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Zetwerk Manufacturing IPO

Upcoming Mainboard
Open Oct 15
Close Oct 19
Allotment Oct 21
Refund Oct 22
Demat Oct 22
Listing Oct 23
Listing On BSE & NSE

Market Sentiment

GMP, subscription and the analysis score appear here once grey-market quotes and bidding begin. This section updates automatically.

IPO Details

Face Value₹1 Per Equity Share
Fresh Issue₹2,600.00 crore
Issue TypeBook built Issue
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 Ltd.
PromotersAmrit Pratik Acharya And Srinath Ramakkrushnan
Listing atBSE & NSE

IPO Reservation

Reservation details not available yet
This section updates automatically once data is available.

Financial Analysis

Financial Data

EPS (Pre)
₹-6.69
RoNW
-21.11%
EBITDA Margin
2.65%
NAV/Share
₹31.26
Revenue Growth
40.10%
Profit Margin
9.98%

Financial Performance

Metric 2024 2025 2026
Revenue 12,523.46 11,492.23 16,100.63
Expense 12,847.55 11,552.03 16,141.73
Profit (PAT) 917.95 370.71 1,606.17
Total Assets 10,330.85 10,355.43 13,384.63
Values in Crores (₹)

Strengths & Risks

Strengths
  • Revenue grew 40% in the latest reported year.
  • Solid profit margin — 10.0%.
Risks & Concerns

Our data checks haven't flagged a specific concern for Zetwerk Manufacturing so far — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Zetwerk Manufacturing

Incorporated in 2018, Zetwerk is one of the growing Indian B2B (business-to-business) manufacturing companies that uses technology to supply various types of industrial products to various industries such as electronics, renewable energy, aerospace and defence, capital goods, and precision manufacturing. It is a Bengaluru-based firm that follows an asset-light model and offers end-to-end solutions, such as design, supplier matching, quality control, and logistics. The firm basically helps businesses get their electronics industrial products manufactured, filling the gap between businesses and manufacturers. The firm has a presence in over 25 countries and a network of 10,000+ suppliers and 1,100+ customers. Moreover, Zetwerk operates 20+ manufacturing facilities across India, the United States, and Mexico.

Company Contact Information

Zetwerk Manufacturing Business Ltd., 84/1, Vaishnavi Sovereign, Ground & 1st Floor, Green Glen Layout,, Bellandur,, Bangalore Urban, Karnataka, 560103

Objects of the Issue

Purpose Amount (Cr)
Repayment/prepayment, in part or full, of certain of or all of borrowings availed by the company 1,250.00
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) Terra91International Private Limited; (iii) Smile Electronics Limited; (iv) Kryfs Power ComponentsLimited; (v) Kryfs Transformers Private Limited; (vi) Unimacts Global LLC; (vii) ZetwerkManufacturing SG Pte. Ltd.; (viii) Zap91 Solar India Private Limited; and (ix) Zet Town IndiaPrivate Limited through investments in such S 550.00
Funding inorganic growth through unidentified acquisitions and other strategic acquisitions, and general corporate purposes -

Resources & Documents

Zetwerk Manufacturing IPO - Quick Take

Zetwerk Manufacturing is preparing a mainboard offering. The Mainboard issue is scheduled to open for subscription on October 15, 2026 — 5 days from now.

Incorporated in 2018, Zetwerk is one of the growing Indian B2B (business-to-business) manufacturing companies that uses technology to supply various types of industrial products to various industries such as electronics, renewable energy, aerospace and defence, capital goods, and precision manufacturing. It is a Bengaluru-based firm that follows an asset-light model and offers end-to-end solutions, such as design, supplier matching, quality control, and logistics.

The issue is promoted by Amrit Pratik Acharya And Srinath Ramakkrushnan with Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited, Goldman Sachs (India) Securities Private Limited, Avendus Capital Private Limited, JM Financia… acting as lead manager. Net proceeds will primarily be used towards Repayment/prepayment, in part or full, of certain of or all of borrowings availed by the company (Rs 1,250 crore) and Repayment/prepayment, in part or full, of certain of or all of borrowings availed by certain of the Subsidiaries, namely… (Rs 550 crore).

On fundamentals, the company is posting revenue growth of 40.1%, a profit margin of 10.0% in its most recent reported period.

All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.

Frequently Asked Questions

Zetwerk Manufacturing IPO consists of fresh issue of Rs 2,600 crore.

Zetwerk Manufacturing IPO opens for subscription on October 15, 2026 and closes on October 19, 2026.

The expected allotment date for Zetwerk Manufacturing IPO is October 21, 2026. Refunds for unsuccessful applicants are expected on October 22, 2026. Shares are scheduled to be credited to demat accounts on October 22, 2026.

Zetwerk Manufacturing IPO is scheduled to list on October 23, 2026 on both BSE and NSE.

The registrar for Zetwerk Manufacturing IPO is Kfin Technologies Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Zetwerk Manufacturing IPO are 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.

The promoter(s) of Zetwerk Manufacturing are Amrit Pratik Acharya And Srinath Ramakkrushnan.

You can apply for Zetwerk Manufacturing IPO online before 19 Oct 2026 through any UPI-enabled broker app (Zerodha, Groww, Upstox, Angel One, ICICI Direct, HDFC Securities, or any SEBI-registered broker), or via your bank's ASBA-enabled net banking. Steps: (1) Open your broker app or your bank's ASBA portal. (2) Search for Zetwerk Manufacturing in the IPO section — the issue must be in the Open window to apply. (3) Enter your bid: select the number of lots (minimum 1 lot) and bid at the cut-off price for the highest retail allotment chance. (4) Approve the UPI mandate that arrives on your bidding bank account — this blocks the application amount until allotment, and the funds stay in your account until shares are allotted. Allotment is finalized on T+1, the working day after the close date, and the shares list on T+3. See our How to Apply for an IPO guide for step-by-step screenshots, and the ASBA vs UPI Mandate explainer for how the payment block works.

The full breakdown is on this page, and our How We Score IPOs guide explains the method. This is a summary of public data, not investment advice or a recommendation to apply. Read the RHP and consult a SEBI-registered investment adviser before investing.

Zetwerk Manufacturing IPO GMP — What It Means

No active grey market premium has been recorded for Zetwerk Manufacturing IPO yet. GMP is an unofficial, dealer-quoted indicator of expected listing-day demand — not a guaranteed listing price — and it can change quickly once bidding opens.

See the full Zetwerk Manufacturing GMP history and trend, or learn how grey market premium works and how reliable it is.

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