GMP IPO Watch
Zetwerk IPO
Zetwerk IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Zetwerk IPO Details
Key facts at a glance| IPO Open Date | 14 October 2026 | IPO Close Date | 18 October 2026 |
|---|---|---|---|
| Basis of Allotment | 20 October 2026 | Listing Date | 22 October 2026 |
| Price Band | ₹143 - ₹151 per share | Face Value | ₹10 per share |
| Market Lot Size | 99 Shares | Min Investment (Retail) | ₹14,949 |
| Total Issue Size | ₹5,012.33 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹2,830 Cr | Offer for Sale (OFS) | ₹2,182.33 Cr |
| Listing At | BSE, NSE | Issue Category | Mainboard Issue |
| Registrar | Kfin Technologies Ltd. | ||
Zetwerk IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 14 October 2026 | Confirmed |
| IPO Close Date | 18 October 2026 | Confirmed |
| Basis of Allotment | 20 October 2026 | Tentative |
| Initiation of Refunds | 22 October 2026 | Tentative |
| Credit of Shares to Demat | 22 October 2026 | Tentative |
| IPO Listing Date | 22 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 19 October 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Zetwerk IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 99 Shares | ₹14,949 |
| Retail (Max) | 13 Lots | 1,287 Shares | ₹1,94,337 |
| S-HNI (Min) | 14 Lots | 1,386 Shares | ₹2,09,286 |
| S-HNI (Max) | 66 Lots | 6,534 Shares | ₹9,86,634 |
| B-HNI (Min) | 67 Lots | 6,633 Shares | ₹10,01,583 |
Zetwerk IPO Live GMP & Movement History
Daily unofficial grey market trends₹8.25 +5.5%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 23 Oct 2026 | ₹1 | ₹152.00 | +0.66% |
| 22 Oct 2026 | ₹0 | ₹151.00 | 0.00% |
| 21 Oct 2026 | ₹2 | ₹153.00 | +3.31% |
| 20 Oct 2026 | ₹5 | ₹156.00 | +3.31% |
| 19 Oct 2026 | ₹5 | ₹156.00 | +3.31% |
| 18 Oct 2026 | ₹5 | ₹156.00 | +3.31% |
| 17 Oct 2026 | ₹5 | ₹156.00 | +3.31% |
| 16 Oct 2026 | ₹11 | ₹162.00 | +7.28% |
| 15 Oct 2026 | ₹15 | ₹166.00 | +9.93% |
| 14 Oct 2026 | ₹23 | ₹174.00 | +15.23% |
| 13 Oct 2026 | ₹20 | ₹171.00 | +13.25% |
| 12 Oct 2026 | ₹13 | ₹164.00 | +8.61% |
| 11 Oct 2026 | ₹30 | ₹181.00 | +19.87% |
Zetwerk IPO Subscription Status
Demand breakdown by investor categoryZetwerk Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 10330.85 Cr. | 12523.46 Cr. | 12847.55 Cr. | 917.95 Cr. |
| 2025 | 10355.43 Cr. | 11492.23 Cr. | 11552.03 Cr. | 370.71 Cr. |
| 2026 | 13384.63 Cr. | 16100.63 Cr. | 16141.73 Cr. | 1606.17 Cr. |
| June 2026 | 12016.09 Cr. | 4195.70 Cr. | 16100.63 Cr. | 732.98 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
Zetwerk IPO Valuation & KPIs
Key metrics pre-issueAbout Zetwerk
Founded in 2017, Zetwerk is a Bengaluru-based, technology-led platform that aggregates manufacturing capacity. Its software, Zetwerk OS, splits customer orders across 6,979 suppliers in 26 countries, alongside 26 of its own facilities. Products range from solar and wind components and power transformers to laptops, circuit boards, and heavy industrial equipment, for customers like Siemens Gamesa, Acer, NTPC, and DRDO.
Zetwerk IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 15 Oct 2026 |
| IPO Close Date | 19 Oct 2026 |
| Basis of Allotment | 21 Oct 2026 |
| Refunds | 22 Oct 2026 |
| Credit to Demat Account | 22 Oct 2026 |
| IPO Listing Date | 23 Oct 2026 |
Note: The timeline for Zetwerk IPO is tentative and subject to change.
Zetwerk Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Repayment/prepayment of borrowings availed by the company | 1300 (45.94%) |
| Repayment/prepayment of certain borrowings availed by subsidiaries | 860 (30.39%) |
| Funding strategic acquisitions and general corporate purposes. | 670 (23.67%) |
Note: Objectives are as specified in the DRHP/RHP documents of Zetwerk.
Zetwerk Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 12523.46 Cr. | 12847.55 Cr. | 917.95 Cr. | 10330.85 Cr. |
| 2025 | 11492.23 Cr. | 11552.03 Cr. | 370.71 Cr. | 10355.43 Cr. |
| 2026 | 16100.63 Cr. | 16141.73 Cr. | 1606.17 Cr. | 13384.63 Cr. |
| June 2026 | 4195.70 Cr. | 16100.63 Cr. | 732.98 Cr. | 12016.09 Cr. |
Note: Financial numbers for Zetwerk are in ₹ Crores unless stated otherwise.
Zetwerk Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | -% |
| ROCE | -% |
| EBITDA Margin | 2.65% |
| PAT Margin | -% |
| Debt to Equity Ratio | – |
| Earning Per Share (EPS) | (6.69) (Basic) |
| Price/Earning P/E Ratio | - |
| Return on Net Worth (RoNW) | (21.11)% |
| Net Asset Value (NAV) | 31.26 |
Note: Valuation KPIs for Zetwerk are computed for FY2026.
Zetwerk Peer Group Comparison
To Be Updated Soon
Zetwerk IPO FAQs
Zetwerk IPO opens for subscription on 14 October 2026 and closes on 18 October 2026.
The price band for Zetwerk IPO is set at ₹143.00 to ₹151.00 per share.
The minimum market lot size is 99 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 99 Shares (₹14,949).
The latest Grey Market Premium (GMP) for Zetwerk IPO is ₹8.25. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Zetwerk IPO is tentatively scheduled for 20 October 2026, and shares are expected to list on the stock exchanges on 22 October 2026.
Kfin Technologies Ltd. is the official registrar for Zetwerk IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.