Zetwerk Manufacturing Businesses Limited
Key dates
Issue reservation
₹5,013 CrLot ladder — how much to bid
1 lot = 99 sharesIssue details
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB (Ex. Anchor) | 9,93,92,146₹1,501 Cr | 1,31,03,145₹197.86 Cr | 0.13× |
| HNI | 4,96,96,074₹750.41 Cr | 25,41,429₹38.38 Cr | 0.05× |
| HNI (10L+) | 3,31,30,716₹500.27 Cr | 15,04,701₹22.72 Cr | 0.05× |
| HNI (2-10L) | 1,65,65,358₹250.14 Cr | 10,36,728₹15.65 Cr | 0.06× |
| Retail | 3,31,30,716₹500.27 Cr | 58,84,758₹88.86 Cr | 0.18× |
| Employee | 7,00,000₹9.59 Cr | 1,52,955₹2.10 Cr | 0.22× |
| Total | 18,29,18,936₹2,762 Cr | 2,16,82,287₹327.40 Cr | 0.12× |
*QIB Book Size EXCLUDES the anchor portion of 14,90,88,220 shares, from the actual anchor allotment.
Application-wise
| Category | Req 1× | Total | Times |
|---|---|---|---|
| HNI (10L+) | 4,995 | 223 | 0.04× |
| HNI (2-10L) | 11,952 | 661 | 0.06× |
| Retail | 3,34,654 | 50,021 | 0.15× |
| Employee | 7,071 | 526 | 0.07× |
Total applications: 51,431
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 197.86 |
| FIIs | 114.03 |
| Mutual funds | 83.58 |
| Others | 0.25 |
| HNI | 38.38 |
| HNI (10L+) | 22.72 |
| HNI (2-10L) | 15.65 |
| Retail | 88.86 |
| Employee | 2.10 |
| Total | 327.40 |
Amounts at the upper band (₹151). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Particulars | 30-Jun-26 | 31-Mar-26 | 30-Jun-25 | 31-Mar-25 | 31-Mar-24 |
Assets | 12,016.09 | 13,384.63 | 9,083.09 | 10,355.43 | 10,330.85 |
Total Income | 4,195.70 | 16,100.63 | 2,702.10 | 11,492.23 | 12,523.46 |
PAT | -732.98 | -1,606.17 | -1,368.47 | -370.71 | -917.95 |
Net Worth | 4,094.13 | 4,813.72 | 3,905.13 | 4,453.76 | 4,062.46 |
Reserves & Surplus | -771.23 | -15.96 | 3,803.94 | 4,355.22 | 4,025.00 |
Total Borrowings | 1,942.19 | 1,936.16 | 1,707.21 | 1,746.55 | 1,232.10 |
Company-Level Debt Repayment: ₹1,300 crore for repayment/prepayment of borrowings.
Subsidiary-Level Debt Repayment: ₹860 crore for borrowings across nine subsidiaries.
Inorganic Growth: Funding for acquisitions and strategic investments.
General Corporate Purposes: Remaining funds for business operations and corporate needs.
Incorporated in 2017, Zetwerk Manufacturing Businesses Private Limited is a technology-driven global manufacturing platform that operates as a managed marketplace, connecting industrial and consumer enterprises with a global network of manufacturing partners to meet their customised and large-scale production requirements. The Company serves a diverse customer base, ranging from innovative startups to established enterprises, across industries such as utilities, renewable energy, consumer electronics, artificial intelligence infrastructure, aerospace, space and defence, oil and gas, and industrial automation.
The Company follows an asset-light business model and offers end-to-end manufacturing solutions encompassing design, supplier identification and matching, quality control, and logistics. Its proprietary technology platform, Zetwerk OS, facilitates real-time tracking and enhances transparency throughout the manufacturing lifecycle. The Company’s key strengths include scalable manufacturing capacity, robust quality control systems, shorter delivery timelines, and a diversified global customer base.
Zetwerk operates across several key sectors, including electronics, renewable energy, aerospace and defence, capital goods, and precision manufacturing. The Company has a presence in over 25 countries and maintains a network of more than 10,000 suppliers and over 1,100 customers, including Fortune 500 companies. It also operates more than 20 manufacturing facilities across India, the United States, and Mexico.
In Fiscal 2026, the Company served 1,802 customers, comprising 1,613 customers in India and 189 customers outside India.
Company strengths
Unique business model serving diverse, resilient demand pools
Scalable capabilities across multiple industry verticals
Capital-efficient growth model
Proprietary Zetwerk OS enabling end-to-end workflow management and network effects
Deep customer relationships driving revenue visibility and stickiness
Potential to expand value-added ecosystem services
Experienced, cycle-tested leadership and board of directors
Promoters
Registered office & contact
Zetwerk Manufacturing Business Limited
Address - 84/1, Vaishnavi Sovereign
Ground & 1st Floor, Green Glen Layout,
Bellandur,
Bangalore Urban, Karnataka, 560103
📞 +91 7624 9748 90
✉️ cs@zetwerk.com
What is the minimum investment in the Zetwerk Manufacturing Businesses Limited IPO?
One lot of 99 shares — ₹14,949 at the upper price band of ₹151.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2026-10-23 on NSE / BSE.