Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Business
Ritesh Presswala

Zetwerk Manufacturing Business IPO Day 2: GMP at 9%; Check subscription status, and key details

IPO Zetwerk OFS

Zetwerk Manufacturing Business’ initial public offering (IPO) entered its second day of bidding on Friday, October 16, 2026, with the issue witnessing a muted response on the opening day. The IPO’s grey market premium (GMP) stood at 9%, indicating potential listing gains over the upper end of the issue price band based on prevailing unofficial market trends. However, the GMP is only an indicative measure and does not guarantee actual listing performance.

On Day 1, the IPO was subscribed to 23% overall against 18.50 crore shares on offer. The Retail Individual Investors (RIIs) category was subscribed to 22%, compared with 3.41 crore shares reserved for the segment.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Cyndi Lauper defends working with Nicki Minaj despite rapper’s support for Trump
Rapper has become one of the president’s most famous supporters
The Independent UK
The Independent UK
Doctors Were the Butt of 40% of Facebook Doctor Jokes, but the Most-Liked One Skewered a Lawyer
Researchers combed 30,075 Facebook posts for doctor jokes. Physicians were the usual target, but the most-liked punchline hit a lawyer.
Medical Daily
Medical Daily
Fridge or not? What’s the best way to store bread?
Our experts have some airtight advice to stop your loaf from going stale
The Guardian - UK
The Guardian - UK
Not enjoying being a parent? You’re not alone. Here’s how to handle this complicated feeling
We’re often told parenting is one of the most rewarding things we’ll ever do. But as many parents will attest, it is also full of very difficult moments. And sometimes these moments seem almost constant.
The Conversation
The Conversation
A warm, sumptuous tale of two Coppolas
As "Marie Antoinette" turns 20, Eleanor and Sofia Coppola's documentary reveals new resonance
Salon
Salon
Cyndi Lauper on fun, fashion and freedom of expression: ‘We have braces on our brains’
As she auctions off her treasures, the synth-pop savant opens up about her eccentric style and why she doesn’t believe in cancel culture
The Guardian - US
The Guardian - US
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play