Pace Digitek IPO: The initial public offering (IPO) of Pace Digitek Ltd entered its second day of bidding today, September 29, with the issue subscribed 24 per cent so far, as per provisional exchange data. The Bengaluru-based company aims to raise Rs 819.15 crore through the public offering.

Pace Digitek IPO subscription status:

By noon, investors have bid for 66.11 lakh shares out of the total 2.76 crore shares on offer. It includes subscription from Non-Institutional Investors (NIIs) who bid 0.26 times (15.50 lakh shares out of 58.92 lakh shares reserved) and Retail Individual Investors (RIIs) who bid 0.28 times (38.19 lakh shares out of 1.37 crore shares allotted).

The Qualified Institutional Buyers (QIBs) portion subscribed 0.15 times, translating to 11.96 lakh shares out of 78.57

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