2.6 billion valuation in India IPO

Zetwerk seeks a ₹25,583 crore valuation in India IPO, opening Oct 15-19, with ₹2,830 crore fresh issue and 144.53 million OFS shares.

IPO Rush: Eight issues to raise over Rs 11,000 crore this week

Investors can look forward to an active primary market with six mainboard and two SME IPOs on the horizon. Zetwork Manufacturing is expected to head the list, seeking an impressive Rs 5,000 crore, followed by Bonfiglioli Transmission aiming for Rs 2,500 crore and Tonbo Imaging India with a target of Rs 1,500 crore. Supporting this momentum are HD Fire Protect, Fusion CX, and Medical Technologies.

Zetwerk opens its IPO this week seeking a $2.8 billion valuation

Zetwerk's bankers, including Kotak, Morgan Stanley and Goldman Sachs, raised the fresh issue to ₹2,830 crore after August's filing, with the IPO opening October 15 at a targeted $2.8 billion valuation.

Zetwerk targets $2.64B valuation in India IPO

India's Zetwerk seeks a $2.64 billion valuation in a $518 million IPO, with public subscriptions due to run from October 15 through October 19.