Telecom Infrastructure Solutions Provider Stock-Pace Digitek Ltd Gets Listed on Dalal Street Above IPO Price

DSIJ Intelligence-1 / 06 Oct 2025/ Categories: IPO, Mindshare, Trending

Telecom Infrastructure Solutions Provider Stock-Pace Digitek Ltd Gets Listed on Dalal Street Above IPO Price

The Initial Public Offering (IPO) of Pace Digitek, valued at Rs 819.15 crore, consisted entirely of a fresh issue of 3.74 crore equity shares sold in a price band of Rs 208 to Rs 219 per share.

On Monday, the Indian benchmark indices were trading in green with the BSE Sensex Index up 0.25 per cent and the NSE Nifty-50 Index up 0.24 per cent. Along with the market in green, one stock that is into Telecom Infrastructure Solutions gets listed on Dalal Street above the IPO price of Rs 219 per share. On BSE, the stock is listed at 226.85 per share and on NSE, the stock is listed at 225 per share.

The stock name is Pace Digitek Ltd

Pace Digitek Ltd. is a multi-disciplinary solutions provider with a primary focus on the telecom infrastructure industry. The company offers a diversified presence across telecom towers, optical fibre cables, and energy management solutions. Its comprehensive offerings span manufacturing, installation, commissioning, and turnkey operations & maintenance, establishing an integrated presence across the entire telecom value chain. Furthermore, Pace Digitek emphasises digital consulting, product engineering, enterprise mobility, and cybersecurity solutions, positioning itself as a growing player in India's digital technology and IT services sector by also exploring emerging technologies such as AI, IoT, and data analytics.

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The Initial Public Offering (IPO) of Pace Digitek, valued at Rs 819.15 crore, consisted entirely of a fresh issue of 3.74 crore equity shares sold in a price band of Rs 208 to Rs 219 per share. The book-building issue received muted overall demand, with a total subscription of 1.59 times. The Qualified Institutional Buyers (QIB) category was booked 1.60 times, the Non-Institutional Investors (NII) segment saw 2.90 times subscription, while the Retail investors category was subscribed 1.03 times. Analysts had predicted a modest listing premium ahead of the share debut.

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Pace Digitek shares are set to list in the Indian stock market today, Monday, October 6, 2025, on both the BSE and NSE stock exchanges. The company is currently valued at a P/E of 13x based on FY25 earnings at the upper end of the price band, which is considered cheaper compared to its peers. The issue was managed by Unistone Capital Pvt Ltd as the book-running lead manager, with MUFG Intime India Pvt Ltd serving as the registrar.