StartupsInc42about 2 hours ago
Zetwerk IPO Subscribes 8% on Day 1
2 min read
B2B manufacturing firm Zetwerk received only 8% subscription on the first day of its IPO. Investors bid for 1.50 Cr shares against 18.51 Cr on offer. Qualified institutional buyers subscribed 8% of their 9.89 Cr quota, while retail investors reached 15%. The company closes the issue on October 19 with a price band of ₹143-₹151 per share.
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