Zetwerk Manufacturing Businesses Share Price Listing: Lists at ₹159.25, 5.46% Above IPO Price

Key Highlights
Zetwerk Manufacturing Businesses mainboard IPO listed on NSE on Oct 23 at ₹159.25, 5.46% above the issue price of ₹151.
Last updated: Fri, Oct 23, 2026, 12:09 PM IST · mainboard ·
- Zetwerk Manufacturing Businesses shares listed at ₹159.25, 5.46% above the issue price of ₹151
- Day range so far: ₹127.4 to ₹161
- Last traded price: ₹127.98 (−15.25% versus the issue price)
- : 10,84,90,491 shares
- Price band: ₹143 to ₹151 per share
- Final subscription: 3.06x overall
The Zetwerk Manufacturing Businesses IPO listed on the NSE on October 23, 2026. The shares debuted at ₹159.25, which was 5.46% above the issue price of ₹151. As of 12:09 PM IST on October 23, 2026, the shares traded between a range of ₹127.4 and ₹161. The last traded price was ₹127.98, representing a change of −15.25% versus the issue price.
Zetwerk Manufacturing Businesses Share Price on Listing Day
| Field | Value |
|---|---|
| Issue price | ₹151 |
| Listing price | ₹159.25 |
| Listing gain versus issue price | +5.46% |
| Day high | ₹161 |
| Day low | ₹127.4 |
| Last traded price | ₹127.98 |
| Volume (shares) | 10,84,90,491 |
| NSE |
Zetwerk Manufacturing Businesses Listing Price versus
| Price point | Price | Versus issue price |
|---|---|---|
| Price band, lower end | ₹143 | −5.3% |
| Price band, upper end | ₹151 | +0% |
| Issue price | ₹151 | — |
| Listing price | ₹159.25 | +5.46% |
| Day high | ₹161 | +6.62% |
| Day low | ₹127.4 | −15.63% |
| Last traded price | ₹127.98 | −15.25% |
The shares were offered at a price band of ₹143 to ₹151 per share, with the final issue price set at ₹151. Upon listing, the price moved from an opening of ₹159.25 to a low of ₹127.4 and a high of ₹161 during the trading session.
Zetwerk Manufacturing Businesses IPO Recap
Day-wise subscription
| Day | Date | Total bids (shares) | Bid value at upper band (₹ crore) | Subscribed (x) |
|---|---|---|---|---|
| Day 1 | Thu, Oct 15, 2026 | 4,17,16,818 | 629.92 | 0.23x |
| Day 2 | Fri, Oct 16, 2026 | 5,75,06,130 | 868.34 | 0.31x |
| Day 3 | Mon, Oct 19, 2026 | 56,62,57,923 | 8,550.49 | 3.06x |
Category-wise subscription
| Category | Shares offered | Day 3 bids | Day 3 (x) |
|---|---|---|---|
| 9,89,17,930 | 46,82,02,185 | 4.73x | |
| 5,12,69,349 | 7,18,53,111 | 1.40x | |
| of which individual NII | — | 6,56,71,056 | — |
| of which corporate NII | — | 22,14,531 | — |
| of which other NII | — | 39,67,524 | — |
| 3,41,79,566 | 2,50,87,887 | 0.73x | |
| Employee | 7,00,000 | 11,14,740 | 1.59x |
| Total | 18,50,66,845 | 56,62,57,923 | 3.06x |
About Zetwerk Manufacturing Businesses
Zetwerk Manufacturing Businesses is a technology-led, asset-light manufacturing platform for industrial and consumer goods. The company aggregates manufacturing capacity across third-party suppliers and its own facilities into a universal factory. This network is unified through Zetwerk OS, its proprietary technology backbone. The company serves customers ranging from startups to mature companies across industries including renewables, consumer electronics, aerospace, and defence. Its suppliers operate across several countries, including India, Vietnam, Thailand, Taiwan, Germany, Spain, Eastern Europe, Mexico, and the USA, providing processes such as metal fabrication, injection moulding, and assembly.
| Field | Value |
|---|---|
| IPO date | Thu, Oct 15, 2026 to Mon, Oct 19, 2026 |
| Listing date | Fri, Oct 23, 2026 |
| Face value | ₹1 per share |
| Price band | ₹143 to ₹151 per share |
| Lot size | 99 shares |
| Total issue size | 18,50,66,845 shares (₹2,795 crore) |
| Listing at | NSE & |
| 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 Consultants Pvt Ltd, HSBC Securities and Capital Markets (India) Pvt Ltd., Pantomath Capital Advisors Pvt Ltd. |
| KFIN Technologies Ltd. |
Zetwerk Manufacturing Businesses Financial Highlights
| Metric | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| from operations (₹ crore) | 15,913.32 | 11,331.86 | 12,364.37 |
| Total income (₹ crore) | 16,121.70 | 11,514.07 | 12,548.88 |
| Profit after tax (₹ crore) | -964.39 | -215.07 | -852.53 |
| Net worth (₹ crore) | 4,653.90 | 4,411.79 | 4,065.26 |
| Total borrowings (₹ crore) | 1,069.81 | 1,637.54 | 1,064.78 |
| (₹) | -143.39 | -32.38 | -85.88 |
Revenue from operations grew 40.4% in FY 2025-26 to ₹15,913.32 crore. Profit after tax fell 348.4% in FY 2025-26 to ₹-964.39 crore. The company reported a debt-to-equity ratio of 0.23x at the end of FY 2025-26.
What to Track Next
- Where the shares trade against the issue price: the last traded price is ₹127.98, −15.25% versus ₹151.
- How much trades: 10,84,90,491 shares have changed hands so far.
- Company announcements and results are published on NSE.
This article is for information only and is not investment advice. Price and subscription figures are based on exchange data as of Fri, Oct 23, 2026, 12:09 PM IST and can change. IPO investments are subject to market risks; read the offer document carefully before investing.