Zetwerk Manufacturing Business IPO

Zetwerk IPO is a book-built issue of Rs 5,012.33 crores, comprising a fresh issue of 18.75 crore shares aggregating to Rs 2,830.00 crores and an offer for sale of 14.45 crore shares aggregating to Rs 2,182.33 crores. The Zetwerk IPO opens for subscription from Oct 15, 2026 to Oct 19, 2026, with allotment expected on Oct 21, 2026 and tentative listing on NSE and BSE on Oct 23, 2026. The price band is set at Rs 143 to Rs 151 per share, with a lot size of 99 shares and a minimum retail investment of Rs 14,949. Kotak Mahindra Capital Co. Ltd. is the book-running lead manager, while Kfin Technologies Ltd. is the registrar of the issue.

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Zetwerk Manufacturing Business IPO Details

Check out the issue details for Zetwerk Manufacturing Business IPO as disclosed in SEBI.

Price Band

₹ 143 - 151

Issue Size

5,012.00 Cr.

Issue Type

Book Built

Open

2026-10-15

Close

2026-10-19

Listing Date

2026-10-23

Company Financials

You can get the following financial statements of Zetwerk Manufacturing Business as of now.

Zetwerk IPO Details

The details about the Zetwerk IPO are as follows:

  • The issue size of the IPO is Rs 5,012.33 Cr.
  • The price band for Zetwerk IPO is Rs 143 to Rs 151.
  • The shares of Zetwerk IPO will list on BSE and NSE.
  • The latest tentative GMP of Zetwerk IPO is Rs 10.75.
  • The shares of Zetwerk IPO are subscribed 0.25 Times.

 

Zetwerk IPO Valuation

The approximate valuation of Zetwerk IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 151
Existing Shares (Qty) 150.67 Cr
Fresh Issue Rs 2,830.00 Cr
Market Cap Rs 25581.17 Cr
EPS (FY25) Rs 6.69
PE Ratio 22.57x 

 

Zetwerk IPO Issue Size

Zetwerk IPO issue size is Rs 5,012.33 Cr.

Issue Amount
Fresh Issue Rs 2,830.00 Cr
Offer For Sale Rs 2,182.33 Cr

 

Zetwerk IPO Market Lot

An individual can apply for a minimum of 1 lot of 99 shares and a maximum of 13 lots (1287 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 99 Rs 14,949
Retail Maximum 13 1287 Rs 1,94,337

 

Zetwerk IPO Share Offer

The shares of Zetwerk IPO are subscribed 0.25 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

Zetwerk IPO GMP (Grey Market Premium)

As on GMP (Tentative)
Oct 16, 2026 Rs 10.75

Zetwerk IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Zetwerk IPO Dates

Find below the dates for Zetwerk IPO

Schedule Date
Basis of Allotment 21 Jan 2026
Refunds 22 Jan 2026
Credit to Demat Account 22 Jan 2026
IPO Listing Date 23 Jan 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2025 Mar 2026
Net Sales 7129.98 6051.77
Total Expenditure 7023.81 6067.64
Operating Profit 106.17 -15.87
Other Income 197.28 287.68
Interest 191.82 188.67
Depreciation 32.47 34.32
Exceptional Items 7.24 -830.01
Profit Before Tax 86.41 -781.18
Provision for Tax 0 0
Net Profit -82.69 -1423.47
Adjusted EPS (Rs.) 0.23 -2.09

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 56.56 4669.86
Total Reserves 4954.5 1139.78
Borrowings 9.34 354.07
Other N/C liabilities 26.34 256.14
Current liabilities 3565.55 2251.35
Total Liabilities 8612.3 10038.14
Assets
Net Block 214.23 136.07
Capital WIP 2.24 2.87
Intangible WIP 0 0
Investments 858.08 2009.33
Loans & Advances 877.72 462.66
Other N/C Assets 277.34 1573.55
Current Assets 6382.68 5853.65
Total Assets 8612.3 10038.14
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2025 Mar 2026
Profit from operations -82.69 -1423.47
Adjustment 308.11 1509.75
Changes in Assets & Liabilities -574.93 -786.97
Tax Paid -18.35 18.89
Operating Cash Flow -367.87 -681.8
Investing Cash Flow -331.84 -605.68
Financing Cash Flow 234.9 1624.61
Net Cash Flow -464.8 337.13
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