Zetwerk Files RHP, Hikes Fresh IPO Issue to Rs 2,830 Crore

11 Oct 2026, 5:14 pm · 4h ago · 1 min read · Entrackr

Amount

Rs 2,830 Cr

Stage

IPO

Bengaluru-based B2B manufacturing platform Zetwerk has filed its Red Herring Prospectus (RHP) for its upcoming initial public offering, scaling up its fresh issue size to Rs 2,830 crore from Rs 2,600 crore. The offer-for-sale (OFS) component increased 49% to 14.45 crore shares, featuring share sales from co-founders Amrit Pratik Acharya and Srinath Ramakkrushnan, alongside investors Lightspeed Venture Partners, Peak XV Partners, and Accel India V. The IPO will open on October 15, 2026. Zetwerk plans to allocate Rs 2,160 crore from fresh proceeds toward debt prepayment across the company and nine subsidiaries.