Zetwerk’s IPO Fully Subscribed On Day 3, Gets Muted Response From Retail Investors

B2B manufacturing company Zetwerk’s ₹5,012.3 Cr IPO has been oversubscribed on the final day of bidding, receiving bids for 19.83 Cr shares against the 18.51 Cr shares on offer. This translates to an oversubscription of 1.07X, as per BSE data on 13:45 IST. Qualified institutional buyers (QIBs) have shown the highest interest in the IPO, oversubscribing their quota by 1.44X.