Zetwerk Manufacturing Business IPO Subscription Status Day 3: Issue Subscribed 3.10 Times

Mumbai, October 19: The Zetwerk Manufacturing Business IPO was subscribed 3.10 times overall by 5:04 PM on October 19, 2026, the third and final day of bidding. Qualified institutional buyers (QIBs), excluding anchor investors, subscribed 4.71 times their allocated portion, while the non-institutional investor (NII) category recorded subscription of 1.45 times. Retail investors subscribed 0.77 times their reserved portion, according to the figures provided. The ₹5,012.33 crore bookbuilding issue comprises a fresh issue of 18,74,82,119 shares aggregating to ₹2,830 crore and an offer for sale of 14,45,25,036 shares aggregating to approximately ₹2,182.33 crore. The IPO opened on October 15 and closed on October 19, 2026. The price band was fixed at ₹143 to ₹151 per share.

Zetwerk Manufacturing Business IPO Day 3 Subscription Status

The IPO recorded overall subscription of 3.10 times on the final day. Bids were received for 56,66,04,324 shares against 18,29,18,935 shares offered to the public, excluding the anchor investor portion, according to the supplied subscription snapshot. The total number of applications stood at 1,99,050. The QIB category, excluding anchor investors, was subscribed 4.71 times, with bids for 46,82,02,185 shares against 9,93,92,146 shares offered. The NII category received bids for 7,18,42,617 shares against 4,96,96,073 shares offered, translating into subscription of 1.45 times.

Within the NII segment, big NIIs, applying for amounts above ₹10 lakh, subscribed 1.74 times. Small NIIs, applying for amounts below ₹10 lakh, recorded subscription of 0.86 times. Retail investors subscribed 0.77 times, with bids for 2,54,45,079 shares against 3,31,30,716 shares offered. The employee category recorded subscription of 1.59 times, with bids for 11,14,443 shares against 7,00,000 shares reserved.

Zetwerk Manufacturing Business IPO Day-wise Subscription Summary

The IPO recorded overall subscription of 0.23 times on October 15, rising to 0.31 times on October 16 before reaching 3.10 times on October 19. QIB subscription, excluding anchor investors, increased from 0.30 times on Day 1 to 0.37 times on Day 2 and 4.71 times on the final day. NII subscription rose from 0.09 times on the opening day to 0.17 times on Day 2, reaching 1.45 times on the closing day. Retail subscription moved from 0.23 times on Day 1 to 0.37 times on Day 2 before ending at 0.77 times.

Zetwerk Manufacturing Business IPO Timeline

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

Brief Overview Of The Zetwerk Manufacturing Business IPO

The Zetwerk Manufacturing Business IPO is a ₹5,012.33 crore bookbuilding issue comprising a fresh issue and an offer for sale. The fresh issue consists of 18,74,82,119 shares aggregating to ₹2,830 crore, while the offer for sale comprises 14,45,25,036 shares aggregating to approximately ₹2,182.33 crore. The price band is ₹143 to ₹151 per share, with a face value of ₹1 per share. The minimum retail application is 99 shares, requiring ₹14,949 at the upper price band. The issue also includes a reservation of up to 7,00,000 shares for employees, offered at a discount of ₹14 per share to the issue price. The issue allocation includes 75% for QIBs, 15% for NIIs and 10% for retail investors, based on the net offer figures provided. Kotak Mahindra Capital Co. Ltd. is the book-running lead manager, while KFin Technologies Ltd. is the registrar. The IPO opened on October 15 and closed on October 19, 2026. The tentative listing date is October 23, 2026, on the BSE and NSE.

Source:

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