Capital
India's contract manufacturing startup 'Zetwerk' receives regulator's approval for IPO
Image: Primary Zetwerk has received approval from the Securities and Exchange Board of India (SEBI) to go ahead with its initial public offering (IPO). The approval comes after the company confidentially filed its draft IPO papers with the market regulator earlier this year. Zetwerk can now move ahead with the remaining IPO process, subject to market conditions, following SEBI's issuance of its observation letter. The IPO will include a fresh issue of equity shares and an Offer for Sale
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