Mumbai, Sept. 29 -- The initial public offer of Pace Digitek received bids for 1,50,49,352 shares as against 2,76,06,555 shares on offer, according to stock exchange data at 17:00 IST on Monday (29 September 2025). The issue was subscribed 0.55 times.

The issue opened for bidding on 26 September 2025 and it will close on 30 September 2025. The price band of the IPO is fixed between Rs 208 and 219 per share. An investor can bid for a minimum of 68 equity shares and in multiples thereof.

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 Energies Private Limited to set up battery energy storage...