From Dealroom · · 30s
Zetwerk Targets $518M India IPO at $3.1B Valuation
Zetwerk aims to raise $518M in India IPO with $3.1B valuation.
In brief
Zetwerk aims to raise $518M in India IPO with $3.1B valuation. Zetwerk targets $518M in India IPO at $3.1B valuation to fund debt reduction and acquisitions. Originally reported by Dealroom.
IPO Price Band
Zetwerk sets price band of $1.94-$2.05 per share for its initial public offering.
IPO Timeline
IPO opens October 15, closes October 19, with listing expected October 23.
Funding Details
Fresh issue of $384.3m plus 14.45 crore shares for sale to raise $518m total.
The bottom line
Zetwerk targets $518M in India IPO at $3.1B valuation to fund debt reduction and acquisitions.
