Pace Digitek IPO Sees Modest Debut On NSE, BSE, Shares List With Over 3% Premium

Pace Digitek's shares saw a modest debut on the Dalal Street on October 6, 2025, listing at a premium of around 3 per cent over its issue price. The stock opened at Rs 225 apiece on the NSE with a gain of Rs 6 or 2.74 per cent, and on the BSE, it listed at Rs 226.85 apiece, up by Rs 7.85 or 3.58 per cent from issue price.

Pace Digitek had set a price band of Rs 208–219 per share for its initial public offering (IPO) and eventually issued the shares at the upper end of the range, Rs 219.

Ahead of the listing, Pace Digitek’s shares were trading at a premium of Rs 12 over Rs 219 issue price, representing a premium, or GMP, of 5.48 per cent, according to websites that track grey market activities.

Pace Digitek IPO Subscription Details

Pace Digitek IPO was overall subscribed by 1.59 times the shares on offer by the final day of the subscription, which was open from September 26 to 30.

The qualified institutional buyer (QIB) quota saw 1.60 times subscription, the non-institutional investor (NII) quota was booked 2.90 times, and the retail investor portion was booked 1.03 times.

The shares reserved for the employees of the company subscribed the IPO 1.73 times their quota. Employees were provided a discount of Rs 20 to the issue price.

Mutual Fund Investment In Pace Digitek

Ahead of the opening of its three-day bidding window, which was open from September 26 to September 30, Pace Digitek raised Rs 245.14 crore from 16 institutional funds during the anchor round. Of these, three were domestic mutual fund schemes, which invested a cumulative Rs 40 crore, or 16.32 per cent of the total shares allocated to anchor investors.

These schemes included Bandhan Small Cap Fund, acquiring the bulk Rs 30 crore, and Taurus Mid Cap Fund and Taurus ELSS Tax Saver Fund, buying shares worth Rs 6 crore and 4 crore, respectively.

Pace Digitek Company Profile

Pace Digitek Ltd, set up in 2007, works mainly in telecom infrastructure and related services. The company operates across three areas. These include telecom, energy, and information, communication and technology (ICT).

In telecom, the company manufactures passive telecom equipment, handles tower and optical fibre cable (OFC) maintenance, and executes turnkey projects for the erection of telecom towers and and development of OFC networks.

In energy, it runs solar projects on a build-own-operate basis, solarises telecom towers, carries out rural electrification projects, and makes lithium-ion battery systems.

In the ICT segment, it offers surveillance systems, smart classrooms and smart kiosks for agricultural applications.

The company has two manufacturing plants in Bengaluru for telecom infrastructure equipment and lithium-ion batteries.