Zetwerk Manufacturing Businesses Limited
Against an issue price of ₹151. Split- and bonus-adjusted official closes — a past move, never a forecast.
Zetwerk Manufacturing Businesses Limited was a mainboard initial public offer.
The book was open from 15 October 2026 to 19 October 2026.
The issue was priced at ₹151 a share, from a band of ₹143 to ₹151.
As of the exchange's 19-Oct-2026 19:00:00 update the book was subscribed 3.06 times the shares on offer, counting bids on NSE and BSE together.
Against their reserved portions: qualified institutional buyers 4.73 times, non-institutional investors 1.40 times, retail investors 0.73 times and employees 1.59 times. Those portions add up to the whole offer; the sub-categories below each one are already counted inside it.
2.22 crore shares were bid at cut-off — applications that accept whatever price the issue is finally set at rather than naming one.
The shares listed on 23 October 2026.
The last official close on file is ₹167 (5 November 2026), which is 10.4% above the issue price.
It now trades as ZETWERK, and its filed financials are on its company page.
Shares sold in the issue at ₹151 last closed at ₹166.73.
See ZETWERK’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
- Registrar
- KFin Technologies Limited
- Lead managers
- Kotak Mahindra Capital Company Limited
- Morgan Stanley India Company Private Limited
- Goldman Sachs (India) Securities Private Limited
- Avendus Capital Private Limited
- JM Financial Limited
- HSBC Securities and Capital Markets (India) Private Limited
- Pantomath Capital Advisors Private Limited
- Bidding opens15 Oct 2026
- Bidding closes19 Oct 2026
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing23 Oct 2026
Investors have bid for 3.06 times the shares on offer. Each category below has its own reserved portion, and those portions add up to the whole offer.
Bids placed on NSE alone, excluding BSE. It is smaller than the 3.06x headline above and the two must never be compared or added together.
Every bid names a price, or accepts whatever the final price turns out to be. This shows how many shares have been bid for at each price or above it — so the bar at the top of the band counts only the bids willing to pay it.
The columns are near-identical because they are: demand falls only 0.07% between ₹143 and ₹151, so almost every bid was willing to pay the top of the band. The axis starts at zero — the flatness is the finding, not a missing scale.
These accept whatever price the issue is finally set at, so they have no place on the price axis and are not in the chart.
How much of the demand falls away between the bottom and the top of the band.
Cumulative shares bid at or above each price in the band, from the exchange's own demand schedule. Bids placed at cut-off carry no price and are counted separately.
We have not extracted an anchor allotment list for this issue.
- Anchor investors — first trancheSEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment22 Nov 202650% of this tranche
- Anchor investors — second trancheSEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment21 Jan 202750% of this tranche
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment23 Apr 2027whole tranche releases on this date
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment23 Apr 2028whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
What the company says it will do with the money it raises. Only the fresh-issue portion reaches the company; anything raised through an offer for sale goes to the shareholders selling.
- Total—
Figures as filed by the issuer in its offer document.
The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Avendus Capital Private Limited 2024 – 2026 | 9 4 measurable | +0.7% | 1 of 2 | — | 0 of 2 |
Goldman Sachs Securities Private Limited 2024 – 2026 | 13 3 measurable | +2.8% | 1 of 2 | 0 of 1 | 1 of 2 |
HSBC Securities and Capital Markets Private Limited 2023 – 2026 | 14 4 measurable | +8.0% | 1 of 2 | 1 of 3 | 0 of 1 |
JM Financial Limited 2021 – 2026 | 75 24 measurable | +13.3% | 10 of 21 | 2 of 5 | 0 of 3 |
Kotak Mahindra Capital Company 2021 – 2026 | 67 18 measurable | +18.6% | 3 of 15 | 2 of 7 | 2 of 4 |
Morgan Stanley India Company Private Limited 2022 – 2026 | 21 3 measurable | -8.4% | 1 of 2 | — | 1 of 2 |
Pantomath Capital Advisors Private Limited 2023 – 2026 | 17 4 measurable | -3.7% | 2 of 4 | 0 of 1 | — |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Kfin Technologies Limited 2021 – 2026 | 140 46 measurable | +8.9% | 20 of 41 | 5 of 11 | 3 of 7 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive21 Oct 2026
- Red herring prospectus (RHP)· ZIP · exchange archive
- Draft red herring prospectus (DRHP)· ZIP · exchange archive13 Aug 2026
- Abridged prospectus· PDF · exchange archive13 Oct 2026
- Anchor investor allotment· ZIP · exchange archivePARSE_FAILED
- Financial ratios advertisement· ZIP · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.