Pace Digitek IPO Day 3: Check Subscription Status & Key Highlights

Pace Digitek Ltd has entered its third day of bidding and remains in focus among investors. The issue, which opened on September 26, 2025, will close today, September 30, 2025. The allotment process for the IPO is expected to be finalised on October 1, 2025, and the company’s shares will be listed on both NSE and BSE.  The tentative listing date for the Pace Digitek IPO is set for October 6, 2025.

Pace Digitek IPO Day 3 Subscription Status 

[September 30, 2025, 11:18:00]

On Day 3, the Pace Digitek IPO saw a total subscription of 0.75 times, according to NSE data. The IPO was subscribed 0.78 times in the Retail Individual Investors (RII) category, 1.33 times in the Non-Institutional Investors (NII) category, 1.35 times in the Employees category and 0.27 times in the Qualified Institutional Buyers (QIBs) category.

Pace Digitek Ltd - IPO Details

Pace Digitek IPO is 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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About Pace Digitek Ltd

Pace Digitek Ltd is a Bengaluru-based company that provides integrated telecom power and infrastructure solutions, 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 a 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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