Zetwerk Manufacturing Business IPO Subscription Status Day 1: Issue Subscribed 0.23 Times

Mumbai, October 15: The Zetwerk Manufacturing Business IPO was subscribed 0.23 times overall on the first day of bidding, according to subscription data recorded at 5:03 PM on October 15, 2026. The qualified institutional buyers (QIB) category, excluding anchor investors, recorded subscription of 0.30 times, while retail investors subscribed 0.23 times. The non-institutional investor (NII) category stood at 0.09 times. The ₹5,012.33 crore bookbuilding issue opened on October 15 and is scheduled to close on October 19, 2026. The issue comprises a fresh issue of 18.75 crore shares aggregating to ₹2,830 crore and an offer for sale of 14.45 crore shares worth ₹2,182.33 crore. The price band is fixed at ₹143 to ₹151 per share, with a lot size of 99 shares. At the upper price band, the minimum retail investment is ₹14,949 for one lot.

Zetwerk Manufacturing Business IPO Day 1 Subscription Status

As of 5:03 PM on October 15, 2026, the IPO had received bids for 4,17,52,755 shares against 18,29,18,935 shares offered across the reported investor categories, excluding anchor investors. The exchange snapshot recorded 65,869 applications.

The QIB category, excluding anchor investors, was subscribed 0.30 times. Retail subscription stood at 0.23 times, while the NII category recorded 0.09 times. The employee reservation, comprising 7,00,000 shares, was subscribed 0.26 times.

The cumulative subscription figures are based on the exchange snapshot updated at 5:03 PM on October 15, 2026.

Zetwerk Manufacturing Business Day-wise Subscription Summary

The IPO opened for subscription on October 15, 2026. On Day 1, the overall subscription stood at 0.23 times, with QIB demand at 0.30 times, retail at 0.23 times and NII at 0.09 times.

Zetwerk Manufacturing Business IPO Timeline

The basis of allotment is scheduled for October 21, 2026. Refunds and credit of shares are expected on October 22, followed by the tentative listing on the BSE and NSE on October 23, 2026.

Brief Overview Of The Zetwerk Manufacturing Business IPO

Zetwerk Manufacturing Business IPO is a ₹5,012.33 crore bookbuilding issue comprising a fresh issue of 18.75 crore shares aggregating to ₹2,830 crore and an offer for sale of 14.45 crore shares worth ₹2,182.33 crore. The IPO opened on October 15 and will close on October 19, 2026. The price band is ₹143 to ₹151 per share, and the lot size is 99 shares. Retail investors must invest at least ₹14,949 at the upper price band to apply for one lot. The issue includes a reservation of 7,00,000 shares for eligible employees, offered at a discount of ₹14 to the issue price. The net offer is allocated 75% to QIBs, 15% to NIIs and 10% to retail investors. Kotak Mahindra Capital Co. Ltd. is the book-running lead manager, while KFin Technologies Ltd. is the registrar to the issue. Zetwerk Manufacturing Business is scheduled to list on the BSE and NSE, with October 23, 2026, set as the tentative listing date.

Source:

• https://www.nseindia.com/market-data/issue-information?symbol=ZETWERK&series=EQ&type=Active