Archive · 12 Oct 2026
Zetwerk sets ₹143–₹151 band for its ₹5,012 crore IPO
Zetwerk is planning to sell shares to the public through an IPO.
It has set the share price between ₹143 and ₹151.
The offer includes new shares sold by the company and shares sold by existing shareholders.
People can apply between October 15 and October 19.
Retail investors are set to receive 10% of the shares offered.
Eligible employees can get a discount of ₹14 per share.
The company plans to announce allotments on October 21.
The shares are scheduled to begin trading on October 23 on BSE and NSE.
Zetwerk Manufacturing set its IPO price band at ₹143–₹151 per share.
The ₹5,012 crore issue comprises a ₹2,830 crore fresh share issue and a ₹2,182.3 crore offer for sale.
The IPO is scheduled to open on October 15 and close on October 19.
Retail investors are allocated 10% of the issue, QIBs 75%, and NIIs 15%; eligible employees receive a ₹14-per-share discount.
Allotment is scheduled for October 21, shares are due to be credited on October 22, and trading on BSE and NSE is set for October 23.
- Who
- Zetwerk Manufacturing Business Ltd.; promoters Amrit Pratik Acharya and Srinath Ramakrishnan are among the selling shareholders.
- What
- The company fixed a ₹143–₹151 per-share price band for its ₹5,012 crore IPO.
- When
- The IPO is scheduled to open October 15 and close October 19; trading is scheduled to start October 23. The articles do not specify a year.
- Where
- The shares are scheduled to trade on BSE and NSE.
- Why
- The company is conducting an IPO comprising a fresh issue and an offer for sale; the articles do not state a more specific reason.
- Total issue size
- ₹5,012 crore
- Price band
- ₹143–₹151 per share
- Fresh issue
- ₹2,830 crore
- Offer for sale
- ₹2,182.3 crore
- Lot size and minimum investment
- 99 shares; ₹14,949 at the upper price-band limit
- Investor allocation
- QIBs: 75%; NIIs: 15%; retail investors: 10%
- Promoter holding
- Expected to decrease from 21.08% to 15.71% after the IPO
- Key dates
- Subscription: October 15–19; allotment: October 21; demat credit: October 22; trading: October 23