Summary of this article
Zetwerk shares listed at a premium on the exchanges.
The Rs 5,012 crore public issue saw healthy subscription.
Proceeds will fund debt repayment and inorganic company growth.
Shares of Zetwerk Manufacturing Business made their debut in the stock market on October 23, 2026, with over 5 per cent premium over the upper end of the price band.
On the BSE, the shares were listed at Rs 159.25 per share, with a premium of 5.46 per cent above the upper end of the price band of Rs 151. On the NSE, the stock made its debut at Rs 159 apiece, with a premium of 5.29 per cent over the issue price.
Zetwerk Manufacturing Business IPO: Listing Day Profit
Applicants who were successfully allotted a minimum of one lot or 99 shares of Zetwerk Manufacturing would have made a profit of around Rs 816.75 [(Rs 159.25 - Rs 151) x 99] after the stock listed on the exchanges. The company’s market capitalisation stood at Rs 25,142.74 crore after listing, and 3.17 million shares of the company changed hands.
Zetwerk Manufacturing Business IPO: Offer Size
The initial public offering of Zetwerk Manufacturing Business was a book-built issue worth Rs 5,012.33 crore. The offering consisted of a fresh issue of 187.50 million shares worth Rs 2,830 crore and an offer for sale of 144.50 million shares amounting to Rs 2,182.33 crore.
The price band for the public issue was fixed at Rs 143 to Rs 151 per share. The minimum lot size for retail investors was fixed at 99 shares, aggregating to an investment of Rs 14,949.
Zetwerk Manufacturing IPO: Subscription
Zetwerk Manufacturing’s public issue was subscribed 3.06 times overall. Investors across categories placed bids for 566.26 million shares compared to the total offer size of 187.50 million shares available.
Non-institutional investors booked their quota in the IPO 1.40 times. In this category, 51.26 million shares were offered, and bids were received for 71.85 million shares.
Retail individual investors booked their quota 73 per cent, bidding for 25.09 million shares against the 34.17 million shares offered. The qualified institutional buyers quota was subscribed 4.73 times, receiving bids for 468.20 million shares against the 98.91 million shares offered. The employees quota was subscribed 1.59 times, receiving bids for 1.11 million shares against the 7,00,000 shares offered.
Zetwerk Manufacturing Business: Promoters
The promoters of the company, Amrit Pratik Acharya and Srinath Ramakkrushnan, diluted a portion of their stakes through the offer for sale. Following the listing of the stock, the promoter shareholding reduced to 15.71 per cent, down from 21.08 per cent prior to the public issue.
Zetwerk Manufacturing: Our Business
Zetwerk Manufacturing Business operates as a technology-led global manufacturing platform and managed marketplace connecting industrial and consumer enterprises with a network of manufacturing partners. The company operates across key sectors such as electronics, renewable energy, aerospace and defence, capital goods, and precision manufacturing.
Zetwerk Manufacturing Business IPO: Objective
The company will use the proceeds from the fresh issue for the repayment or prepayment of certain borrowings, investments in various subsidiaries, funding inorganic growth through unidentified acquisitions, and other general corporate purposes.
