Overview

• The company allotted 1.12 crore shares at Rs 219 each to 16 anchor investors, mobilising Rs 245.14 crore, with participants including Bandhan Mutual Fund, SBI General Insurance and Taurus.
• The Rs 819.15 crore IPO is priced at Rs 208–219 per share and opens Sept. 26 for three days, with allotment slated for Oct. 1 and a tentative listing on Oct. 6 on the BSE and NSE.
• Grey market quotes compiled by InvestorGain indicated a Rs 27 premium on Sept. 25, implying roughly a 12% upside on the upper band, which is an informal and volatile indicator.
• The issue comprises a fresh sale of 3.74 crore shares, with up to 50% reserved for QIBs, at least 35% for retail and at least 15% for non-institutional investors; the minimum lot size is 68 shares.
• Pace Digitek, a telecom power and solar solutions provider with operations in India and select overseas markets, reported FY25 PAT of Rs 279.10 crore (up 21.4% YoY) on nearly flat revenue, and plans to deploy about Rs 630 crore for capex and general corporate purposes.