Economic TimesLean R·
Can Zetwerk Manufacturing IPO deliver long-term growth for high-risk investors?
ET Intelligence Group: Zetwerk Manufacturing Businesses, a manufacturer of assorted products with dominant share from green energy, is seeking to raise as much as ₹2,830 crore through fresh equity in an IPO even as it continues to make losses. It will also raise upto ₹2,182 crore through an offer for sale. Given the profile of the company, it says there are very few peers in Indian listed space, but boasts of clients including Siemens Gamesa, CG Power, and NTPC Renewable. While the normal price…
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