Zetwerk Manufacturing Limited IPO Details
MainboardListed
EQGMP TodayLive
₹1(+0.8%)
Est. Listing: ₹152
7-Day Trend
7 days ago: ₹1Latest: ₹1
Price Band₹143 - ₹151Lot: 99 Shares
Min Outlay₹14,157Retail Category
Closes On19 Oct 2026Bidding Deadline
Total Demand3.1xSubscription Book
Zetwerk Manufacturing Limited IPO DetailsCore Specs
IPO Bidding Dates | 15 Oct 2026 to 19 Oct 2026 |
Allotment Date | 21 Oct 2026 |
Listing Date | 23 Oct 2026 |
Issue Price Band | ₹143 - ₹151 |
Market Lot Size | 99 Shares |
Face Value | ₹1 per share |
Total Issue Size | 33,20,07,155 Shares (₹5012.33 Cr) |
Fresh Issue | 18,74,82,119 Shares (₹2830.00 Cr) |
Offer For Sale (OFS) | 14,45,25,036 Shares (₹2182.33 Cr) |
Listing Exchange(s) | NSE, BSE |
Pre-Issue Shares | 1,50,67,72,659 |
Post-Issue Shares | 1,69,42,54,778 |
Lot(s) Distribution
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 99 | ₹14,949 |
| sHNI (Min) | 14 | 1,386 | ₹2,09,286 |
| bHNI (Min) | 67 | 6,633 | ₹10,01,583 |
Company Financials (In Crores)
| Period Ended | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| Assets | 12016.09 | 13384.63 | 10355.43 | 10330.85 |
| Revenue | 4195.7 | 16100.63 | 11492.23 | 12523.46 |
| Net Worth | 4094.13 | 4813.72 | 4453.76 | 4062.46 |
| Borrowing | 1942.19 | 1936.16 | 1746.55 | 1232.1 |
| PAT | -732.98 | -1606.17 | -370.71 | -917.95 |
| Reserves | -771.23 | -15.96 | 4355.22 | 4025 |
Key Performance Indicators (KPI)
| Metric | Jun-26 | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|---|
| ROCE (%) | - | - | - | - |
| RONW (%) | -1.74 | -21.11 | -4.76 | -21.00 |
| EPS (₹) | -0.45 | -6.69 | -1.17 | -4.86 |
| P/E Ratio | - | - | - | - |
About Zetwerk Manufacturing Limited
Zetwerk Manufacturing Businesses Private Limited, incorporated in 2017 and headquartered in Bengaluru, India, is a technology-driven global manufacturing platform that connects industrial and consumer businesses with a network of manufacturing partners for customized and large-scale production. The company follows an asset-light model and provides end-to-end services covering design, supplier selection, quality control, production coordination and logistics. It serves key industries including electronics, renewable energy, aerospace and defence, capital goods and precision manufacturing. Zetwerk has a presence across more than 25 countries, with a network of over 10,000 suppliers and 1,100 customers, including Fortune 500 companies, and operates more than 20 manufacturing facilities across India, the United States and Mexico. Its proprietary platform, Zetwerk OS, provides real-time visibility and tracking throughout the manufacturing process. The company is supported by approximately 1,000–1,500 professionals across engineering, technology and project management functions, while its scalable manufacturing network, quality control processes, faster delivery capabilities and diversified global customer base support its growth in the international manufacturing sector.
Strengths & Growth Drivers
- Technology-Led Manufacturing Platform: Zetwerk operates an asset-light, technology-driven manufacturing platform that connects customers with suppliers and manages the manufacturing lifecycle from design and sourcing to production, quality, and logistics.
- Large & Diversified Manufacturing Network: As of March 2026, the company served 1,802 customers through 6,979 suppliers across 26 countries and operated 26 owned manufacturing facilities across four countries.
- Diversified Industry Exposure: Zetwerk serves multiple sectors including renewable energy, utilities, electronics, aerospace & defence, oil & gas, capital goods, industrial automation, and precision manufacturing, reducing dependence on a single industry.
Risk Factors
- Supply Chain Dependence: The business relies on a large network of third-party suppliers for manufacturing capacity and sourcing. Supplier disruptions, quality issues, delays, or capacity constraints could affect customer deliveries and profitability.
- Customer & Order Dependence: Manufacturing demand can fluctuate based on customer orders, project cycles, and end-market conditions. Loss or reduction of business from major customers could negatively impact revenue and capacity utilisation.
- Global Operational Risks: Operations across multiple countries expose the company to changes in trade policies, tariffs, foreign-exchange movements, regulations, geopolitical conditions, and disruptions in international supply chains.
