Overview

• Pace Digitek’s fully fresh Rs 819 crore offer drew bids for 4.40 crore shares against 2.76 crore on offer, according to NSE data for the final day.
• The investor mix showed stronger take‑up from non‑institutional investors at 2.90 times, with QIBs at 1.60 times and retail at 1.03 times.
• Share allotment is expected to be finalised today, with the stock slated to list on NSE and BSE in early October per the timetable.
• Recent grey‑market quotes eased to as low as Re 1 after earlier readings between Rs 12 and Rs 18 during bidding, which are informal signals rather than official pricing.
• Proceeds include about Rs 630 crore earmarked for a battery energy storage project tied to MSEDCL, following Rs 245 crore raised from anchor investors including Societe Generale, Bandhan MF and SBI General Insurance.