On October 6, 2025, Pace Digitek, a diversified technology and IT solutions provider, marked a modest debut on the Indian stock exchanges. This follows the successful launch of its initial public offering (IPO), through which it raised ₹819.15 crore.
Pace Digitek shares were listed at ₹226.85 apiece on the BSE, marking a 3.58% premium over the issue price of ₹219. Meanwhile, on NSE, the stock opened at ₹225, reflecting a 2.74% premium from the IPO price.
Pace Digitek IPO was entirely of a fresh issue totaling 3.74 crore equity shares. The shares were offered in a price band of ₹208 to ₹219 per share, with investors able to bid in lots of 68 shares. The subscription window was open from September 26 to September 30. The offering saw reasonable interest, being oversubscribed 1.59 times. The final allotment was concluded on October 1, with the price fixed at the upper end of the band, ₹219 per share.
Pace Digitek plans to deploy the IPO proceeds towards capital expenditure needs and general corporate purposes, as part of its long-term growth strategy.
Also Read: NSE Reduces Lot Sizes in Nifty and Bank Nifty Derivatives
Pace Digitek Ltd (PDTL) is a technology-centric enterprise that delivers a broad range of IT and digital solutions. Its core offerings span software development, digital transformation services, IT infrastructure management, cloud computing, and managed services.
The company caters to a diverse client base across key sectors, including banking, telecommunications, manufacturing, and government, helping them modernise operations through cutting-edge technologies.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 6, 2025, 10:49 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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