Independent Research on Mutual Funds, Stocks & IPOs for Indian Investors

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Zetwerk Manufacturing Businesses Limited

IPO Type:

Mainboard

Status:

Upcoming

Sector:

B2B Manufacturing / Industrial Platform

Exchange:

NSE & BSE

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Zetwerk is a B2B manufacturing platform connecting buyers with manufacturers and suppliers of industrial machine components, custom parts, and engineered goods. Founded in 2018 by Amrit Acharya, Srinath Ramakkrushnan, Rahul Sharma, and Vishal Chaudhary. Gross revenue ₹12,798 Cr in FY25. Losses reduced 60% to ₹371 Cr. Unicorn backed by Greenoaks Capital, Lightspeed Venture Partners, Peak XV Partners. Filed confidential DRHP with SEBI in late March 2026 for $450 Mn (~₹3,800 Cr) IPO. Lead managers: Kotak Mahindra Capital, JM Financial, Avendus Capital, HSBC, Morgan Stanley, Goldman Sachs. Targeting valuation of ~$4 Bn.

Issue Size (Cr)

3800

x times original subscription

Listing Price (₹)

Issue Dates

To Be Announced

Price Band

TBA

Allotment Date

Listing Date

Lot Size

QIB (times x)

NII (timex x)

Retail (times x)

Min Investment (₹)

Registrar

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