Pace Digitek IPO Sees Limited Demand, Subscribed 0.58x by Day 2

Pace Digitek Limited's initial public offering (IPO) has demonstrated limited investor interest through its second day of subscription, with Pace Digitek's stock price set at ₹208-219 per share, reflecting cautious market reception. The ₹819.15 crore IPO reached 0.58 times by 5:02:47 PM on day two.

Pace Digitek IPO employees segment leads with a moderate 1.15 times subscription, whilst non-institutional buyers show limited participation at 0.82 times, retail investors show limited interest at 0.66 times, and qualified institutional buyers (ex-anchor) demonstrate minimal participation at 0.24 times, whilst anchor investors show complete participation at 1.00 times.

IPO Subscription Status

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Here are the subscription details for Pace Digitek IPO as of Day 2 (September 29, 2025, 5:02:47 PM):

Key Highlights - Day 2

• Overall subscription reached a limited 0.58 times, showing substantial improvement from day one's 0.17 times.
• Non-institutional investors showed limited performance at 0.82 times, building substantially from day one's 0.10 times.
• Retail investors displayed limited confidence at 0.66 times, building substantially from day one's 0.19 times.
• Qualified institutional buyers (ex-anchor) showing minimal performance at 0.24 times, building marginally from day one's 0.18 times.
• Total applications reached 1,10,744, indicating reasonable investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹330.87 crores, falling short of the issue size of ₹819.15 crores.

Pace Digitek IPO - Day 1 Subscription at 0.17 Times

• Overall subscription reached a limited 0.17 times, showing cautious initial investor interest.
• Employees are showing limited performance at 0.37 times, indicating a modest internal appetite.
• Retail investors are displaying limited confidence at 0.19 times, showing weak retail sentiment.
• Qualified institutional buyers are showing minimal performance at 0.18 times, indicating weak institutional appetite.
• Non-institutional investors are showing minimal performance at 0.10 times, indicating a very weak HNI appetite.

About Pace Digitek Limited

Pace Digitek Limited is a multi-disciplinary solutions provider focused on telecom infrastructure, offering product manufacturing of passive telecom equipment, O&M services, turnkey projects, solar energy solutions, lithium-ion battery systems, and ICT solutions, operating two manufacturing facilities in Bengaluru with 1,513 employees as of July 2025.