Pace Digitek Ltd has opened its Initial Public Offering (IPO) today on September 26, 2025. The bidding window for Pace Digitek IPO will be open till September 30, 2025. The allotment process for the IPO is expected to be finalised on October 1, 2025 and the company’s share will be listed on both NSE and BSE. The tentative listing date for Pace Digitek IPO is fixed as October 6, 2025.

Pace Digitek IPO Day 1 Subscription Status

[September 26, 2025, 02:14 PM]

On Day 1, the Pace Digitek IPO saw a subscription of 0.10 times, according to NSE data. The IPO was subscribed 0.13 times in the Retail Individual Investors (RII) category, 0.06 times in the Non-Institutional Investors (NII) category, 0.28 times in the Employees category and 0.09 times in the Qualified Institutional Buyers (QIBs) category.

Pace Digitek Ltd - IPO Details

Pace Digitek IPO will be a bookbuilding of ₹819.15 crores. The issue is entirely a fresh issue of 3.74 crore shares. The issue price band is set at ₹208 to ₹219 per share. The minimum lot size for an application is 68 and the minimum amount required for a retail investor is ₹14,144 (68 shares).

Unistone Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

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Utilisation of Proceeds

The Company will utilise the net proceeds from the issue for the following purposes:

Funding the Capital Expenditure requirement.
General corporate purposes.

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Pace Digitek Ltd - GMP Details

According to Business Standard, the Grey Market Potential (GMP) of Pace Digitek stood at ₹32 as of September 26, 2025, 09:07 am. The estimated listing price is expected to be ₹251 based on the upper price band of ₹219. The expected percentage gain per share is 14.6%.

Source: Business Standard Media Report dated September 26, 2025

Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.

About Pace Digitek Ltd

Pace Digitek Ltd is a Bengaluru-based integrated telecom power and infrastructure solutions company, founded in 2007. It operates across three verticals — Telecom (passive infrastructure, tower erection, optical fibre networks, O&M), Energy (solar, rural electrification, battery energy storage systems – BESS), and ICT (smart classrooms, surveillance etc.).

The company also owns and uses the “Lineage Power” brand through its acquisition of GE Power Electronics India in 2014. It has pan-India operations plus presence in Myanmar and Africa. In FY25, Pace Digitek reported revenue of ₹2,438.8 crore and profit after tax rose 21.4% to ₹279.1 crore.

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