Zetwerk IPO Subscribed 27% On Day 2 So Far, QIB & Retail Portions Booked 32% Each

B2B manufacturing company Zetwerk’s ₹5,012.3 Cr IPO was subscribed 27% on the second day of bidding today. Investors placed bids for 4.95 Cr shares against 18.51 Cr shares on offer as of 14:39 IST, according to BSE data. Non-institutional investors (NIIs) bid for 67.85 Lakh shares against 5.13 Cr shares reserved for them, subscribing to 13% of their quota.