Zetwerk Sets ₹143-₹151 IPO Price Band For ₹5,012 Crore Issue

12 Oct 2026, 10:55 am · 3h ago · 1 min read · Inc42New

Amount

₹5,012 Cr

Stage

IPO

B2B manufacturing unicorn Zetwerk has fixed its IPO price band at ₹143 to ₹151 per share, seeking a valuation of ₹25,583 crore ($2.7 billion). The ₹5,012.3 crore issue opens October 15 and closes October 19, with anchor bidding on October 14. The offering includes a fresh issue of ₹2,830 crore and an offer for sale worth ₹2,182.3 crore. Cofounders Amrit Pratik Acharya and Srinath Ramakkrushnan alongside investors Peak XV Partners, Accel, Lightspeed, and Kae Capital are trimming stakes. Proceeds will fund ₹2,160 crore in debt repayment, acquisitions, and general corporate purposes.