Zetwerk IPO Draws Tepid Demand on Day 1, Subscribed 23% as Investors Stay Cautious
B2B manufacturing platform Zetwerk’s initial public offering got off to a subdued start on the first day of bidding, with the issue subscribed 23% by 19:03 on October 10. The muted response underscores investor caution toward new-age industrial tech listings, even as the company seeks to position itself as a scaled manufacturing enabler in India’s expanding supply-chain ecosystem.
