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Zetwerk Manufacturing Business Ltd
Open NSE & BSE Bookbuilding IPO

Zetwerk Manufacturing Business Ltd IPO

GMP Today
+₹18
+11%
Issue Price
₹151
Est. Listing: ₹169
IPO Overview
Quick facts
Issue Price
₹151
Lot Size
99 shares
Min. Investment
₹14,949
Issue Size
33,20,07,155 shares (agg. up to ₹5,012 Cr)
Face Value
₹1
Issue Type
Bookbuilding IPO
Listing Exchange
NSE & BSE
Script Code
—
Important Dates
IPO Open
15 Oct 2026
Today
IPO Close
19 Oct 2026
Allotment
21 Oct 2026
Refund Init.
22 Oct 2026
Demat Credit
22 Oct 2026
Listing Date
23 Oct 2026
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 99392146 — ₹—
NII / HNI (Non-Institutional) 49696073 14 ₹2,09,286
Retail (Individual) 33130716 1 ₹14,949
Fresh Issue 18,74,82,119 shares (agg. up to ₹2,830 Cr) — ₹—
OFS (Offer for Sale) 14,45,25,036 shares of ₹1 (agg. up to ₹2,182 Cr) — ₹—
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 1 99 ₹14,949
HNI — sHNI 14 1386 ₹2,09,286
HNI — bHNI 67 6633 ₹10,01,583
Subscription Status
Live
Metric QIB NII Retail Total
Subscription 0.00 0.02 0.11 0.03
Shares 99392146 49696073 33130716 182918935
Bids 6633 1103652 3603204 4806450
Financial Highlights

Amount in ₹ Crore

Metric 30 Jun 2026 31 Mar 2026 30 Jun 2025
Revenue 4195161002702
PAT -732-1606-1368
EBITDA 10342131
Net Worth 409448133905
Total Assets 12016133849083
Reserves -771-153803
Borrowings 194219361707
RONW
-1
Pre EPS
-10
Pre P/E
-14
Objects of Issue
  • Repayment/prepayment, in part or full, of certain of or all of borrowings availed by the company
  • Funding inorganic growth through unidentified acquisitions and other strategic acquisitions
  • General Corporate Purposes
  • Repayment/prepayment, in part or full, of certain of or all of borrowings availed
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 cycles
  • Building Capabilities to Serve Multiple Industry Verticals
  • Ability to scale in a capital-efficient manner
  • Zetwerk OS, their proprietary technology enables end‑to-end workflow management across the manufacturing lifecycle while driving powerful network effects across their operations
  • Deep relationships with customers driving higher revenue visibility and stickiness
  • Ability to add value-additive ecosystem services to the manufacturing platform
  • Experienced, cycle-tested management team backed by an experienced board of directors
Apply for This IPO
₹151
Min. ₹14,949 · 99 shares/lot
Expected Listing ₹169
GMP +₹18 (+11%)
Close Date 19 Oct 2026
Apply Now — Open
Pre-Issue
1,50,67,72,659 shares
Post-Issue
1,69,42,54,778 shares
Company Contact
Registrar
Kfin Technologies Ltd
  • 040-79615565
  • zetwerk.ipo@kfintech.com
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
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