Zetwerk IPO Subscribed 8% On Day 1 So Far

B2B manufacturing company Zetwerk’s ₹5,012.3 Cr IPO got off to a rather slow start today, receiving a mere 8% subscription as of 14:00 IST. Investors have placed bids for 1.50 Cr shares against 18.51 Cr shares on offer, as per BSE data. Qualified institutional buyers (QIBs) have been the most bullish on the public float till now, placing the highest number of bids for 75.67 Lakh shares.