
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.
[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 |
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.
|
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) |
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