
Capital Goods · NSE / BSE
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.
Price Band
₹143 – ₹151
Issue Size
₹5012 Cr
Lot Size
99 shares
GMP
+0.8%
Est. Listing
₹152.2
at current GMP
Subscribed
3.10x
overall
Open
15 Oct 2026
Close
19 Oct 2026
Allotment
21 Oct 2026
Refund
22 Oct 2026
Demat Credit
23 Oct 2026
Listing
23 Oct 2026
Overall Subscription
3.10x
Total Demand
QIB Multiplier
4.71x
Institutions & Funds
NII / HNI
1.45x
High Net-Worth
Retail (RII)
0.76x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 99,392,146 | 468,202,185 | 4.71x |
| NIB | 49,696,073 | 71,897,067 | 1.45x |
| HNIs(10L +) | 33,130,716 | 57,549,987 | 1.74x |
| HNIs (2-10L) | 16,565,358 | 14,347,080 | 0.87x |
| RETAIL | 33,130,716 | 25,201,638 | 0.76x |
| EMPLOYEES | 700,000 | 1,225,521 | 1.75x |
| Total | 232,615,009 | 638,423,478 | 3.10x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 334,654 | 176,694 | 0.53x |
| EMPLOYEES | — | 2,594 | 0.00x |
| HNIs(10L +) | 23,904 | 8,340 | 0.35x |
| HNIs (2-10L) | 11,952 | 9,069 | 0.76x |
| Total Applications | 370,510 | 196,697 | 0.53x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Zetwerk Manufacturing Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹5,012.33 Crores. The shares are offered at a price band of ₹143 to ₹151 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-10-19, the basis of allotment is scheduled to be finalized on 2026-10-21. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Zetwerk Manufacturing Limited IPO is ₹1.2 per equity share. Based on the upper price band of ₹143 to ₹151 per equity share, the estimated listing price is ₹152.2 (+0.8% expected listing gain).
With a lot size of 99 shares and current GMP of ₹1.2, the expected profit per application lot is approx ₹118.8 (+0.8% gain). Minimum application cost is approx ₹14,949.
The Zetwerk Manufacturing Limited IPO aggregate issue size is ₹5,012.33 Crores with an equity price band set at ₹143 to ₹151 per equity share. The retail lot size is 99 shares requiring a minimum capital outlay of approx. ₹14,949.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 3.10x (Retail: 0.76x, QIB: 4.71x, NII: 1.45x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-10-21. Investors can verify status using PAN card or application number.
Zetwerk Manufacturing Limited shares are scheduled to list on NSE and BSE on 2026-10-23.