Zetwerk Manufacturing Businesses Shares List at 5% Premium on NSE 

23 October 2026
2 min read
Zetwerk Manufacturing Businesses Shares List at 5% Premium on NSE 
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Zetwerk Manufacturing Businesses made its debut on the stock market on Friday, October 23, 2026, with its shares listing at a 5.46% premium over the IPO issue price on the NSE. The stock opened at ₹159.25 per share against the issue price of ₹151. On the BSE, it started trading at ₹159 per share, registering a 5.30% premium.

The company’s ₹5,012.33 crore IPO was open for bidding from October 15 to October 19, 2026. At the end of the subscription period, the issue was subscribed 4.45 times, with bids exceeding the total number of shares offered by that multiple.

Zetwerk Manufacturing Businesses IPO - Issue Details

  • Issue Type: Book Built Issue (Fresh Issue + OFS)
  • Total Issue Size: Up to ₹5,012.33 crore
  • Fresh Issue: Up to ₹2,830 crore
  • Offer for Sale (OFS): Up to ₹2,182.33 crore
  • Face Value: ₹1 per equity share
  • Price Band: ₹143 to ₹151 per share
  • Lot Size: 99 shares
  • Minimum Investment Amount (Retail Investor): ₹14,949 (99 shares at the upper price)
  • Listing: BSE, NSE
  • Book Running 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, Pantomath Capital Advisors Private Limited
  • Registrar: KFin Technologies Limited

Zetwerk Manufacturing Businesses IPO Overall Subscription Status

[October 19, 2026, 7:00 PM]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

4.01x

Non-Institutional Investors (NIIs)

4.50x

Retail Individual Investors (RIIs)

5.70x

Total 

4.45x

About Zetwerk Manufacturing Businesses Limited

Founded in 2017, Zetwerk Manufacturing Businesses Limited operates a technology-driven, asset-light manufacturing platform that links businesses with third-party suppliers and its own manufacturing facilities. It serves multiple industries, including renewable energy, consumer electronics, aerospace, defence, AI infrastructure and industrial automation.

Its customers include Siemens Gamesa, boAt, Acer India, CG Power and NTPC Renewable Energy. Zetwerk’s global supplier network spans India, Vietnam, Thailand, Taiwan, Germany, Spain, Mexico and the US. Its manufacturing capabilities include metal fabrication, die casting, forging and machining.

Key Financial Highlights 

Particulars

For the three month period ended June 30, 2026 (in ₹ crore)

FY26

(in ₹ crore)

FY25

(in ₹ crore)

Revenue from operations

41,178.77 

15,913.32 

11,331.86 

EBITDA

103.16

421.34

322.59

Profit After Tax (PAT)

(732.98)

(1,606.17)

(370.71)

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.   

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