Investments
Zetwerk Manufacturing Business IPO logo

Zetwerk Manufacturing Business IPO 2026

Listed
BSE, NSE Bookbuilding IPO
Issue Size

₹5,012.00 Cr

Price Band

₹143 – ₹151

Lot Size

99

shares per lot

Min Investment

₹14,949

Est. Profit / Lot

+₹119

99 shares

Listing Date

Oct 23

2026

GMP Trend

Unofficial / Indicative

Grey Market Premium is unofficial, unregulated, and does not represent a guaranteed listing price.

Latest GMP

+₹1

GMP %

+0.8%

Indicative Listing

₹152

Est. Profit/Lot

+₹119

IPO Details

Issue Information

Issue Type Bookbuilding IPO
Listing At BSE, NSE

Issue Size & Shares

Issue Size ₹5,012.00 Cr
Fresh Issue 187,482,119 shares
Offer for Sale 144,525,036 shares
Total Shares 332,007,155
Face Value ₹1

Price & Investment

Price Band ₹143 – ₹151
Lot Size 99 shares
Min Investment ₹14,949
Max Investment ₹194,337
Per Lot Cost ₹14,157 – ₹14,949
Promoter Holding 21.08% → 15.71%

Important Dates

Open Date Oct 15, 2026
Close Date Oct 19, 2026
Anchor Date Oct 14, 2026
Allotment Date Oct 21, 2026
Refund Date Oct 22, 2026
Demat Credit Oct 22, 2026
Listing Date Oct 23, 2026

Listing Performance

Issue Price ₹151

IPO Timeline

Anchor Investor Bidding

Oct 14, 2026 ✓ Completed

IPO Opens

Oct 15, 2026 ✓ Completed

IPO Closes

Oct 19, 2026 ✓ Completed

Basis of Allotment

Oct 21, 2026 ✓ Completed

Refund Initiation

Oct 22, 2026 ✓ Completed

Demat Credit

Oct 22, 2026 ✓ Completed

Listing on Exchange

Oct 23, 2026 ✓ Completed

Registrar & Allotment Status

Registrar details, lead managers, and allotment status.

Registrar

Kfin Technologies Ltd.

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.

Allotment Finalized

Check your allotment status on the platforms below.

Finalized

Oct 21, 2026

Subscription Details

Latest subscription data as of Day 3 · Oct 19, 2026.

Category Subscription
QIB 4.71x
NII / HNI 0.86x
Retail 0.77x
Total 3.10x

Subscription

Date QIBNIIRetail Total
Day 1 0.30x 0.09x 0.23x 0.23x
Day 2 0.37x 0.15x 0.37x 0.31x
Oct 19, 2026 4.71x 0.86x 0.77x 3.10x

Lot Size & Investment

Minimum Lot

99 shares

Minimum Investment

₹14,949

Max Investment (Retail)

₹194,337

ApplicationLotsSharesAmount
Retail (Min) 1 99 ₹14,949
Retail (Max) 13 1,287 ₹194,337
S-HNI (Min) 14 1,386 ₹209,286
S-HNI (Max) 66 6,534 ₹986,634
B-HNI (Min) 67 6,633 ₹1,001,583

Financial Highlights

Period Revenue (₹ Cr) PAT (₹ Cr) EBITDA (₹ Cr) Assets (₹ Cr) Net Worth (₹ Cr) Debt (₹ Cr)
31 mar 2026 16,101 -1,606 421 13,385 4,814 0
31 mar 2025 11,492 -371 323 10,355 4,454 0
31 mar 2024 12,523 -918 97 10,331 4,062 0
30 jun 2026 4,196 -733 103 12,016 4,094 0
30 jun 2025 2,702 -1,368 31 9,083 3,905 0

Key Performance Indicators (31 mar 2026)

ROE

-21.1%

ROCE

8.8%

ROA

-12.0%

PAT Margin

-10.0%

EBITDA Margin

2.6%

About Zetwerk Manufacturing Business

Zetwerk IPO is a book build issue of ₹5,012.33 crores. The issue is a combination of fresh issue of 18.75 crore shares aggregating to ₹2,830.00 crores and offer for sale of 14.45 crore shares aggregating to ₹2,182.33 crores.

Promoters

Amrit Pratik Acharya and Srinath Ramakkrushnan

Objectives of the Issue

Use of IPO proceeds as disclosed in the offer document.

  • Repayment/prepayment, in part or full, of certain of or all of borrowings availed by the company
  • Certain of our Subsidiaries, namely, (i) Sharp Tanks and Structurals Private Limited; (ii) Terra91 International Private Limited; (iii) Smile Electronics Limited; (iv) Kryfs Power Components Limited; (v) Kryfs Transformers Private Limited; (vi) Unimacts Global LLC; (vii) Zetwerk Manufacturing SG Pte. Ltd.; (viii) Zap91 Solar India Private Limited; and (ix) Zet Town India Private Limited through investments in such Subsidiaries
  • Funding inorganic growth through unidentified acquisitions and other strategic acquisitions, and general corporate purposes
  • Issue Expenses

Promoter Holding

Pre-IPO Holding

21.08%

Post-IPO Holding

15.71%

Promoter dilution: 5.37%

Reservation & Allotment

Category-wise reservation of shares for this IPO.

CategoryReservation %Shares
QIB75.00%248,480,367
Anchor44.91%149,088,220
NII / HNI15.00%49,696,073
Retail10.00%33,130,715
Employee0.21%700,000

Zetwerk Manufacturing Business IPO FAQs

What is Zetwerk Manufacturing Business IPO?

Zetwerk IPO is a book build issue of ₹5,012.33 crores. The issue is a combination of fresh issue of 18.75 crore shares aggregating to ₹2,830.00 crores and offer for sale of 14.45 crore shares aggregating to ₹2,182.33 crores.

What is the Zetwerk Manufacturing Business IPO price band?

The Zetwerk Manufacturing Business IPO price band is ₹143 – ₹151 per share.

When does Zetwerk Manufacturing Business IPO open and close?

The Zetwerk Manufacturing Business IPO opens on Oct 15, 2026 and closes on Oct 19, 2026.

What is the lot size and minimum investment for Zetwerk Manufacturing Business IPO?

The Zetwerk Manufacturing Business IPO lot size is 99 shares and the minimum investment is ₹14,949.

What is the Zetwerk Manufacturing Business IPO subscription status?

As of Day 3, the Zetwerk Manufacturing Business IPO is subscribed 3.10 times overall.

What is the Zetwerk Manufacturing Business IPO GMP today?

The latest Zetwerk Manufacturing Business IPO grey market premium (GMP) is ₹1 per share, which is unofficial and may change.

When is the Zetwerk Manufacturing Business IPO allotment date?

The expected allotment date for Zetwerk Manufacturing Business IPO is Oct 21, 2026.

When will Zetwerk Manufacturing Business IPO list?

The Zetwerk Manufacturing Business IPO is expected to list on Oct 23, 2026 on BSE, NSE.

Who is the registrar of Zetwerk Manufacturing Business IPO?

The registrar for Zetwerk Manufacturing Business IPO is Kfin Technologies Ltd..

Key Dates

AnchorOct 14, 2026
OpenOct 15, 2026
CloseOct 19, 2026
AllotmentOct 21, 2026
RefundOct 22, 2026
Demat CreditOct 22, 2026
ListingOct 23, 2026

Disclaimer: All information on this page is for news, educational, and research purposes only. Grey Market Premium (GMP) is unofficial, unregulated, and indicative — it does not represent a guaranteed listing price. We do not provide investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.