Zetwerk’s stock price jumps over 5% on its first day of trading, listing at ₹159.25 compared to its ₹151 issue price. The company raised $518 million through its initial public offering (IPO). The debut follows strong investor demand, with shares trading at a premium on the National Stock Exchange (NSE).
Zetwerk plans to open three additional manufacturing facilities to expand its **‘Universal Factory’** model, enabling on-demand production of custom parts. The company leverages automation and modular design to serve industries like aerospace, automotive, and healthcare. Zetwerk targets an upcoming **IPO** to accelerate growth and further scale its distributed manufacturing network.
Zetwerk Manufacturing is seeking a $272 million valuation through an initial public offering (IPO) in India. The company specializes in advanced manufacturing and industrial solutions, targeting growth in domestic and export markets. The filing marks a significant step toward expanding its operational scale and market reach.
Zetwerk appoints Vadim Yakubov as CEO of its US subsidiary, Unimacts, to strengthen its manufacturing operations in the region. Yakubov brings extensive industry experience to the role. The company remains on track for its upcoming IPO.