Zetwerk IPO Opens on October 15; Price Band Set at ₹143–₹151 Per Share
Bilkul Bazaar
Ahmedabad
Zetwerk Manufacturing Businesses Limited will open its initial public offering (IPO) for subscription on October 15, with a price band of ₹143 to ₹151 per equity share. The issue will close on October 19, 2026.
The company has scheduled the bidding date for anchor investors for October 14, a day before the IPO opens. Investors can bid for a minimum of 99 equity shares and in multiples of 99 shares thereafter.
The IPO comprises a fresh issue of shares worth up to ₹2,830 crore and an offer for sale (OFS) of up to 14,45,25,036 equity shares by existing shareholders. The proceeds from the fresh issue will go to the company, while the OFS component will allow existing shareholders to sell their holdings.
The equity shares are proposed to be listed on the BSE and the National Stock Exchange (NSE), with NSE designated as the stock exchange for the issue.
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 IPO.
Investors can refer to the company’s Red Herring Prospectus for detailed information about the offer, financial disclosures and associated risks.
IPO details at a glance
- Company: Zetwerk Manufacturing Businesses Limited
- IPO opening date: October 15, 2026
- IPO closing date: October 19, 2026
- Anchor investor bidding: October 14, 2026
- Price band: ₹143–₹151 per share
- Minimum bid: 99 shares
- Fresh issue: Up to ₹2,830 crore
- Offer for sale: Up to 14,45,25,036 shares
- Proposed listing: BSE and NSE
- Red Herring Prospectus: https://ir.zetwerk.com/wp-content/uploads/Zetwerk-RHP.pdf
Investment in equity shares involves risks. Investors should read the Red Herring Prospectus carefully before making an investment decision.