India’s Zetwerk hires banks for IPO filing next year
CHENNAI: Indian electronics contract manufacturer Zetwerk has hired a slate of banks and plans to file draft papers for its initial public offering in March 2026, a source with direct knowledge of the matter told Reuters on Tuesday.
Kotak Mahindra Capital, Morgan Stanley, Avendus Capital, Goldman Sachs, JM Financial Services and HSBC have been mandated for the deal and are currently conducting valuation work, the source said.
The company declined to comment. Goldman Sachs and HSBC declined to comment, while the other banks did not immediately respond to requests for comment.
