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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Zetwerk Manufacturing Businesses Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹143 - ₹151
Per ShareLot Size
99 Shares
Minimum Investment
₹14,157
Issue Size
₹5,012.33 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
15.86%
Promoter Holding (Post-Issue)
14.4%
Issue Type
Book Building
ISIN
INE09PO01019
We are a technology-led, asset-light manufacturing platform for industrial and consumer goods in India and globally. We aggregate manufacturing capacity across a network of third-party suppliers and our own facilities into a "universal factory," unified through Zetwerk OS, our proprietary technology backbone. Our customers range across sizes, from innovative startups to mature companies, and across industries, including utilities, renewables, consumer electronics, artificial intelligence infrastructure, aerospace, space & defence, oil & gas, and industrial automation. Some of our customers include Siemens Gamesa, Acer India Private Limited, boAt, NextPower (formerly Nextracker), CG Power and Industrial Solutions Limited, NTPC Renewable Energy Limited, L&T MHI Power Boiler Pvt Ltd, DRDO (Electronics & Radar Development Establishment (LRDE)), National Aluminium Company Limited, Indian Oil Corporation Limited, Mortenson, Nordex Acciona, Indian Air Force, and Numaligarh Refinery Limited. Third-party suppliers with whom we work have capabilities in manufacturing processes, including sheet metal stamping, metal fabrication, injection moulding, extrusions, assembly, die casting, forging, grinding and machining, and span several countries, including industrial geographies such as India, Vietnam, Thailand, Taiwan, Germany, Spain, Eastern Europe, Mexico and the USA. Since our incorporation we have cumulatively delivered products and raw materials worth Rs.695,878.06 million in terms of GMV to our customers.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to [*] equity shares of face value of Re.1 each ("Equity Shares") of Zetwerk Manufacturing Businesses Limited ( "Company") for cash at a price of Rs.[*] per equity share including a share premium of Rs.[*] per equity share ("Offer Price") aggregating up to Rs.[*] Crores (the "Offer") comprising a fresh issue of [*] equity shares of face value of Re.1 each aggregating up to Rs.2830.00 Crores (the "Fresh Issue") and an offer for sale of up to 144,525,036 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores, comprising an offer for sale of 14,230,672 equity shares of face value of Rs.1 each aggregating up to Rs.[*] Crores by Amrit Pratik Acharya, 14,230,672 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by Srinath Ramakkrushnan("Promoter Selling Shareholders"), 22,974,820 equity shares of face value of Re.1 each aggregating up to Rs. [*] Crores by Creovate Innovation Private Limited ("Promoter Group Selling Shareholder"), 17,611,820 equity shares of face value of Rs.1 each aggregating up to Rs.[*] Crores by peak xv partners investments v (formerly known as sci investments v), 12,016,622 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by Accel India V (Mauritius) Limited, 13,529,722 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by light speed venture partners select iv mauritius, 11,597,361 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by light speed india partners ii, llc, 12,570,262 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by kae capital fund ii, 2,857,565 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by saifuddin fakhruddin qureishi, 5,797,579 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by peak xv partners growth investments iii (formerly known as sci growth investments iii), 2,442,738 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by matthew harris arnold, 3,145,603 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by lightspeed india partners iii, llc, 4,190,105 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by kalysta capital fund ii (mauritius), 409,182 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by subbiah vellayan, 408,469 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by a. venkatachalam, 100 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by shivraj singh kandhari (guardian, bikramjit singh kandhari), 299,402 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by can köseoglu, 256,630 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by andrew richard woglom, 86,129 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by cem garih nahmiyas, 83,167 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by nitin mahajan, 71,286 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by daniel robert bachelet ("Investor Selling Shareholders"), 1,714,539 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by Vishal Chaudhary, 1,714,539 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by rahul sharma, 2,286,052 equity shares of face value of Re.1 each aggregating up to Rs.[*] Crores by Ankit Fatehpuria ("Individual Selling Shareholders", and together with the promoter selling shareholders, promoter group selling shareholder and the investor selling shareholders, the "Selling Shareholders") (the "Offer for Sale" and such equity shares, the "Offered Shares"). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company. Price Band: Rs. 143/- to Rs. 151/- for equity share of face value of Rs. 1 each. The floor price is 143 times times the face value and cap price is 151 times of the face value of the equity shares. Bids can made for a minimum of 99 equity shares and in multiples of 99 equity shares thereafter. A discount of Rs. 14 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated at Chennai, Tamil Nadu as `Zetwerk Manufacturing Businesses Private Limited' as a private limited company under the provisions of the Companies Act, 2013, pursuant to a certificate of incorporation dated December 6, 2017, issued by the Registrar of Companies, Central Registration Centre ("RoC CRC"). Subsequent to a change in our registered office from the state of Tamil Nadu to the state of Karnataka pursuant to the Board resolution dated April 11, 2019, and the special resolution passed by our Shareholders on May 6, 2019 and confirmation of such alteration by an order dated September 13, 2019 passed by regional director, a fresh certificate of registration dated October 15, 2019, was issued by the Registrar of Companies, Karnataka at Bangalore. Subsequently, our Company was converted from a private limited company to a public limited company and the name of our Company changed from `Zetwerk Manufacturing Businesses Private Limited' to Zetwerk Manufa cturing Businesses Limited', pursuant to a Board resolution dated January 23, 2026, and a special resolution dated February 6, 2026, passed by the Shareholders. Accordingly, a fresh certificate of incorporation dated February 23, 2026, was issued by the RoC, CRC.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.
*Subject to approvals and market conditions.