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Zetwerk Manufacturing Business Ltd

Zetwerk Manufacturing Business Ltd

NSE & BSE · Mainboard IPO
Closed NSE & BSE Mainboard
Issue Price
₹151
₹151
GMP (Grey Market)
+₹5
+3.31%
Est. Listing Price
₹156
Based on GMP
Min. Investment
₹14,949
1 lot × 99 shares
Subscribed
1.00x
Over-subscribed
Lists in
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Hrs
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Listing on Fri, 23 Oct 2026
IPO Details
Open Date
15 Oct 2026
Close Date
19 Oct 2026
Allotment
21 Oct 2026
Listing Date
23 Oct 2026
Exchange
NSE & BSE
Price Band
₹151
Listing Price
On listing day
Allotment Status
Price Band
₹151
Per share
Face Value
₹1 per share
 
Lot Size
99 Shares
per lot
Issue Size
33,20,07,155 shares (agg. up to ₹5,012 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,949
1 lot
Pre-IPO Holding
1,50,67,72,659 shares
Promoters
Post-IPO Holding
1,69,42,54,778 shares
Promoters
P/E (Pre)
-14.17x
 
EPS (Pre)
₹-10.66
 
UPI Deadline
5:00 PM on 19 Oct 2026
Mandate
GMP
+₹5
+3.31% est.
Anchor AllotmentWed, 14 Oct 2026
Basis of AllotmentWed, 21 Oct 2026
Refund InitiationThu, 22 Oct 2026
Demat CreditThu, 22 Oct 2026
Listing DayFri, 23 Oct 2026
UPI Mandate Deadline5:00 PM on 19 Oct 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares18,74,82,119 shares (agg. up to ₹2,830 Cr)
Offer for Sale14,45,25,036 shares of ₹1 (agg. up to ₹2,182 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Zetwerk Manufacturing Business Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 Oct 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
332,007,155
100% ₹5,013.31
IPO Shares Offered
Zetwerk Manufacturing Business Ltd IPO total issue size: ₹5,013.31 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 332,007,155 ₹5,013.31
100.00%
* Based on upper price band ₹151 per share
Lot Size & Investment
Lot Size
99
Shares per Lot
Issue Price
₹151.00
Upper Band
Min Investment
₹14,949
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2198₹29,898
Retail (Max — 13 Lots)131,287₹194,337
S-HNI (Min — 14 Lots)141,386₹209,286
B-HNI (Min — 68 Lots)686,732₹1,016,532
* Issue Price ₹151 × Lot Size 99 shares
IPO Schedule
Anchor
14 Oct 2026
✓ Done
IPO Open
15 Oct 2026
✓ Done
IPO Close
19 Oct 2026
✓ Done
Allotment
21 Oct 2026
✓ Done
Refunds
22 Oct 2026
✓ Done
Demat Credit
22 Oct 2026
✓ Done
Listing Day
23 Oct 2026
Upcoming
Zetwerk Manufacturing Business Ltd — Price Chart
IPO Closed — Awaiting Listing
Chart goes live on — 23 Oct 2026
About Zetwerk Manufacturing Business Ltd
Incorporated in 2017, Zetwerk Manufacturing Businesses Private Limited is a technology-led global manufacturing platform. The Company operates as a managed marketplace connecting industrial and consumer enterprises with a global network of manufacturing partners for custom and large-scale production requirements. The company serves across sizes, from innovative startups to mature companies, and across industries, including utilities, renewables, consumer electronics, artificial intelligence infrastructure, aerospace, space & defence, oil & gas, and industrial automation.The Company follows an asset-light business model and provides end-to-end solutions, including design, supplier matching, quality control, and logistics. The Company’s proprietary platform, Zetwerk OS, enables real-time tracking and transparency across the manufacturing lifecycle. Its key strengths include scalable manufacturing capacity, strong quality control systems, faster delivery timelines, and a diversified global customer base.It operates across key sectors such as electronics, renewable energy, aerospace and defence, capital goods, and precision manufacturing. Zetwerk has a presence in over 25 countries and a network of 10,000+ suppliers and 1,100+ customers, including Fortune 500 companies. It also operates 20+ manufacturing facilities across India, the United States, and Mexico.In Fiscal 2026, the company had 1,802 customers, comprising 1,613 customers within India and 189 customers outside India.Competitive Strengths:Unique business model enables us to serve multiple demand pools and makes them resilient across economic cyclesBuilding Capabilities to Serve Multiple Industry VerticalsAbility to scale in a capital-efficient mannerZetwerk OS, their proprietary technology enables end‑to-end workflow management across the manufacturing lifecycle while driving powerful network effects across their operationsDeep relationships with customers driving higher revenue visibility and stickinessAbility to add value-additive ecosystem services to the manufacturing platformExperienced, cycle-tested management team backed by an experienced board of directors
Objects of the Issue
1
Repayment/prepayment, in part or full, of certain of or all of borrowings availed by the company
2
Funding inorganic growth through unidentified acquisitions and other strategic acquisitions
3
General Corporate Purposes
4
Repayment/prepayment, in part or full, of certain of or all of borrowings availed
Zetwerk Manufacturing Business Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹2,702.1
30 Jun 2025
₹16,100.6
31 Mar 2026
₹4,195.7
30 Jun 2026
Profit After Tax (PAT)
-₹1,368.5
30 Jun 2025
-₹1,606.2
31 Mar 2026
-₹733.0
30 Jun 2026
Particulars30 Jun 202631 Mar 202630 Jun 2025
Revenue from Operations 4195.70 16100.63 2702.10
EBITDA 103.16 421.34 31.11
Profit After Tax (PAT) -732.98 -1606.17 -1368.47
Net Worth 4094.13 4813.72 3905.13
Total Assets 12016.09 13384.63 9083.09
Reserves & Surplus -771.23 -15.96 3803.94
Borrowings 1942.19 1936.16 1707.21
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
RoNW
-1.74
Issue Structure & Shareholding
Total Shares Offered33,20,07,155
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding1,50,67,72,659 shares
Post-Issue Promoter Holding1,69,42,54,778 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Kotak Mahindra Capital Co.Ltd
Morgan Stanley India Co.Pvt.Ltd
Goldman Sachs (India) Securities Pvt.Ltd
Avendus Capital Pvt.Ltd
JM Financial Ltd.
HSBC Securities & Capital Markets (India) Pvt.Ltd
Pantomath Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Zetwerk Manufacturing Business Ltd IPO subscribed? ▲

