Zetwerk IPO: Zetwerk IPO subscribed 0.23 times on day 1

Zetwerk IPO: Zetwerk IPO subscribed 0.23 times on day 1



Bengaluru: B2B (business-to-business) contract manufacturer Zetwerk’s Rs 5,012 crore IPO (initial public offering) was subscribed 0.23 times on the first day of bidding on Thursday, as the issue remained undersubscribed across categories.The QIB (qualified institutional buyer) segment was subscribed 0.30 times, the NII (non-institutional investor) component 0.09 times, and the chunk for retail investors was subscribed 0.22 times, according to



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