Pace Digitek IPO Day 3: Check GMP, subscription status, and key highlights. Is it worth investing?

Pace Digitek, a provider of integrated telecom and energy solutions, has entered the third day of its IPO bidding process. As of Day 2, the issue remains mildly subscribed, with only 55% of the target reached. In the grey market, the IPO is currently commanding a premium of 5.5% over the issue price of ₹219 — unchanged from Day 2 but notably lower than the earlier 14% premium.

The allotment is expected on October 1, with listing scheduled for October 6. Through this public offering, the company aims to raise ₹819 crore by issuing up to 3.94 crore fresh equity shares.