Pace Digitek IPO subscribed 16% on day 1
New Delhi: The initial public offer of telecom infrastructure solutions provider Pace Digitek Ltd got subscribed 16% on the first day of share sale on Friday.
The IPO received bids for 44,66,240 shares against 2,76,06,555 shares on offer, as per NSE data.
The quota for Retail Individual Investors (RIIs) received 18% subscription, while the portion for Qualified Institutional Buyers (QIBs) got subscribed 17%. Non-Institutional Investors category received 9% subscription.
