Zetwerk Manufacturing Businesses logo

Zetwerk Manufacturing Businesses IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Upcoming

Mainboard

PRICE BAND

Rs 143 - 151

LOT SIZE

99

Shares

MIN INVEST

Rs 14,949

CUT-OFF

Rs 151

per share

Open

15 Oct 2026

Last Day

19 Oct 2026

Allotment

21 Oct 2026

Expected Refund

22 Oct 2026

Listing

23 Oct 2026

GMP Today

5m ago

+13.2%

+Rs 20 premium

Refresh in --:--
GMP Graph

Est. Listing Price

GMP Based

Rs 171

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 1,980

+13.2% (99 shares)

Subscription

-

Not open

Sub. Page
IPOGyani AI Engine - Live Prediction
+5.8%

Range: +1.8% to +9.8%

Confidence: Moderate - 54%

Confidence Score - 54%

📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 54/100📊 Sub 0x🏭 Manufacturing Technology Platform
Next refresh: --:---Updated: --:-- IST-Model: IPOGyani v2.1

Live Subscription Tracker

Real-time subscription data

Subscription data will appear when IPO opens

Current IPO Status: upcoming

Summarize with AI

Get a quick Zetwerk Manufacturing Businesses summary (150-200 words) from your favorite AI:

ChatGPTClaudeGemini

About Zetwerk Manufacturing Businesses

Manufacturing Technology Platform

Incorporated in 2017, Zetwerk operates an asset-light manufacturing marketplace supported by its proprietary Zetwerk OS platform for workflow management, production tracking and supply-chain coordination. The company reports a presence in more than 25 countries, a network of over 10,000 suppliers and more than 1,100 customers, including Fortune 500 companies. It operates manufacturing facilities across India, the United States and Mexico. Its customer base spans domestic and international markets and multiple industrial sectors.

IPO_DETAILS_LONG: Zetwerk Manufacturing Businesses IPO is a Mainboard book-building issue comprising a fresh issue of 18,74,82,119 equity shares aggregating up to ₹2,830 crore and an offer for sale of 14,45,25,036 shares aggregating up to ₹2,182.33 crore. The total issue size is approximately ₹5,012.33 crore. The price band is ₹143 to ₹151 per share, with a face value of ₹1 and a lot size of 99 shares. The IPO opens on October 15, 2026 and closes on October 19, 2026. Allotment is scheduled for October 21, refunds and demat credit for October 22, and listing on BSE and NSE for October 23, 2026. The company intends to use ₹1,300 crore toward repayment or prepayment of borrowings, alongside inorganic growth, strategic acquisitions and general corporate purposes. The supplied issue-object table also separately lists ₹860 crore for borrowing repayment or prepayment.

Issue Details

Total Issue Size

Rs 5,012 Cr

Issue Size for Retail

Rs 501.23 Cr

Fresh Issue vs OFS

Fresh Issue
Rs 2,830 Cr (56%)
OFS
Rs 2,182.33 Cr (44%)

Reservation Quota

QIB

75%

Retail

10%

NII

15%

Lead Manager

Kotak Mahindra Capital Company Limited; Morgan Stanley India Company Private Limited; Goldman Sachs (India) Securities Private Limited; Avendus Capital Private Limited; JM Financial Limited; HSBC Securities and Capital Markets (India) Private Limited; Pantomath Capital Advisors Private Limited

Registrar

KFin Technologies Limited

Objects of the Issue (as per DRHP)

  • 1Repayment/prepayment of company borrowings - 1300.00 Cr
  • 2Funding inorganic growth through unidentified acquisitions and other strategic acquisitions - Amount not separately specified
  • 3General Corporate Purposes - Amount not separately specified
  • 4Repayment/prepayment of borrowings as separately listed in the supplied issue-object table - 860.00 Cr

Key Performance Indicator (KPI)

KPIJun 30, 2026Mar 31, 2026
ROENANA
ROCENANA
Debt/EquityNA0.17
RoNW-1.74%-21.11%
PAT MarginNANA
EBITDA MarginNA2.65%
Price to Book Value4.83
Check IPO Peer Comparison here.
Pre IPOPost IPO
EPS (Rs)-10.66NA
P/E (x)-14.17NA
Promoter Holding15.86%11.36%
Market CapRs 25583.25 Cr.

