Zetwerk Manufacturing Businesses Limited will open its initial public offering (IPO) on Thursday, October 15, 2026, with the price band fixed at ₹143–151 per equity share of face value ₹1 each.
The anchor investor bidding date is Wednesday, October 14, while the offer will close on Monday, October 19, 2026. Investors can bid for a minimum of 99 equity shares and in multiples of 99 shares thereafter.
The IPO comprises a fresh issue of equity shares aggregating up to ₹2,830 crore and an offer for sale of up to 144,525,036 equity shares by existing shareholders.
The equity shares are proposed to be listed on the BSE and the National Stock Exchange of India, with NSE designated as the stock exchange for the offer.
Under the offer structure, at least 75% of the net offer will be available for allocation to Qualified Institutional Buyers (QIBs), subject to applicable regulations. Not more than 15% will be available for Non-Institutional Bidders, while up to 10% will be available for Retail Individual Bidders. Eligible employees can also apply under the employee reservation portion, subject to the offer terms.
Barring anchor investors, all applicants must use the Application Supported by Blocked Amount (ASBA) process, including the UPI mechanism where applicable.
Kotak Mahindra Capital Company, Morgan Stanley India Company, Goldman Sachs (India) Securities, Avendus Capital, JM Financial, HSBC Securities and Capital Markets (India), and Pantomath Capital Advisors are the book-running lead managers to the issue.
