IPO GMP todayZetwerk
Zetwerk IPO GMP Today
Zetwerk IPO listed on 23 Oct 2026 at +5.46% over the ₹151 issue price. The last grey-market premium before listing was +₹1.2 (+0.79%), read 23 Oct 2026, 9:37 AM IST. GMP is an unofficial quote compiled from public trackers; the listing figure is the exchange's.
- Price band
- ₹151
- Issue size
- ₹5,012.33 Cr
- Subscription
- 3.10×
This session
- GMP today
- +₹1.2
- Expected listing
- ₹152 · +0.79%
- Price band
- ₹151
- Issue size
- ₹5,012.33 Cr
- Lot
- 99 shares · min 1
- Minimum application
- 99 shares · ₹14,949
- Window
- 15 Oct 2026 – 19 Oct 2026
- Listing
- 23 Oct 2026
- Allotment
- 21 Oct 2026
- Board
- Mainboard · NSE & BSE
Day-wise GMP
- First GMP
- +₹1.2
- 23 Oct · 9:37 AM
- Peak
- +₹1.2
- 23 Oct · 9:37 AM
- Low
- +₹1.2
- 23 Oct · 9:37 AM
- Last before listing
- +₹1.2
- 23 Oct · 9:37 AM
1 mark; ₹0 from the first mark to the last before listing. How accurate is GMP?
| Date | GMP | On the band top | Marked |
|---|---|---|---|
| 23 Oct 2026 | +₹1.2 | +0.79% | Morning mark · 9:37 AM IST |
GMP is read every 30 minutes on market days (median of three public trackers); this table keeps one mark per morning and evening session, the last read of that session, so 1 mark so far. After listing day the rows stay as history.
A trend line needs two recorded sessions. This desk has one mark for Zetwerk. It will not invent earlier days from another website. Morning and evening snapshots accumulate here as the ingest worker runs.
The issue
Zetwerk Manufacturing Businesses Limited is a Bengaluru-based technology-led platform that aggregates and manages contract manufacturing capacity. The company connects enterprise customers with nearly 7,000 third-party suppliers across 26 countries alongside operating 26 of its own manufacturing facilities. Its offerings span solar, wind, power transformers, precision aerospace parts, and consumer electronics for clients including Siemens Gamesa, Acer India, NTPC, and DRDO.
Zetwerk Limited is a Mainboard issue on NSE & BSE. The price band is ₹151. One lot is 99 shares, and the smallest application is 1 lot (99 shares, ₹14,949 at the top of the band). The issue size is ₹5,012.33 crore.
The IPO consists of a fresh issue of ₹2,830 crore and an offer for sale of ₹2,182.33 crore by promoters and existing investors. Fresh proceeds will be utilized to prepay or repay ₹1,300 crore of borrowings of the company, ₹860 crore of borrowings of certain subsidiaries, and the remainder for general corporate purposes and strategic acquisitions.
In FY26, revenue from operations grew 40.43% to ₹15,913.32 crore from ₹11,331.86 crore in FY25. Restated net loss for the year widened to ₹1,606.17 crore in FY26 compared to ₹370.71 crore in FY25, impacted by non-cash share-conversion adjustments and losses from discontinued civil infrastructure operations.
Zetwerk listed on 23 Oct 2026 at +5.46% over the ₹151 issue price. The last grey-market premium before listing was +₹1.2 (+0.79%), so the listing came in above what the grey market implied.
Latest overall subscription on this edition is 3.10×. A multiple above 1.00× means applications for more shares than are on offer; it does not mean you will get shares. Retail allotment in an oversubscribed category is a lottery for one lot. The split across QIB, NII and retail is omitted unless it belongs to the same snapshot as this total.
The company has incurred continuous net losses and negative operating cash flows driven by working capital requirements. It also faces customer concentration risk, with its top 10 customers generating 77.8% of revenue in FY26, alongside heavy dependence on third-party suppliers without fixed long-term commitments.
The timetable on the record is open 15 Oct 2026, close 19 Oct 2026, allotment 21 Oct 2026, listing 23 Oct 2026. KFin Technologies is the registrar. Check allotment on their site with your PAN after the basis is out. After listing, this page stays up. The grey-market mark becomes history, and the listing print replaces the expected-listing sketch. Do not apply because a premium looks large. Read the prospectus.
Company profile: AI analysis of the offer document and news coverage (2 Nov 2026). Sources: zerodha.com, reddit.com, tradingview.com, electronics.economictimes.indiatimes.com, financialexpress.com. Check the offer document before relying on a figure.
Subscription
Overall subscription on this edition is 3.10× Category splits are omitted unless they match this total. The live book for this issue is Zetwerk IPO subscription status. The table of every issue is IPO score live.
Allotment
Zetwerk names KFin Technologies as registrar. Company dates and the registrar link sit on Zetwerk IPO allotment status. Check allotment on their site with your PAN after the basis is published (scheduled 21 Oct 2026).
Open the KFin Technologies status page · How to check IPO allotment on KFin Technologies
Questions people ask
What is Zetwerk IPO GMP today?
Zetwerk IPO GMP is +₹1.2 as of 23 Oct 2026, 9:37 AM IST, over the ₹151 top of the price band. It is the unofficial grey-market quote compiled from public trackers, not an NSE or BSE price.
What is Zetwerk IPO GMP percentage and expected listing price?
The GMP percentage is +0.79%: +₹1.2 divided by the ₹151 band top. Band top plus GMP gives an estimated listing price of ₹152.2. The arithmetic is exact; the listing price is not.
What is Zetwerk IPO subscription status?
Zetwerk IPO was subscribed 3.10× overall as of 23 Oct 2026, 9:37 AM IST (NSE/BSE book). Above 1.00× means bids for more shares than are on offer across the whole issue; whether a retail lot is a lottery depends on the retail category's own multiple, which is on the subscription page.
When is Zetwerk IPO allotment and listing date?
Allotment is scheduled for 21 Oct 2026 and listing for 23 Oct 2026. The bidding window runs 15 Oct 2026 to 19 Oct 2026.
What is the minimum investment for Zetwerk IPO?
₹14,949 at the band top: one lot of 99 shares at ₹151.
How to check Zetwerk IPO allotment status?
On the KFin Technologies allotment page, with your PAN, after the basis of allotment is out. You can also check on the NSE or BSE site. IPO Radar does not look up PANs.
Is Zetwerk IPO GMP always right?
No. GMP is an unofficial dealer quote that SEBI does not recognise, and it can move or flip before listing day. Treat it as a sentiment reading and read the prospectus before applying.
GMP versus listing
Last GMP sketch
+0.79%
+₹1.2 over ₹151
Actual listing gain
+5.46%
Versus issue price. Not the same number as GMP.