Zetwerk’s IPO Redux, Neo Bags $25 Mn & More

Zetwerk Revives IPO Plans

Zetwerk is back on the IPO bandwagon. Barely eight months after delaying its listing plans amid market uncertainties, the B2B manufacturing giant has now taken a U-Turn and roped in six bankers to helm its public issue. So, how do Zetwerk’s IPO plans stack up?

Zetwerk’s IPO Gameplan: The contract manufacturing startup is looking to raise up to $750 Mn (INR 6,600 Cr) via its IPO, which will be dominated by a fresh issue. With plans to submit its DRHP confidentially…