The IPO market has another entrant today. It is the Bengaluru-based Pace Digitek. This issue will open today but the grey market premium (GMP) is already suggesting a 12% premium. The big question is – should you pay attention to this telecom infrastructure play?

Let’s take a look at the key details of this IPO –

Pace Digitek IPO: Subscription window opens today

The issue opens today, September 26, and will close its three-day bidding window on September 30. After this, the allotment is expected on October 1, while the shares are set to debut on the NSE , BSE by October 3.

Pace Digitek IPO: Grey market trend

Pace Digitek IPO’s GMP is around Rs 27 per share, which suggests a listing price of nearly Rs 246. This translates to a 12.3% premium over the upper price band.

However, it

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