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IPO · 12 October 2026ZetwerkContract manufacturing platformzetwerk.com ↗

Zetwerk fixes IPO price band at ₹143-151

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IPOIPOProfessional & Local ServicesBengaluruFounded 2018
  • Zetwerk runs a technology-led manufacturing network that links large buyers with a wide base of factories and suppliers
  • The company set a price band of ₹143 to ₹151 a share for an issue worth about ₹5,012 crore, opening on 15 October
  • At the top of the band the offer values the business near ₹25,583 crore, or roughly $2.6 billion

What happened

  • Zetwerk set its price band at ₹143-151 per share.
  • The issue size is about ₹5,012 crore.
  • Bidding opens on 15 October.
  • The top of the band implies a valuation near ₹25,583 crore.

Why it matters

  • It is one of the largest startup IPOs of the year.
  • Early backers such as Peak XV and Accel stand to gain a public market exit.

The business

  • Zetwerk connects enterprise buyers with factories.
  • It serves energy, electronics, defence, aerospace and capital goods.

The founders

AA

Amrit Acharya

Co-founder and CEO
in
  • IIT Madras graduate

Who put in money

  • Peak XV Existing investor — Venture capital firm
  • Accel Existing investor — Venture capital firm

In numbers

₹5,012 CrIssue size · 2026

What happens next

  • Bidding opens on 15 October.

Words to know

Price band
The range within which investors may bid for shares.

Other articles talking about it

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Terms in this story

  • IPO: An IPO, or initial public offering, is the first time a company sells its shares to the general public and gets listed on a stock exchange. In India the process is supervised by SEBI and ends with the shares trading on the NSE and BSE.
  • Price band: The red herring prospectus (RHP) is the near-final IPO document that carries the price band and the opening and closing dates. From the day the band is announced, a main board IPO runs for three working days of bidding and lists a few days later.

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