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IPO Analysis > zetwerk-ipo-mainboard

Zetwerk IPO GMP, Open Date, Price Band ... 

Everything Investors Should Know About Zetwerk IPO

India's manufacturing sector is going through a rise in growth because of government initiatives and global supply chain diversification. It's good news for companies like Zetwerk. 

Founded in 2018 by Srinath Ramakkrushnan, Amrit Acharya, Rahul Sharma, and Vishal Chaudhary, Zetwerk connects vendors and suppliers with manufacturing companies.

While there are reports of Zetwerk's IPO plans, no confirmed DRHP filing with SEBI has been publicly disclosed as of September 2025.

Zetwerk IPO India Details: Company Profile

Here's the Zetwerk company profile, a leading manufacturing unicorn. 

Particulars

Description

Full name

Zetwerk Manufacturing Technologies Private Limited

IPO Status

Planning stage 

Date of incorporation

2017

Headquarters

Bengaluru, India

Valuation

$5 billion

Business Model

B2B Manufacturing Marketplace

Key Sectors

Aerospace, Auto, Oil & Gas, Infrastructure

Zetwerk Funding Rounds and Key Milestones

Let's see what Zetwerk has raised in its funding rounds:

Date

Round Type

Amount

Lead Investors

Valuation

Key Notes

May 2018

Seed

USD1.5M

Kae Capital, Sequoia Capital

Not disclosed

Initial seed funding

Jan 2022

Series F

USD 240M

Not disclosed

$2.5B

Major growth round

Company Milestones Timeline

Date

Milestone

Details

May 2018

Seed Funding

Raised $1.5M from Kae Capital and Sequoia Capital

Mar 2019

Year 1 Operations

Completed first year with ₹21 crore turnover and 30 customers

Mar 2020

Year 2 Operations

Generated ₹360 crore in turnover (17x growth)

Mar 2021

Year 3 Operations

Achieved ₹949 crore turnover with ₹4,500 crore order book

Jul 2021

Operational Profitability

Became operationally profitable

Aug 2021

Unicorn Status

Became India's 25th unicorn company

Jan 2022

Major Funding

Raised $240M at $2.5B valuation

Apr 2022

Consumer Electronics

Expanded into consumer electronics segment

May 2022

Aerospace & Defence

Forayed into aerospace and defence businesses

May 2022

IoT Factory Launch

Union Minister inaugurated integrated IoT factory

Sep 2022

Board Addition

Sanjiv Rangrass joined board of directors

Sep 2022

Revenue Growth

Revenue grew 6x to ₹4,961 crore

Jan 2023

International Expansion

Commissioned Bangladesh's largest solar park in Gaibandha

Zetwerk Growth Metrics

  • Order Book: ₹4,500 crore as of March 2021

  • Valuation: Seed stage to $2.5B unicorn valuation

  • Revenue Growth: ₹4,961 crore in 2022

  • Profitability: Achieved operational profitability by July 2021

Financials and Performance Metrics

Based on available information:

Financial Metrics

FY2023-24

Gross Merchandise Value (GMV)

Rs 17,564 crores

Funding in 2024

$90 Million

Current Valuation

$3.1 billion


Zetwerk IPO Plans - Current Status

Expected IPO Details:

  • Estimated IPO Size: $500 million

  • Target Valuation: approximately $5 billion

  • DRHP Status: Not yet filed with SEBI

  • Expected Timeline: No official announcement

  • Listing Exchanges: Expected NSE and BSE

Investment Banking Consortium:

Kotak Mahindra Bank, Axis Capital, JP Morgan, Jefferies Financial Group, JM Financial, Goldman Sachs, and have been working with Zetwerk for the IPO process.

Should You Consider the Zetwerk IPO?

As the company hasn't filed its DRHP yet, there's no Zetwerk IPO GMP available. If it comes in the grey market, you can track it on Finnpick.

Also, do your own research before investing and keep an eye on the live subscription status before you hit that APPLY button.

FAQs

1. Is Zetwerk listed on the stock market?

No, Zetwerk is not listed yet. As of September 2025, the company hasn’t filed its DRHP with SEBI, so it’s not on any stock exchange.

2. What is the Zetwerk IPO date?

There’s no official date for Zetwerk’s IPO. While news reports say the company is preparing for it, nothing has been confirmed so far.

3. What does Zetwerk's business model look like?

Zetwerk works as a B2B manufacturing marketplace. It has been connecting businesses that need products with suppliers who can make them, across many different industries.

4. How much is the Zetwerk IPO share price?

Zetwerk IPO price is still unknown. But you must regularly check its GMP as it will give an idea of its listing price. 

6. Do I need a Demat account for the Zetwerk IPO?

Yes, you will need a demat account to apply for the Zetwerk IPO when it launches. To get major updates on its launch, you must check Zetwerk IPO news frequently.

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