SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
SENSEX 74,729.27 NIFTY 50 23,146.15 USD/INR 94.95 GOLD ₹1,46,430/10g REPO RATE 5.25% CRR 3.00% PETROL (MUM) ₹111.21/L SILVER ₹2,10,312/kg
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Zetwerk Manufacturing IPO

ZETWERK · Power Generation/Distribution · BSE,NSE

Open NowMainboard

IPO Opportunity Score

48/100

Risky

Apply?

Watch

Risk

High

Est. listing gain

3–5%

Retail allotment odds

95%

HNI allotment odds

95%

Weak listing momentum or demand. Watch subscription and GMP closer to close before deciding.

Retail and HNI allotment odds are illustrative (often using total subscription as a proxy when category-wise data is unavailable).

🟢 Subscription heat: Low Interest

Price band

₹143 – ₹151

GMP

+₹7.5 (+4.97%)

Est. listing

₹158.5

Issue size

₹5,012 Cr

Subscription

0.19x

Min. investment

₹14,949

GMP last updated: 16-Oct 23:37

IPO DNA

A multi-dimensional read instead of a single number. 3 of 8 dimensions can be assessed from the data we receive — the rest are shown as gaps rather than filled with placeholder scores.

Relative strengths

Liquidity

Relative weaknesses

Demand

Business Quality

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Growth

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Financial Strength

No data

Company financials (revenue, profit, ROE/ROCE, debt) are not part of the IPO feed we consume.

Valuation

No data

Valuation multiples and peer comparables are not available from our current data sources.

Demand

35/100

Total subscription of 0.19x across all categories. Category-wise (QIB/NII/Retail) split is not published in our feed, so this is overall demand only.

Listing Setup

55/100

Derived from an unofficial grey-market premium of 4.97%. Last updated 16-Oct 23:37. GMP is unregulated and can reverse quickly.

Governance

No data

Promoter holding, pledge and anchor-investor data are not available from our current data sources.

Liquidity

90/100

Structural read from a ₹5,012 Cr issue. Mainboard listings usually see broader participation. This reflects issue structure, not observed post-listing volume.

Dimensions are analytical views built from published issue data and unofficial grey-market quotes. They are not a recommendation to apply for or avoid this IPO.

GMP Divergence Check

Cross-checks the unofficial grey-market premium against visible demand and issue structure, so a strong premium is not read in isolation.

No divergence detected

Premium and demand are broadly consistent

Checks we could not run

  • Valuation vs peers — multiples and comparables are not in our data sources.
  • Institutional (QIB) demand quality — category-wise subscription is not published in our feed.
  • Anchor-investor participation — not available from our data sources.

Grey-market premium is unofficial and unregulated. This check describes signal consistency only and is not investment advice.

Information Confidence

How complete and fresh the information behind this page is — kept separate from any view on the IPO itself, so a well-documented issue is never confused with an attractive one.

100%High completeness

Grey-market premium last updated 16-Oct 23:37.

Published (10)

Price band · Lot size · Issue size · Bidding dates · Listing date · Allotment date · Registrar details · RHP document · Company profile · Subscription figures

Awaiting disclosure (0)

Every expected field is available for this issue.

Not collected by this site

  • Company financials — revenue, profit, ROE/ROCE, debt
  • Valuation multiples and peer comparables
  • Category-wise subscription (QIB / NII / Retail / Employee)
  • Anchor investors and promoter holding
  • Fresh issue vs offer-for-sale split

Sources

  • officialExchange / issuer feed (price band, dates, lot size, documents)
  • unofficialGrey-market aggregator (premium only)

Scenario Lab

Test this issue against your own assumptions. Every output here is a scenario you control, not a forecast of what will happen.

₹
₹1₹5,000
15000
150
%
03
%
040

Break-even price

₹153

1.01% above issue price

Capital deployed

₹14,949

99 shares

Costs recovered

₹150

Both legs of the trade

Tax assumption

20%

Applied to gains above break-even

Cost and tax inputs are yours to set — we do not apply a default brokerage plan or assume your tax slab. Confirm actual charges with your broker and tax treatment with a qualified professional. Scenarios are illustrative and not predictions.

About the company

Sector: Mining & Mineral productsISIN: INE09PO01019
Zetwerk Manufacturing Businesses Private Limited is a technology-driven global manufacturing platform that connects industrial and consumer businesses with a diversified network of manufacturing partners. Through its managed marketplace, the Company facilitates customised and large-scale manufacturing requirements for businesses ranging from emerging startups to established enterprises. Its customer base spans multiple industries, including utilities, renewable energy, consumer electronics, artificial intelligence infrastructure, aerospace, space and defence, oil and gas, and industrial automation. The Company operates an asset-light business model, offering integrated manufacturing solutions encompassing product design, supplier identification, quality assurance and logistics management. Its proprietary technology platform, Zetwerk OS, supports end-to-end workflow management and provides real-time visibility throughout the manufacturing process. The Company's operational capabilities are supported by scalable production capacity, stringent quality control processes, shorter delivery cycles and a diversified international customer base. Zetwerk serves a broad range of manufacturing segments, including electronics, renewable energy, aerospace and defence, capital goods and precision engineering. The Company has an international presence spanning more than 25 countries, supported by a network of over 10,000 suppliers and more than 1,100 customers, including Fortune 500 enterprises. Its manufacturing infrastructure comprises over 20 facilities across India, the United States and Mexico. During Fiscal 2026, the Company served 1,802 customers, of which 1,613 were based in India and 189 were located outside India.

Issue details

Face value₹1
Lot size99
Min. quantity99
Cut-off price₹151
Listing price—
ISININE09PO01019
Bidding hours (IST)10:00 – 17:00

Timeline

Pre-apply starts14 Oct 2026
Bidding opens15 Oct 2026
Bidding closes19 Oct 2026
Allotment starts21 Oct 2026
Allotment date22 Oct 2026
Refund initiation22 Oct 2026
Listing date23 Oct 2026
Mandate end30 Nov 2026

Registrar

KFin Technologies Limited

Contact: Williams R

Phone: 91 40 6716 2222

zetwerk.ipo@kfintech.comVisit registrar website →

IPO data from Upstox; GMP from unofficial grey-market aggregators. GMP is not regulated and does not guarantee listing performance. Scorecard uses GMP + subscription heuristics — not investment advice.

About Zetwerk Manufacturing IPO IPO

IPO detail with price band, GMP, scorecard, subscription heat, timeline and registrar links.

How it works

Review the opportunity score and documents (RHP/DRHP), then use allotment or GMP calculators.

Practical tips

Note allotment and listing dates on your calendar before you apply.

Important to know

GMP and scores are informational — not apply advice.

Frequently Asked Questions

What details are shown for Zetwerk Manufacturing IPO?
Company summary, price band, timeline, lot size, and grey-market premium (GMP) when the data source provides them.
What is GMP and should I trust it?
GMP is an unofficial grey-market indication of listing sentiment. It can reverse quickly and is not a guarantee of listing gains.
Can I apply for the IPO on EnrichReturns?
No. Apply via ASBA through your bank or broker UPI flow as per the exchange process.
Where should I read official risk disclosures?
Always read the Red Herring Prospectus (RHP) and exchange filings. This page is informational, not investment advice.
How fresh is subscription and GMP data?
Figures depend on upstream feeds and may lag. Confirm live subscription on NSE/BSE and treat GMP as speculative.
Is SME different from mainboard?
Yes. SME IPOs have different lot sizes, eligibility, and liquidity profiles. Check the issue type before applying.