New Delhi, Oct. 18 -- The four IPOs that opened for subscription this week recorded mixed responses on the second day of bidding on Friday, 16 October, with Tonbo Imaging India attracting strong demand, while Zetwerk Manufacturing Business saw a relatively muted response. Bonfiglioli Transmissions and Sahajanand Medical Technologies also witnessed varying subscription levels across investor categories.

Tonbo Imaging India's IPO was subscribed 7.77 times on the second day, driven by strong demand from non-institutional investors (NIIs), whose portion was subscribed 14.35 times. The retail investor portion was subscribed 7.12 times, while qualified institutional buyers (QIBs) subscribed 3.95 times their allotted quota.

Bonfiglioli Transmi...