Zetwerk plans to confidentially file for Indian IPO, targets $4 billion valuation

Indian contract electronics manufacturer Zetwerk is gearing up for its initial public offering. The company plans to confidentially file draft papers within two weeks. Zetwerk aims to raise up to $550 million at a valuation of approximately $4 billion. The IPO includes fresh equity and an offer for sale. The company is targeting a listing later this year.