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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Zetwerk Manufacturing Businesses Limited is a technology-led, asset-light manufacturing platform that aggregates capacity across a network of third-party suppliers and its own facilities to produce industrial and consumer goods.
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 · 15 Oct | 0.17× | 0.07× | 0.15× | 0.14× |
| Day 2 · 16 Oct | 0.20× | 0.13× | 0.24× | 0.19× |
QIB = qualified institutional buyers, NII = non-institutional (HNI) investors, Retail = individual bids up to ₹2 lakh. Figures are end-of-day captures; the final day's number can rise further after 5 PM as the exchange consolidates bids.
The company operates a 'universal factory' model unified through its proprietary technology backbone, Zetwerk OS, which manages the end-to-end manufacturing lifecycle including supplier selection, project management, quality control, and logistics. It serves a diverse range of industries such as utilities, renewables, consumer electronics, aerospace, defence, and oil & gas.
Zetwerk utilizes a hybrid model that combines an extensive network of third-party suppliers across 26 countries with its own manufacturing facilities. This approach allows the company to scale capacity efficiently while maintaining control over complex, high-value manufacturing processes.
Only the fresh-issue half funds the company. Offer-for-sale money goes to shareholders selling out — it changes who owns the business, not what the business can spend.
Since its listing-day close it has moved +20.6%, while the Nifty moved +8.6% over the same 9 sessions. Windows are measured vs the issue price and fill in as sessions trade.
Full stock analysis for ZETWERK →This row was written the day before listing and has not been edited since. Right or wrong, it stays.
GMP is unofficial, unregulated grey-market chatter. It moves hourly, it is not a quoted price, and listing prices routinely diverge from it. Nothing on this page is a recommendation to apply for or avoid this issue — it is the public record plus a description of the business, published for education. The business profile is an AI summary of the company's red herring prospectus; every figure shown was checked to appear in the prospectus text, and anything that didn't match was left out. Read the RHP itself before relying on any of it.
Zetwerk Manufacturing Businesses listed on 23 Oct 2026 at Rs 159 against an issue price of Rs 151 — a gain of 5.5% on debut.
The Zetwerk Manufacturing Businesses IPO price band is Rs 143 to Rs 151 per share, with bidding open from 15 Oct 2026 to 19 Oct 2026. It is a Mainboard issue.
The minimum bid is one lot of 99 shares, which is Rs 14,949 at the upper price band. A retail investor can bid for up to 13 lots (Rs 1,94,337) within the Rs 2 lakh retail limit.
As of 5 Nov 2026, Zetwerk Manufacturing Businesses traded 10.4% above its issue price and 20.6% above its listing-day close; the Nifty moved +8.6% over the same period.
As of 16 Oct 2026, the Zetwerk Manufacturing Businesses IPO was subscribed 0.19 times overall — QIB 0.20 times, NII 0.13 times, retail 0.24 times, per official NSE bid data.
Across the 47 IPO listings this tracker has scored, the grey market premium called the listing direction correctly 83% of the time, missing the size of the move by a median 6.6 percentage points. Each final GMP is frozen the day before listing and scored publicly against the actual debut.
Trade Edge AI does not make apply/avoid calls — it is not a SEBI-registered Investment Adviser or Research Analyst. This page publishes the public record (issue details, GMP history, listing outcome) and a plain description of the business so you can make your own decision; read the RHP and consult a SEBI-registered adviser.