Company Promoters
- Amrit Pratik Acharya
- Srinath Ramakkrushnan
Lead Manager(s)
Avendus Capital Private Limited, Goldman Sachs (India) Securities Private Limited, Hsbc Securities & Capital Markets Private Limited, Jm Financial Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Pantomath Capital Advisors Private Limited
Current GMP Today+₹1.2Live Unofficial Premium
Estimated Listing Price₹14950.20Cap Price (₹14949) + GMP (₹1.2)
Estimated Listing Gain+0.0%Expected ROI per Share
Zetwerk Manufacturing Limited Daily GMP Trend HistoryLive Daily Trend
| GMP Date | IPO Price | GMP (₹) | Est. Listing Price | Expected Gain (%) | Last Updated |
|---|---|---|---|---|---|
| 27 Oct 2026 | ₹151 | +₹1.2 | ₹152.20 | +0.8% | 12:10 PM |
| 23 Oct 2026 | ₹151 | +₹1.2 | ₹152.20 | +0.8% | 06:37 PM |
| 22 Oct 2026 | ₹151 | +₹1 | ₹152.00 | +0.7% | 06:32 PM |
| 21 Oct 2026 | ₹151 | ₹0 | ₹151.00 | 0.0% | 06:34 PM |
| 20 Oct 2026 | ₹151 | +₹2 | ₹153.00 | +1.3% | 06:32 PM |
| 19 Oct 2026 | ₹151 | +₹3 | ₹154.00 | +2.0% | 10:08 AM |
| 19 Oct 2026 | ₹151 | +₹3.5 | ₹154.50 | +2.3% | 10:13 AM |
| 19 Oct 2026 | ₹151 | +₹3.6 | ₹154.60 | +2.4% | 04:37 AM |
| 17 Oct 2026 | ₹151 | +₹5.5 | ₹156.50 | +3.6% | 04:30 AM |
| 16 Oct 2026 | ₹151 | +₹8.5 | ₹159.50 | +5.6% | 04:11 PM |
| 16 Oct 2026 | ₹151 | +₹5 | ₹156.00 | +3.3% | 04:28 AM |
| 15 Oct 2026 | ₹151 | +₹15 | ₹166.00 | +9.9% | 04:39 AM |
| 14 Oct 2026 | ₹151 | +₹19 | ₹170.00 | +12.6% | 04:28 AM |
| 13 Oct 2026 | ₹151 | +₹22 | ₹173.00 | +14.6% | 04:24 AM |
| 12 Oct 2026 | ₹151 | +₹11 | ₹162.00 | +7.3% | 05:50 AM |
| 12 Oct 2026 | ₹151 | +₹19.5 | ₹170.50 | +12.9% | 04:28 AM |
| 11 Oct 2026 | ₹151 | +₹40 | ₹40.00 | +26.5% | 02:52 PM |
| 10 Oct 2026 | ₹151 | +₹30 | ₹30.00 | +19.9% | 02:18 PM |
| 09 Oct 2026 | ₹151 | +₹25 | ₹25.00 | +16.6% | 01:02 PM |
| 06 Oct 2026 | ₹151 | ₹0 | ₹0.00 | 0.0% | 12:26 PM |
Subscription Details (No. of Shares)Live Demand Book
| Category | Shares Offered | Shares Applied | Subscription Demand |
|---|---|---|---|
| QIB | 9,93,92,146 | 46,82,02,185 | 0x |
| NIB | 4,96,96,073 | 7,18,97,067 | 0x |
| HNIs(10L +) | 3,31,30,716 | 5,75,49,987 | 0x |
| HNIs (2-10L) | 1,65,65,358 | 1,43,47,080 | 0x |
| RETAIL | 3,31,30,716 | 2,52,01,638 | 0x |
| EMPLOYEES | 7,00,000 | 12,25,521 | 0x |
Day Wise Subscription Details
| Day | Date | QIB (x) | NII (x) | Retail (x) | Total (x) |
|---|---|---|---|---|---|
| Day 1 | - | 0x | 0x | 0x | 0x |
| Day 2 | - | 0x | 0x | 0x | 0x |
| Day 3 | - | 0x | 0x | 0x | 0x |
IPO Reservation Breakup
| Investor Category | Shares Offered | Allocation (%) |
|---|---|---|
| Anchor | 14,90,88,220 | 44.91% |
| QIB | 9,93,92,146 | 29.94% |
| HNI | 4,96,96,073 | 14.97% |
| RETAIL | 3,31,30,716 | 9.98% |
| Employee | 7,00,000 | 0.21% |
Official IPO Documents & Filings
Red Herring Prospectus (RHP)
Complete issue guidelines, risks, financials, and company profile.
Draft Red Herring (DRHP)
Initial draft submitted to SEBI before price discovery.
Zetwerk Manufacturing Limited IPO Review & FAQ
Everything you need to know about IPO GMP, Kostak, and listing expectations.
As of today, Zetwerk Manufacturing Limited IPO Grey Market Premium (GMP) is trading at ₹1 per share. With an issue cap price of ₹151, the expected listing price is ₹152 (+0.8% gain).
UPCOMING15 OCT
OPEN15 OCT
CLOSE19 OCT
LISTED23 OCT
Quick NavigationAuto-Synced
Issue Key Information
Allotment StatusPrice Band₹143 - ₹151
Issue Cap Price₹151
Market Lot Size99 Shares
Min Retail Outlay₹14,157
Total Issue Size₹5012.33 Cr
Listing ExchangesNSE, BSE
RegistrarKfin Technologies Limited
IPO Lot & Return Calculator
1 Lot(s)
Total Shares Applied:99 shares
Required Investment (At Cap):₹14,949
Expected Listing Gain (@ GMP):+₹119
Estimated Portfolio Value:₹15,068