Zetwerk Manufacturing Businesses Limited logo

Zetwerk Manufacturing Businesses IPO: GMP, subscription and allotment status

MainboardKFin TechnologiesListed23 Oct

—No subscription figures

Listed at
₹159.25
+5.5% on issue price
Est. listing
—
No estimate
Price band
₹143–151
Lot
99 shares
Min. ₹14,949

Allotment

Allotment is published. Check every saved PAN in one go.

Check allotment

Dates

15 → 19 Oct · allot 21 · list 23

Refunds and shares in your demat account on 22 Oct.

Subscription by category

Subscription figures for this issue aren't available here.

See this IPO on IPOWatch

Issue details

Segment
Mainboard
Face value
₹1
Issue type
Book built Issue
Fresh issue
₹2,830 Crores
Offer for sale
14,45,25,036 Equity Shares
Listing at
BSE, NSE
Registrar
KFin Technologies
NSE symbol
ZETWERK

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 99 shares
₹14,949
Retail Maximum
13 lots, 1,287 shares
₹1,94,337
S-HNI Minimum
14 lots, 1,386 shares
₹2,09,286
S-HNI Maximum
66 lots, 6,534 shares
₹9,86,634
B-HNI Minimum
67 lots, 6,633 shares
₹10,01,583

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Repayment/prepayment, in part or full, of certain of or all of borrowings availed by the company
₹1,250.00 Cr
Repayment/prepayment, in part or full, of certain of or all of borrowings availed by certain of the 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 through investments in such Subsidiaries; and
₹550.00 Cr
Funding inorganic growth through unidentified acquisitions and other strategic acquisitions, and general corporate purposes
—

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹4,195.7 Cr−73.9% on 2026

Profit, ₹ crore

₹732.98 Cr−54.4% on 2026

Assets, ₹ crore

₹12,016.09 Cr−10.2% on 2026

June 2026
Revenue ₹4,195.70
Profit ₹732.98
2026
Revenue ₹16,100.63
Profit ₹1,606.17
2025
Revenue ₹11,492.23
Profit ₹370.71
2024
Revenue ₹12,523.46
Profit ₹917.95

In ₹ crore, for the years the offer document reports.

ROE
-%
ROCE
-%
EBITDA Margin
2.65%
PAT Margin
-%
Earning Per Share (EPS)
₹(6.69) (Basic)
Return on Net Worth (RoNW)
(21.11)%
Net Asset Value (NAV)
₹31.26

Who the issue is reserved for

QIB
75%
NII
15%
Retail
10%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Amrit Pratik Acharya And Srinath Ramakkrushnan
Promoter holding
15.86% before the IPO, 11.36% after
Lead managers
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

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More Mainboard IPOs

Frequently asked questions

When does Zetwerk Manufacturing Businesses IPO open and close?
Bidding ran from 15 October 2026 to 19 October 2026.
What is the Zetwerk Manufacturing Businesses IPO allotment date?
Allotment is out. You can check it by PAN now.
When will Zetwerk Manufacturing Businesses IPO list?
It listed on 23 October 2026.
What is the lot size and minimum investment for Zetwerk Manufacturing Businesses IPO?
One lot is 99 shares, so the minimum investment at the upper price of ₹151 is ₹14,949.
How do I check Zetwerk Manufacturing Businesses IPO allotment status?
KFin Technologies has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.
Zetwerk Manufacturing Businesses IPO listing price