Zetwerk IPO 15 months away: CEO

Zetwerk Manufacturing Businesses is eyeing an initial public offering (IPO) within the next 15 to 24 months, a senior company official said.

- NARAYANAN V

CONTRACT MANUFACTURING MARKETPLACE Zetwerk Manufacturing Businesses is eyeing an initial public offering (IPO) within the next 15 to 24 months, a senior company official said.

"I don't know if it (IPO) will happen this year. We are looking to file. We are doing all the preparation work, but I think 15 to 24 months is the timeline that we have," said Amrit Acharya, CEO & co-founder of Zetwerk, on Saturday. He was speaking on the sidelines of the inauguration of Zetwerk Electronics' seventh manufacturing facility—its first in Tamil Nadu—at Sriperumbudur, near Chennai. Zetwerk also has two manufacturing plants in the US and one in Europe.