Zetwerk Targets $2.64 Billion Valuation in Major India IPO
Indian manufacturing platform Zetwerk has set a price range for a $518 million initial public offering, seeking a $2.64 billion valuation. The company serves global and Indian customers across electronics, renewable energy, aerospace and industrial sectors. Its revenue rose 55% year-on-year in the June quarter, underscoring India’s expanding advanced-manufacturing ecosystem.
Zetwerk’s IPO reflects growing investor interest in India’s technology-driven manufacturing sector. The company supports electronics, renewable energy, aerospace and industrial supply chains, strengthening India’s position as a global manufacturing alternative. Fresh capital could help Zetwerk expand operations, improve technology and serve more international customers.
Zetwerk will invite anchor investors on 14 October, followed by public subscription from 15–19 October. The company is expected to list on Indian stock exchanges on 23 October. Investor demand will determine the final issue price and whether Zetwerk achieves its targeted $2.64 billion valuation.
12 October 2026: Zetwerk announces IPO price range
14 October: Anchor-investor bidding begins
15–19 October: Public subscription period
23 October: Expected stock-market listing
After listing: IPO proceeds deployed for expansion, technology and debt reduction
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1. reuters.comView Original
