New Delhi: Shares of telecom infrastructure solutions provider Pace Digitek Ltd on Monday listed with a premium of nearly 4 per cent against the issue price of Rs 219.

The stock started trading at Rs 226.85, up 3.58 per cent from the issue price on the BSE.

At the NSE, the stock made its debut at Rs 225, a premium of 2.73 per cent.

The company's market valuation stood at Rs 4,679.66 crore.

The initial public offer of Pace Digitek Ltd garnered 1.59 times subscription on the final day of bidding on Tuesday last week.

The issue had a price band of Rs 208-219 per share.

The Bengaluru-based company's IPO was a completely fresh issue of shares worth Rs 819.15 crore.

Proceeds from the public issue, amounting to Rs 630 crore, will be used to fund capital expenditure requirements, and a port

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