Pace Digitek IPO is a book build issue of Rs 819.15 crore. (Photo source: Company website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Pace Digitek Ltd. has raised Rs 245.14 crore from anchor investors on Thursday, ahead of its initial public offering. The company allotted 1.12 crore shares at Rs 219 apiece to 16 anchor investors.

Compact Structure got the highest allocation of 15.09%. Bandhan Small Cap Fund got the second highest allotment of 12.24% and SBI General Insurance Co., Saint Capital Fund and Necta Bloom VCC- Necta Bloom got 10.20% stake each in the company.

Two domestic mutual funds have applied through three schemes, the telecom infrastructure solution provider said in an exchange filing on Thursday. They have collectively netted 16.32% of the anchor por

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