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Zetwerk Manufacturing IPO Subscribed 22-31% in First Two Days of Bidding

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Zetwerk Manufacturing IPO Subscribed 22-31% in First Two Days of Bidding

Analysed 16 Oct 2026·41 sources analysed·New Delhi, India·Business
Zetwerk Manufacturing IPO Subscribed 22-31% in First Two Days of BiddingPreviousNext

Zetwerk Manufacturing's Rs 5,012-crore IPO saw subdued subscription, reaching 22-31% on the first two days of bidding. The IPO includes a fresh issue of Rs 2,830 crore and an offer for sale of 14.45 crore shares. Qualified institutional buyers showed higher interest, with up to 37% subscription, while retail and non-institutional investors subscribed less. The IPO, priced between Rs 143-151 per share, closes on October 19, with allotment expected by October 21 and listing on October 23. Anchor investors include BlackRock, Goldman Sachs, and ADIA.

Sentiment
50%
TBN's observations

First-hand measurement across 15 sources

We measured how 15 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 50/100.

Outlets measured: economictimes, economictimes, news18, inc42media, businessstandard, thefinancialexpress, moneycontrol, economictimes, and 7 more. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 15 sources · Published under editorial oversight by The Balanced News
Analysed 16 Oct 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Neutral (50/100)

Sentiment was consistent across outlets (48–52/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

news18 broke this story on 14 Oct, 04:15 pm. Other outlets followed.

14 Oct, 04:15 pm15 sources · 36 h16 Oct, 04:20 am
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
← Previous
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  1. 1
    news1814 Oct, 04:15 pm
    Zetwerk raises Rs 2,251 crore from anchor investors ahead of Rs 5,012-cr IPO
  2. 2
    moneycontrol14 Oct, 04:26 pm
    Zetwerk raises Rs 2,251 crore from anchor investors ahead of Rs 5,012-crore IPO- Moneycontrol.com
  3. 3
    inc42media14 Oct, 04:26 pm
    Zetwerk Raises 2,251 Cr From Anchor Investors Ahead Of IPO
  4. 4
    businessstandard14 Oct, 04:31 pm
    Zetwerk raises 2,251 crore from anchor investors ahead of 5,012-cr IPO
  5. 5
    economictimes14 Oct, 04:47 pm
    Zetwerk raises Rs 2,251 crore from anchor investors ahead of IPO
  6. 6
    economictimes14 Oct, 05:24 pm
    BlackRock, Goldman Sachs, Nomura among key investors as Zetwerk mops up Rs 2,251 crore in anchor bidding; IPO opens on Oct 15
  7. 7
    economictimes15 Oct, 01:14 am
    Can Zetwerk Manufacturing IPO deliver long-term growth for high-risk investors?
  8. 8
    economictimes15 Oct, 02:30 am
    Zetwerk Manufacturing Business IPO opens today; GMP signals 15 listing gain, check key details
  9. 9
    moneycontrol15 Oct, 06:14 am
    Zetwerk IPO: Issue booked 2 so far on opening day; GMP at 15 - Moneycontrol.com
  10. 10
    thefinancialexpress15 Oct, 06:29 am
    Zetwerk IPO: Anchor investors raise over Rs 2,250 cr; GMP signals 14 listing gains
  11. 11
    businessstandard15 Oct, 07:40 am
    Zetwerk IPO review: Analysts divided on growth prospects; losses a concern
  12. 12
    inc42media15 Oct, 08:59 am
    Zetwerk IPO Subscribed 8 On Day 1 So Far
  13. 13
    news1815 Oct, 01:48 pm
    Zetwerk Manufacturing IPO subscribed 22 pc on day 1
  14. 14
    economictimes15 Oct, 03:11 pm
    Zetwerk IPO: Zetwerk IPO subscribed 0.23 times on day 1
  15. 15
    economictimes16 Oct, 04:20 am
    Zetwerk Manufacturing Business IPO Day 2: GMP at 9 ; Check subscription status, and key details

Who's involved

Institutions and figures named across source coverage.

Government
Securities and Exchange Board of India
Corporate
Avendus CapitalPantomath Capital AdvisorsKae CapitalPeak XV PartnersAccelKotak Mahindra Capital CompanyZetwerk Manufacturing PlatformLightspeed Venture PartnersAccel IndiaHSBC Securities and Capital Markets IndiaZetwerk Manufacturing BusinessGoldman Sachs India SecuritiesMorgan Stanley India CompanyJM Financial

Story context

Category
Business
Location
New Delhi, India
Sources analysed
41
Last analysed
16 Oct 2026
Key entities
Initial public offeringIndian rupeeCroreGoldman SachsBombay Stock ExchangeManufacturingBlackRockNational Stock Exchange of IndiaIndiaAerospaceAutomationMutual fund