Incorporated in 2017, Zetwerk Manufacturing Businesses Private Limited is a technology-led global manufacturing platform. The Company operates as a managed marketplace connecting industrial and consumer enterprises with …
Incorporated in 2017, Zetwerk Manufacturing Businesses Private Limited is a technology-led global manufacturing platform. The Company operates as a managed marketplace connecting industrial and consumer enterprises with a global network of manufacturing partners for custom and large-scale production requirements. The company serves across sizes, from innovative startups to mature companies, and across industries, including utilities, renewables, consumer electronics, artificial intelligence infrastructure, aerospace, space & defence, oil & gas, and industrial automation.The Company follows an asset-light business model and provides end-to-end solutions, including design, supplier matching, quality control, and logistics. The Company’s proprietary platform, Zetwerk OS, enables real-time tracking and transparency across the manufacturing lifecycle. Its key strengths include scalable manufacturing capacity, strong quality control systems, faster delivery timelines, and a diversified global customer base.It operates across key sectors such as electronics, renewable energy, aerospace and defence, capital goods, and precision manufacturing. Zetwerk has a presence in over 25 countries and a network of 10,000+ suppliers and 1,100+ customers, including Fortune 500 companies. It also operates 20+ manufacturing facilities across India, the United States, and Mexico.In Fiscal 2026, the company had 1,802 customers, comprising 1,613 customers within India and 189 customers outside India.Competitive Strengths:Unique business model enables us to serve multiple demand pools and makes them resilient across economic cyclesBuilding Capabilities to Serve Multiple Industry VerticalsAbility to scale in a capital-efficient mannerZetwerk OS, their proprietary technology enables end‑to-end workflow management across the manufacturing lifecycle while driving powerful network effects across their operationsDeep relationships with customers driving higher revenue visibility and stickinessAbility to add value-additive ecosystem services to the manufacturing platformExperienced, cycle-tested management team backed by an experienced board of directors
📍 84/1, Vaishnavi Sovereign Ground & 1st Floor, Green Glen Layout, Bellandur, …
📞 +91 7624 9748 90
✉️ cs@zetwerk.com
Zetwerk Manufacturing Business Ltd IPO About the Company
Incorporated in 2017, Zetwerk Manufacturing Businesses Private Limited is a technology-led global manufacturing platform. The Company operates as a managed marketplace connecting industrial and consumer enterprises with a global network of manufacturing partners for custom and large-scale production requirements. The company serves across sizes, from innovative startups to mature companies, and across industries, including utilities, renewables, consumer electronics, artificial intelligence infrastructure, aerospace, space & defence, oil & gas, and industrial automation.The Company follows an asset-light business model and provides end-to-end solutions, including design, supplier matching, quality control, and logistics. The Company’s proprietary platform, Zetwerk OS, enables real-time tracking and transparency across the manufacturing lifecycle. Its key strengths include scalable manufacturing capacity, strong quality control systems, faster delivery timelines, and a diversified global customer base.It operates across key sectors such as electronics, renewable energy, aerospace and defence, capital goods, and precision manufacturing. Zetwerk has a presence in over 25 countries and a network of 10,000+ suppliers and 1,100+ customers, including Fortune 500 companies. It also operates 20+ manufacturing facilities across India, the United States, and Mexico.In Fiscal 2026, the company had 1,802 customers, comprising 1,613 customers within India and 189 customers outside India.Competitive Strengths:Unique business model enables us to serve multiple demand pools and makes them resilient across economic cyclesBuilding Capabilities to Serve Multiple Industry VerticalsAbility to scale in a capital-efficient mannerZetwerk OS, their proprietary technology enables end‑to-end workflow management across the manufacturing lifecycle while driving powerful network effects across their operationsDeep relationships with customers driving higher revenue visibility and stickinessAbility to add value-additive ecosystem services to the manufacturing platformExperienced, cycle-tested management team backed by an experienced board of directors
Zetwerk Manufacturing Business Ltd IPO Analysis
Pros
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Cons
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Zetwerk Manufacturing Business Ltd IPO Subscription Status
Consolidated figures
Metric
QIB
NII (HNI)
Retail
Total
Subscription
—
—
—
—
Shares
Not less than 75% of the Net Offer
Not more than 15% of the Net Offer
Not more than 10% of the Net Offer
—
Bids
—
—
—
—
▼ Category-wise Detailed Breakdown
Category
Subscription
Offered
Bid Shares
Amt (₹ Cr)
QIB
-
Not less than 75% of the Net Offer
—
₹0.00
NII (HNI)
-
Not more than 15% of the Net Offer
—
₹0.00
Retail
-
Not more than 10% of the Net Offer
—
₹0.00
Market Maker
1.00×
—
—
—
Total
-
100
—
₹0.00 Cr
Applications: -Total Bid Amount: ₹0.00 Cr
Zetwerk Manufacturing Business Ltd IPO Profit & Loss
Figures in ₹ Crores / Amount in ₹ Crore
Metric
30 Jun 2026
31 Mar 2026
30 Jun 2025
Revenue
4,195.70
16,100.63
2,702.10
EBITDA
103.16
421.34
31.11
Profit After Tax
-732.98
-1,606.17
-1,368.47
Net Worth
4,094.13
4,813.72
3,905.13
Total Assets
12,016.09
13,384.63
9,083.09
Reserves
-771.23
-15.96
3,803.94
Borrowings
1,942.19
1,936.16
1,707.21
Sales Growth
3 Years:
-35.6%
Latest:
2,702.10 Cr
Profit Growth
3 Years:
86.7%
Latest PAT:
-1,368.47 Cr
Zetwerk Manufacturing Business Ltd IPO Key Financial Ratios
Profitability
RONW-1.74%
Valuation
Pre EPS-10.66
Pre P/E-14.17×
Leverage & Growth
Sales Growth (3yr)-35.6%
Profit Growth (3yr)+86.7%
Latest Revenue2,702.10 Cr
Latest PAT-1,368.47 Cr
Zetwerk Manufacturing Business Ltd IPO Objects of the Issue
1Repayment/prepayment, in part or full, of certain of or all of borrowings availed by the company
2Funding inorganic growth through unidentified acquisitions and other strategic acquisitions
3General Corporate Purposes
4Repayment/prepayment, in part or full, of certain of or all of borrowings availed₹860.00 Cr
Zetwerk Manufacturing Business Ltd IPO Schedule & Important Dates
IPO Open
2026-10-15
Upcoming
IPO Close
2026-10-19
Upcoming
Allotment
2026-10-21
Upcoming
Refund
2026-10-22
Upcoming
Demat Credit
2026-10-22
Upcoming
Listing
2026-10-23
Upcoming
Zetwerk Manufacturing Business Ltd IPO Lot Size & Investment Details
Zetwerk Manufacturing Business Ltd IPO Lead Managers & Market Makers
Book Running Lead Managers
Kotak Mahindra Capital Co.Ltd
Morgan Stanley India Co.Pvt.Ltd
Goldman Sachs (India) Securities Pvt.Ltd
Avendus Capital Pvt.Ltd
JM Financial Ltd.
HSBC Securities & Capital Markets (India) Pvt.Ltd
Pantomath Capital Advisors Pvt.Ltd
Zetwerk Manufacturing Business Ltd IPO Allotment Status