Amrit Pratik Acharya; Srinath Ramakkrushnan

Zetwerk Manufacturing Businesses Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY24FY25FY26
Total Income12,523.4611,492.2316,100.63
Net Profit (PAT)-917.95-370.71-1,606.17
EBITDA97.03322.59421.34
Borrowings1,232.11,746.551,936.16
ROENANANA
ROCENANANA
Debt/Equity0.140.20.17
Assets10,330.8510,355.4313,384.63

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

0
50
100
54
Neutral

Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

Expert reviews for Zetwerk Manufacturing Businesses IPO will appear here once available.

Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.

Company Contact Details

84/1, Vaishnavi Sovereign, Ground and First Floor, Green Glen Layout, Bellandur, Bengaluru Urban, Karnataka 560103
+91 7624 9748 90
[email protected]
Visit Website

Green Flags

  • Broad exposure to manufacturing sectors including electronics, renewable energy, aerospace, defence and precision manufacturing.
  • Global presence across more than 25 countries.
  • Large supplier and customer network, including Fortune 500 companies.
  • Proprietary Zetwerk OS supports manufacturing workflow visibility and coordination.
  • FY26 total income increased to ₹16,100.63 crore from ₹11,492.23 crore in FY25.
  • EBITDA in the supplied annual financial table increased to ₹421.34 crore in FY26 from ₹322.59 crore in FY25.

Red Flags

  • The company reported a consolidated loss after tax of ₹1,606.17 crore in FY26 compared with a loss of ₹370.71 crore in FY25.
  • The June 2026 quarter reported a loss after tax of ₹732.98 crore.
  • FY26 RoNW was negative at -21.11%.
  • Borrowings increased from ₹1,746.55 crore in FY25 to ₹1,936.16 crore in FY26.
  • The IPO includes an OFS of approximately ₹2,182.33 crore, representing about 43.54% of the total issue.
  • The IPO valuation is based on a loss-making business, so conventional positive earnings multiples are not available.
  • The issue-object table lists ₹2,160 crore in borrowing repayment/prepayment across two separate entries, which should be reconciled against the final prospectus before database publication.
  • === END ===

IPO Lot Size

Investors can bid for a minimum of 99 shares and in multiples thereof.

ApplicationLotsSharesAmount
Retail (Min)199₹14,949
S-HNI (Min)141,386₹2,09,286
B-HNI (Min)676,633₹10,01,583

Grey Market Premium

Zetwerk Manufacturing Businesses IPO GMP Today

GMP trend chart and full day-by-day history

→

Subscription Status

Zetwerk Manufacturing Businesses IPO Subscription

Live status, allotment chance and day-wise figures

→

Comparison Tool

Compare Zetwerk Manufacturing Businesses with Other IPOs

Side-by-side comparison with GMP, subscription, and financial metrics

→

Frequently Asked Questions

What is the price band of Zetwerk Manufacturing Businesses IPO?

The price band is Rs 143-151 per share. One lot contains 99 shares; its value at the upper price is Rs 14,949. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for Zetwerk Manufacturing Businesses IPO?

The scheduled bidding period is 15 Oct 2026 to 19 Oct 2026.

When is Zetwerk Manufacturing Businesses IPO scheduled to list?

The scheduled listing date is 23 Oct 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

Who is the registrar for Zetwerk Manufacturing Businesses IPO?

KFin Technologies Limited is the registrar. See the allotment page for the available schedule and official checking link.

Who manages Zetwerk Manufacturing Businesses IPO?

Lead manager information recorded for this issue: Kotak Mahindra Capital Company Limited; Morgan Stanley India Company Private Limited; Goldman Sachs (India) Securities Private Limited; Avendus Capital Private Limited; JM Financial Limited; HSBC Securities and Capital Markets (India) Private Limited; Pantomath Capital Advisors Private Limited.

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

Current IPO Pages

Explore detailed GMP, subscription and IPO analysis pages for the latest active issues.