Zetwerk gets SEBI nod for IPO, likely to raise ₹4,200 crore

Manufacturing startup Zetwerk has secured SEBI approval for its proposed IPO, taking a key step towards its stock market debut. The public issue will include a fresh issue of shares and an offer for sale by existing investors. The final issue size and valuation will be decided through the book-building process. It is looking to raise up to ₹4,200 crore.