Zetwerk files updated IPO draft papers to raise Rs 2,600 crore
Zetwerk IPO
Covered by 6 sources
- YourStory India·9h agoZetwerk files updated IPO papers with SEBI
Zetwerk plans to use Rs 1,250 crore of the fresh proceeds to repay debt at the company and another Rs 550 crore to pare borrowings at its subsidiaries. The balance will go towards unidentified acquisitions and general corporate purposes.
Read at YourStory India → - Business Today IN·10h agoZetwerk files updated draft IPO papers with Sebi for Rs 2,600 crore fresh issue
The IPO will also include an offer for sale (OFS) of up to 9,68,37,455 equity shares, each having a face value of Rs 1, according to the updated draft papers.
Read at Business Today IN → - The Print Economy·16h agoZetwerk files updated IPO papers with Sebi; plans to raise Rs 2,600-cr via fresh issue
New Delhi, Aug 14 (PTI) Tech-led manufacturing platform Zetwerk Manufacturing Business Ltd has filed updated papers with market regulator Sebi for an initial public offering (IPO), comprising Rs 2,600 crore through a fresh issue of shares. Along with this, the IPO will comprise…
Read at The Print Economy → - Economic Times·22h agoZetwerk files updated IPO draft papers to raise Rs 2,600 crore
The Bengaluru-based company had received Sebi approval on July 10 for its IPO, clearing the way for one of the largest listings by a new-age manufacturing company. It had submitted its pre-filed DRHP through Sebi’s confidential filing route in late March.
Read at Economic Times → - Inc42 India·23h agoZetwerk Files UDRHP For ₹2,600 Cr IPO
Months after the markets regulator cleared its confidential IPO filing, B2B manufacturing startup Zetwerk has now filed its updated draft…
Read at Inc42 India →
