Zetwerk IPO Day 2: Subscription Status on 16 October 2026
- October 16, 2026
- Posted by: Harsh Piplani
- Category: IPO
Zetwerk IPO Day 2, 16 Oct 2026. Subscribed 0.23x on Day 1: QIB 0.30x, Retail 0.23x, NII 0.09x. Price band Rs 143-151. Lot size 99 shares.
Quick Answer
The Zetwerk IPO is on Day 2 of bidding on 16 October 2026. The issue was subscribed 0.23 times at the Day 1 reading on 15 October, with QIB at 0.30 times excluding the anchor portion, retail at 0.23 times and NII at 0.09 times. Bidding remains open until 19 October 2026, and investors should track the live category wise numbers on BSE and NSE through the day.
Zetwerk Manufacturing Businesses Limited, a Bengaluru-based manufacturing platform, is on Day 2 of its IPO bidding window, which opened on 15 October 2026 and closes on 19 October 2026. The Zetwerk IPO is a mainboard, book built issue worth about Rs 5,012.33 crore, with a Rs 2,830 crore fresh issue and an offer for sale of Rs 2,182.33 crore, and the shares are proposed to list on BSE and NSE.
Bids on Day 1 were for about 4.18 crore shares against roughly 18.29 crore shares on offer to the public, from 65,869 applications. The employee category stood at 0.26 times. The issue is large, so even modest multiples represent sizeable bids.
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Zetwerk IPO Details
The table below sets out the key parameters of the Zetwerk IPO.
| Open Date | 15 October 2026 |
| Close Date | 19 October 2026 |
| Face Value | Re 1 per share |
| Price Band | Rs 143 to Rs 151 per share |
| Lot Size | 99 shares |
| Issue Size | Rs 5,012.33 crore (fresh issue Rs 2,830 crore, offer for sale Rs 2,182.33 crore) |
| Issue Type | Book Built Issue, Mainboard |
| Listing At | BSE, NSE |
| Allotment Date | 21 October 2026 |
| Listing Date | 23 October 2026 |
Zetwerk IPO Subscription Status Day 2
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the Day 1 reading on Thursday, 15 October.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (15 Oct) | 0.23x | 0.30x | 0.09x | 0.23x |
| Day 2, so far (16 Oct) | Updating through the session | |||
The offer excludes the Rs 2,251.23 crore anchor portion, and in a large issue with a QIB quota of at least 75 percent, demand often builds toward the final day. Figures are the NSE reading at about 5 PM on 15 October, so confirm final numbers as bidding continues until 19 October.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Zetwerk IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 143 to Rs 151 band, in multiples of 99 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 19 October.
Download the Univest iOS App or Univest Android App to apply for the issue before the 19 October close.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue enters Day 2 at 0.23 times, with QIB ahead of retail and NII. Investors considering the issue should note that the company is still loss making, that the retail quota is limited to 10 percent and that part of the issue is an offer for sale by early investors, and read the RHP on bseindia.com before applying after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Zetwerk IPO subscription status on Day 2?
Ans. The issue carries forward a Day 1 close of 0.23 times overall, with QIB at 0.30 times, retail at 0.23 times and NII at 0.09 times, and figures for Day 2, 16 October 2026, are updating through today’s session on BSE and NSE.
When does the Zetwerk IPO close?
Ans. The issue closes for subscription on 19 October 2026, having opened on 15 October 2026.
What is the Zetwerk IPO price band and lot size?
Ans. The issue price band is Rs 143 to Rs 151 per share, with a lot size of 99 shares. A retail investor needs at least one lot, which is about Rs 14,949 at the upper price band.
Is the Zetwerk IPO fully subscribed?
Ans. Not yet. The issue was subscribed 0.23 times at the Day 1 reading on 15 October, with QIB at 0.30 times excluding the anchor portion, retail at 0.23 times and NII at 0.09 times.
What is the Zetwerk IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Zetwerk IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 143 to Rs 151 band, in multiples of 99 shares, then approving the UPI mandate before the daily cut off.
When will the Zetwerk IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 21 October 2026, with listing on BSE and NSE tentatively scheduled for 23 October 2026.
What does Zetwerk Manufacturing Businesses Limited do?
Ans. Zetwerk Manufacturing Businesses Limited operates a technology-led, asset-light manufacturing platform that connects businesses with manufacturing capacity through suppliers and its own facilities.
