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The Economic Times
The Economic Times
Business
Ritesh Presswala

Zetwerk's Rs 5,012 crore IPO to open this week. Check price band, other details

Zetwerk Manufacturing Business IPO has fixed its price band at Rs 143–151 per share. The Rs 5,012.33-crore IPO will open for subscription on October 15, 2026, and remain open until October 19, giving investors three days to place their bids. The company plans to list its shares on the BSE and NSE, with the tentative listing date set for October 23.

The book-built issue comprises a fresh issue of Rs 2,830 crore and an offer for sale (OFS) of 14.45 crore shares worth approximately Rs 2,182 crore. The IPO allotment is expected to be finalised on October 21, 2026. Investors can bid for a minimum of 99 equity shares, with applications thereafter accepted in multiples of 99 shares. Eligible employees participating in the employee reservation portion will receive a discount of Rs 14 per share.

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