Zetwerk’s Rs 5,012.33 crore IPO opened on 15 October and closed on 19 October 2026, with a price band of Rs 143-151 per share, per Groww. This is not investment advice.
More on this topic: TechnoSports Zetwerk IPO coverage.
Key Details at a Glance
| Detail | Info |
|---|---|
| Issue size | Rs 5,012.33 crore |
| Fresh issue | Rs 2,830 crore |
| Offer for sale | Up to Rs 2,182.33 crore (14.45 crore shares) |
| Lot size | 99 shares (Rs 14,949 at upper band) |
| Allotment / refunds | 21 Oct / 22 Oct |
| Listing (planned) | 23 Oct on BSE and NSE |
| Allocation | 75% QIB, 15% NII, 10% retail |
Business and financials
Zetwerk is an asset-light manufacturing platform founded in 2017, with 6,979 third-party suppliers and 1,802 customers in FY26. It reported FY26 revenue of Rs 16,100.63 crore and a net loss of Rs 1,606.17 crore. Q1 FY27 revenue was Rs 4,195.70 crore with a net loss of Rs 732.98 crore.
Anchor and subscription
99 anchor investors put in about Rs 2,251 crore at Rs 151. The subscription was 0.31x on day 2 per Chittorgarh. Final-day figures were not verified.
What to know
The company is loss-making, which is a key risk. Brokerage views are split, and grey market premium is unofficial and volatile. Check final allotment status and the listing date before acting. See IPO basics and our IPO coverage.
Quick Answers
What is the price band?
Rs 143-151.
What is the lot size?
99 shares.
When is listing planned?
23 October.
