India, Oct. 16 -- Update | October 16, 2026 18:30 IST

B2B manufacturing company Zetwerk's Rs.5,012.3 Cr IPO was subscribed 31% at the end of the second day of bidding today. Investors placed bids for 5.75 Cr shares against 18.51 Cr shares on offer as of 17:00 IST, according to BSE data.

Non-institutional investors (NIIs) subscribed to 16% of their quota, bidding for 83.66 Lakh shares against 5.12 Cr shares reserved for them.

Qualified institutional buyers (QIBs) subscribed to 37% of their allocation, placing bids for 3.66 Cr shares against 9.89 Cr shares earmarked for them.

The retail portion was subscribed 36%, receiving bids for 1.21 Cr shares against an allocation of 3.41 Cr shares.

Meanwhile, the employee portion was subscribed 4...