Zetwerk Manufacturing Businesses Ltd.
NSE & BSE₹143–151
₹ 2,795 Cr
99 Shares
₹ 14,157
₹1
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 1,59,133.23 | 1,13,318.56 | |
| 2,083.82 | 1,822.14 | |
| 1,61,217.05 | 1,15,140.7 | |
| 1,55,998.85 | 1,10,759.87 | |
| -9,164.43 | -2,045.51 | |
| -9,643.93 | -2,150.69 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
15 Oct 2026
IPO Offer Ends
19 Oct 2026• Today
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Repayment/prepayment, in part or full, of certain of or all of borrowings availed by | 13,000 |
| 2 | certain of our Subsidiaries, namely, (i) Sharp Tanks and Structurals Private Limited | 8,600 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
75.72%
Promoter stake
Offered to Public
18,50,66,845
shares
IPO Registrar
KFIN Technologies Ltd.
About the Company
We are a technology-led, asset-light manufacturing platform for industrial and consumer goods in India and globally. We aggregate manufacturing capacity across a network of third-party suppliers and our own facilities into a “universal factory,” unified through Zetwerk OS, our proprietary technology backbone. Our customers range 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. Some of our customers include Siemens Gamesa, Acer India Private Limited, boAt, NextPower (formerly Nextracker), CG Power and Industrial Solutions Limited, NTPC Renewable Energy Limited, L&T MHI Power Boiler Pvt Ltd, DRDO (Electronics & Radar Development Establishment (LRDE)), National Aluminium Company Limited, Indian Oil Corporation Limited, Mortenson, Nordex Acciona, Indian Air Force, and Numaligarh Refinery Limited. Third-party suppliers with whom we work have capabilities in manufacturing processes, including sheet metal stamping, metal fabrication, injection moulding, extrusions, assembly, die casting, forging, grinding and machining, and span several countries, including industrial geographies such as India, Vietnam, Thailand, Taiwan,Germany, Spain, Eastern Europe, Mexico and the USA. Since our incorporation we have cumulatively delivered products and raw materials worth ₹695,878.06 million in terms of GMV to our customers.
Use of Proceeds
1.Repayment/prepayment, in part or full, of certain of or all of borrowings availed by: (a) our Company and (b) certain of our Subsidiaries through investments in such Subsidiaries, namely; (i) Sharp Tanks and Structurals Private Limited; (ii)Terra91 International Private Limited; (iii)Smile Electronics Limited; (iv)Kryfs Power Components Limited; (v)Kryfs Transformers Private Limited; (vi)Unimacts Global LLC; (vii)Zetwerk Manufacturing SG Pte. Ltd.; (viii)Zap91 Solar India Private Limited; and (ix)Zet Town India Private Limited2.Funding inorganic growth through unidentified acquisitions and other strategic acquisitions, and general corporate purposes.
Zetwerk Manufacturing Businesses Ltd. Latest News
IPO FAQs
The Zetwerk Manufacturing Businesses Ltd. IPO has a total of ₹2,795 crore, calculated at the upper end of the .
The Zetwerk Manufacturing Businesses Ltd. IPO is priced at ₹143–151 per share. bids must fall within this , against a of ₹1 per share.
The for the Zetwerk Manufacturing Businesses Ltd. IPO is 99 shares, which is also the minimum order quantity — you have to apply for at least 99 shares, and in multiples of 99 beyond that.
The minimum investment in the Zetwerk Manufacturing Businesses Ltd. IPO is about ₹14,157 — one lot of 99 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Zetwerk Manufacturing Businesses Ltd. opens on 15 Oct 2026 and closes on 19 Oct 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
KFIN Technologies Ltd. is the for the Zetwerk Manufacturing Businesses Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Zetwerk Manufacturing Businesses Ltd. IPO shares are proposed to be listed on BSE and NSE.
Each Zetwerk Manufacturing Businesses Ltd. share has a of ₹1.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 75.72% of Zetwerk Manufacturing Businesses Ltd. before the IPO.
18,50,66,845 shares of Zetwerk Manufacturing Businesses Ltd. are being offered to the public in this issue.
The Zetwerk Manufacturing Businesses Ltd. IPO has been subscribed 0.39x overall — 0.46x, 0.23x, 0.41x and employees 0.61x.
figures update through the issue period until it closes.
- 1.Repayment/prepayment, in part or full, of certain of or all of borrowings availed by: (a) our Company and (b) certain of our Subsidiaries through investments in such Subsidiaries, namely; (i) Sharp Tanks and Structurals Private Limited; (ii)Terra91 International Private Limited; (iii)Smile Electronics Limited; (iv)Kryfs Power Components Limited; (v)Kryfs Transformers Private Limited; (vi)Unimacts Global LLC; (vii)Zetwerk Manufacturing SG Pte. Ltd.; (viii)Zap91 Solar India Private Limited; and (ix)Zet Town India Private Limited
- 2.Funding inorganic growth through unidentified acquisitions and other strategic acquisitions, and general corporate purposes
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. and Pantomath Capital Advisors Pvt Ltd. are the for the Zetwerk Manufacturing Businesses Ltd. IPO.
Pre-apply means placing your Zetwerk Manufacturing Businesses Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Zetwerk Manufacturing Businesses Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Zetwerk Manufacturing Businesses Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.