Zetwerk Manufacturing Business Gets SEBI Approval For IPO
Zetwerk Manufacturing Business Limited has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO).According to SEBI's latest processing status for draft offer documents, observations were issued for Zetwerk during the week ended July 9, 2026. The company had filed its draft offer documents on April 1, 2026.
The proposed IPO is expected to comprise a fresh issue of shares along with an offer for sale by existing shareholders. Details including the issue size and valuation will be determined through the book-building process.
Zetwerk's existing investors include Khosla Ventures, Baillie Gifford, Rakesh Gangwal, Accel, Peak XV, GreenOak and Lightspeed.
Technology-Led Manufacturing Across Multiple Sectors
Founded in 2018 by Amrit Acharya and Srinath Ramakkrushnan, Zetwerk operates a technology-enabled manufacturing platform connecting industrial demand with a distributed network of suppliers and manufacturing facilities.
The company's operations span energy, electronics, defence, aerospace and capital goods, alongside industrial supply and raw-material procurement. It uses its proprietary software system, Zetwerk OS, to manage sourcing, production planning, supplier coordination and project execution across its network.
Zetwerk operates through a combination of owned manufacturing facilities and a large third-party supplier network globally. The company participates in sectors benefiting from shifts in global supply chains, increased investment in data centres and infrastructure, energy transition, defence manufacturing and India's push for domestic production.
The IPO will mark another step in the company's expansion since its founding, as it seeks to tap the public markets after building a presence across multiple manufacturing sectors.
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