Zetwerk Manufacturing Limited files UDRHP-I for IPO in India; Goldman Sachs as BRLM

Zetwerk Manufacturing Business Limited - UDRHP-1 | Goldman Sachs

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The following disclaimer applies to the updated draft red herring prospectus-I of Zetwerk Manufacturing Businesses Limited (the “ Company ”) dated August 13, 2026 (the “ UDRHP-I ”) and the draft abridged prospectus (the “ Abridged Prospectus ”), filed with the Securities and Exchange Board of India (“ SEBI ”), BSE Limited (“ BSE ”) and National Stock Exchange of India Limited (“ NSE ” and together with BSE, the “ Stock Exchanges ”) on August 13, 2026, hosted on this website in connection with an initial public offering of equity shares of the Company (the “ Offer ”) that Goldman Sachs (India) Securities Private Limited is associated with as a Book Running Lead Manager (“ BRLM ”).

EACH OF THE UDRHP-I AND THE ABRIDGED PROSPECTUS ARE BEING MADE AVAILABLE ON THIS WEBSITE PURSUANT TO THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018, AS AMENDED (“SEBI ICDR REGULATIONS”). In accessing the UDRHP-I and Abridged Prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time.

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or its affiliates are not soliciting any action based on any of the information contained on this website, including the UDRHP-I and Abridged Prospectus, and such information should not be construed as an offer, or invitation or offer to sell or the solicitation of any offer to buy or subscribe for or purchase any security by the Company, the Selling Shareholders, or any of the BRLMs. Neither Goldman Sachs (India) Securities Private Limited nor any of its affiliates represents that the contents of the UDRHP-I and Abridged Prospectus are accurate or complete. The information contained in the UDRHP-I and Abridged Prospectus may not be updated since its original publication date, and may not reflect the latest updates. Any forwarding, distribution or reproduction of the contents herein in whole, or in part is unauthorized.

Please note that because of restrictions imposed by applicable law or regulation on soliciting securities business in various jurisdictions, subscription to the Offer will not be permitted to residents of certain jurisdictions. Accordingly, the Offer related information on this site is not available to all jurisdictions. The information in this section is directed at, and is, intended for distribution to, and use by, residents of India only. The UDRHP-I and Abridged Prospectus is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where (a) distribution or use of such information would not be permissible under or in violation of any applicable law or regulation; or (b) Goldman Sachs (India) Securities Private Limited would by virtue of such distribution become subject to new or additional registration requirements.

The UDRHP-I and Abridged Prospectus do not constitute an offer to sell, or the solicitation of an offer to purchase or acquire, any securities of the Company in the United States or in any other jurisdiction in which such offer or solicitation would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

The Equity Shares have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”) or any other applicable law of the United States and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and any other applicable law of the United States. Accordingly, the Equity Shares are being offered and sold only (i) within India, to Indian institutional, non-institutional and retail investors in compliance with the SEBI ICDR Regulations, (ii) within the United States, only to persons reasonably believed to be “qualified institutional buyers” (as defined in Rule 144A under the U.S. Securities Act (“ Rule 144A ”) and referred to in the UDRHP-I as “U.S. QIBs” and, for the avoidance of doubt, the term U.S. QIBs does not refer to a category of institutional investor defined under applicable Indian regulations and referred to in the UDRHP-I as QIBs) in transactions exempt from, or not subject to, the registration requirements of the U.S. Securities Act, and (iii) outside the United States to eligible investors in “offshore transactions” as defined in, and in reliance on, Regulation S (“ Regulation S ”) under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur. No public offering of the Equity Shares or other securities is being made in the United States.

The UDRHP-I and Abridged Prospectus or any information contained on our website or in the UDRHP-I and Abridged Prospectus do not constitute, and should not be construed as, “ general solicitation ” or “ general advertising ” as defined under Regulation D of the U.S. Securities Act, or “ directed selling efforts ” under Regulation S.

Any person into whose possession the UDRHP-I and Abridged Prospectus comes is required to inform himself or herself about and to observe any such restrictions. Goldman Sachs (India) Securities Private Limited is not soliciting any action based on the UDRHP-I and Abridged Prospectus, and it should not be construed as an offer to sell or the solicitation of an offer to buy any securities by the Company, the Selling Shareholders, or any of the BRLMs. Any potential investor should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the red herring prospectus, when available, which may be filed with the Registrar of Companies, Karnataka at Bangalore (“ RoC ”) in the future, including the section titled “ Risk Factors ”. Any decision on whether to invest in the Equity Shares described in the UDRHP-I and Abridged Prospectus may only be made after a red herring prospectus has been filed with the SEBI and the RoC and must be made solely on the basis of such red herring prospectus as there may be material changes in the red herring prospectus versus the UDRHP-I and Abridged Prospectus. Potential investors should not rely on the UDRHP-I and Abridged Prospectus filed with SEBI for making any investment decision.

Goldman Sachs (India) Securities Private Limited , as a BRLM, has taken all necessary steps to ensure that the contents of the UDRHP-I and Abridged Prospectus as appearing on this website are identical to the UDRHP-I and Abridged Prospectus filed with SEBI and the Stock Exchanges. However, you are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither Goldman Sachs (India) Securities Private Limited nor any of its affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. Goldman Sachs (India) Securities Private Limited will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this website.

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