Neutral impactIPO
Zetwerk IPO subscribed 25% so far on Day 2; check latest GMP
Moneycontrol.com 1 hr ago·16 Oct 2026, 6:01 am
Zetwerk's initial public offering (IPO) has attracted subscription of 25% on the second day of bidding. The issue, which closes on February 10, has seen mixed interest from different investor categories. Retail investors have shown strong support, while Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs) have subscribed to a smaller portion of the offer.
This mixed response suggests that while the company's business model is viewed positively, the valuation is being scrutinized. The subscription status indicates that the IPO is not yet fully subscribed across all categories. For investors, the current trend highlights a divergence in interest between different investor groups. The focus now shifts to the final subscription figures and the grey market premium (GMP), which will provide further clarity on the stock's likely listing price.
Excerpt from Moneycontrol.com
The Rs 5,012 crore IPO price band is set at Rs 143-151. Company posted a net loss of Rs 732.9 crore in Q1 FY26. in your portfolio by Vishal Malkan The initial public offering (IPO) of Zetwerk Manufacturing Business saw subdued demand on the second day of bidding, with the issue receiving 25 percent subscription by…Read the original at Moneycontrol.com
Key takeaways
- Category: IPO.
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