Mumbai, Oct. 1 -- The initial public offer of Pace Digitek received bids for 4,40,05,316 shares as against 2,76,06,555 shares on offer. The issue was subscribed 1.59 times.

The Non-Institutional Investors category was subscribed 2.90 times, the Qualified Institutional Buyers (QIB) category was subscribed 1.60 times and the Retail Individual Investors category was subscribed 1.03 times.

The issue opened for bidding on 26 September 2025 and it closed on 30 September 2025. The price band of the IPO is fixed between Rs 208 and 219 per share.

The IPO consists of a fresh issue of Rs 819.15 crore. Out of the proceeds from the fresh issue, Rs 630 crore will be directed towards capital expenditure for investment in subsidiary Pace Renewable Ene...