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Zetwerk seeks $3B valuation, $500M pre-IPO funding for $5B IPO.
Zetwerk, a B2B manufacturing platform, is seeking Rs 500 crore in pre-IPO funding at a $3 billion valuation, led by Bharat Value Fund.
The company plans to confidentially file draft IPO papers with Sebi for a total offering of about Rs 5,000 crore, including Rs 2,700–2,800 crore in fresh capital.
Despite an 11% decline in operating revenue to Rs 12,798 crore, Zetwerk narrowed its net loss to Rs 371 crore.
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Zetwerk busca una valoración de $ 3 mil millones, $ 500 millones de fondos previos a la salida a bolsa para $ 5 mil millones de IPO.