Zetwerk Manufacturing Business Ltd IPO is subscribed 1.00 times by Oct 19, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Zetwerk Manufacturing Business Ltd IPO retail subscription status? ▼

The Zetwerk Manufacturing Business Ltd IPO retail category is subscribed 1.00 times as of 19 Oct 2026. The retail portion is oversubscribed.

How to subscribe Zetwerk Manufacturing Business Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 15 Oct 2026 and closes 19 Oct 2026. Min investment: ₹14,949 (1 lot = 99 shares). UPI mandate: 5:00 PM on 19 Oct 2026.

How many times Zetwerk Manufacturing Business Ltd IPO subscribed? ▼

The Zetwerk Manufacturing Business Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Zetwerk Manufacturing Business Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Oct 2026. Refunds: on 22 Oct 2026.

When Zetwerk Manufacturing Business Ltd IPO will be listed? ▼

The Zetwerk Manufacturing Business Ltd IPO listing date is 23 Oct 2026, Friday. Listed on: NSE & BSE. Issue price: ₹151. Estimated listing: ₹156. GMP: +₹5.

When Zetwerk Manufacturing Business Ltd IPO close? ▼

The Zetwerk Manufacturing Business Ltd IPO closes on 19 Oct 2026, Monday. UPI mandate: 5:00 PM on 19 Oct 2026. Allotment: 21 Oct 2026. Listing: 23 Oct 2026.