Zetwerk Pvt., an Indian manufacturing platform, is preparing to launch an initial public offering as early as next week that may raise as much as $525 million (nearly Rs 5,000 cr), according to people familiar with the matter.
The Bengaluru-based company has met with potential investors ahead of the planned share sale and is targeting a valuation of Rs 270 billion ($2.8 billion), the people said, asking not to be identified because the information is private. The sale is likely to open on Oct. 15 with a targeted listing date of Oct. 23, they said
