Pace Digitek IPO
GMP, Subscription, Price, Dates & Financial Details
Telecom-infrastructure
Incorporated in 2007, Pace Digitek Limited is a multi-disciplinary solutions provider with a strong focus on telecom passive infrastructure, renewable energy, and ICT (Information, Communication & Technology) services. The company delivers a wide range of end-to-end solutions spanning product…
Open Date
Fri, 26 Sep 2025
Close Date
Tue, 30 Sep 2025
Price Band
₹ 208 – 219
Lot Size
68
Issue Size
₹ 819.15 Cr
Minimum Investment
₹ 14,892 (68 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Pace Digitek IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹819.15 Crore, comprising a fresh issue of 3.74 Crore equity shares aggregating to ₹819.15 Crore.
The Pace Digitek IPO remained open for subscription from September 26, 2025, to September 30, 2025. The basis of allotment was finalized on October 01, 2025, and the company's shares were listed on the NSE and BSE on October 06, 2025.
The company had fixed the price band at ₹208 to ₹219 per share, with a lot size of 68 shares. Retail investors were required to make a minimum investment of ₹14,892 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 100,503 equity shares for eligible employees, who received a discount of ₹20 per share.
MUFG Intime India Private Limited served as the registrar to the issue. Unistone Capital Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Pace Digitek Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Pace Digitek IPO Timeline (Tentative)
- IPO Open Date
- Fri, 26 Sep 25
- IPO Close Date
- Tue, 30 Sep 25
- Basis of Allotment
- Wed, 01 Oct 25
- Initiation of Refunds
- Fri, 03 Oct 25
- Credit of Shares to Demat
- Fri, 03 Oct 25
- Listing Date
- Mon, 06 Oct 25 — NSE & BSE
Open Date
26 September 2025
Close Date
30 September 2025
Basis Of Allotment
01 October 2025
Listing Date
06 October 2025
IPO Subscription
Check Live Subscription →The Pace Digitek IPO has received bids for 4,40,05,316 shares against 2,76,06,555 shares offered, resulting in an overall subscription of 1.59x. the NII category is subscribed 2.9x, Retail Investors 1.03x, Employees 1.73x, and QIBs 1.6x. Within the NII category, BNII is subscribed 3.09x, while SNII is subscribed 2.53x.
QIB
1.6x
NII
2.9x
BNII
3.09x
SNII
2.53x
RII
1.03x
EMP
1.73x
Total
1.59x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,30,56,231 shares, representing 34.91% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 1,86,51,758 shares (49.87%), while Non-Institutional Investors (NIIs) receive 55,95,527 shares (14.96%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 18,651,758 | 49.87% |
| Non-Institutional | 5,595,527 | 14.96% |
| Retail Investors | 13,056,231 | 34.91% |
| Employees | 100,503 | 0.27% |
| Total | 37,404,019 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 2648.96 | 2253.87 | 840.15 |
| Revenue | 2462.2 | 2460.27 | 514.66 |
| Profit After Tax | 279.1 | 229.87 | 16.53 |
| Net Worth | 1080.33 | 450.06 | 228.79 |
| Reserve & Surplus | 1134.21 | 534.58 | 313.31 |
| Total Borrowings | 160.7 | 493.19 | 192.11 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Pace Digitek Limited KPI Information
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 23.09 | 40.53 | 4.93 |
| ROCE % | 37.89 | 40.85 | 6.99 |
| Debt / Equity | 0.13 | 0.87 | 0.57 |
| RoNW % | 22.87 | 40.67 | 4.49 |
| Pat Margin % | 11.44 | 9.44 | 3.29 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Pace Digitek Limited | 2 | 0.00 | 16.30 | 16.30 | 22.87 | 71.24 |
| HFCL Limited | 1 | 60.07 | 1.23 | 1.23 | 4.35 | 28.28 |
| Exicom Tele-Systems Ltd | 10 | 0.00 | -9.11 | -9.11 | -17.93 | 64.35 |
| Bondada Engineering Ltd | 2 | 37.76 | 10.33 | 10.28 | 25.05 | 41.24 |
About Pace Digitek Limited
Incorporated in 2007, Pace Digitek Limited is a multi-disciplinary solutions provider with a strong focus on telecom passive infrastructure, renewable energy, and ICT (Information, Communication & Technology) services. The company delivers a wide range of end-to-end solutions spanning product manufacturing, turnkey project execution, operations & maintenance (O&M), and digital transformation initiatives.
With operations across India, as well as a growing international footprint in Myanmar and Africa, Pace Digitek continues to scale its offerings and project execution capabilities.
Business Verticals
1. Telecom Infrastructure
- Product Manufacturing: Passive telecom equipment.
- Services:
- O&M for telecom towers
- Annual maintenance of optical fiber cable (OFC) networks
- Turnkey Projects:
- Erection of telecom towers
- Development of OFC networks
2. Energy Solutions
- Solar Projects:
- Implementation under a Build-Own-Operate (BOO) model
- Solarization of telecom towers, including supply and installation of:
- Solar modules
- Lithium-ion battery systems
- Related passive components
- Rural Electrification:
- Executed under an EPC (Engineering, Procurement, and Construction) model
- Battery Manufacturing:
- In-house production of lithium-ion battery systems for energy storage
3. Information, Communication & Technology (ICT)
- Smart Solutions:
- Surveillance systems
- Smart classrooms
- Smart agricultural kiosks
Key Subsidiary: Lineage Power Pvt. Ltd.
Through Lineage Power Pvt. Ltd., the company manufactures key telecom infrastructure components, including:
- Switch-Mode Power Supply (SMPS)
- Hybrid DC Power Systems
- Solar Charge Control Units
Manufacturing Capabilities
- Facilities: 3 manufacturing units located in Bengaluru, Karnataka
- Total Area: 200,000 sq. ft.
- Products: Telecom equipment and lithium-ion batteries
- As of July 31, 2025: 1,513 permanent employees
- As of February 28, 2025: 1,296 permanent employees
Competitive Strengths
- Comprehensive, end-to-end solutions across core verticals
- Diversified business model with strong public sector focus
- Experienced leadership and skilled workforce
- Advanced manufacturing infrastructure enabling efficiency and scalability
- Consistent track record of profitable growth and operational excellence
Pace Digitek IPO Promoters
- Maddisetty Venugopal Rao
- Padma Venugopal Maddisetty
- Rajiv Maddisetty
- Lahari Maddisetty
Promoters Holding
Holding Pre Issue
84.07%
Holding Post Issue
69.50%
Pace Digitek IPO Objective
The Company Pace Digitek IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure requirement for investment in our Subsidiary, Pace Renewable Energies Private Limited, for setting up battery energy storage systems (BESS) for a project awarded by the Maharashtra State Electricity Distribution Company Limited (MSEDCL)
- General corporate purposes
Pace Digitek Limited Address / Contact Details
Pace Digitek Limited
Plot # V 12, Industrial Estate,
Kumbalgodu, Bengaluru Mysore Highway,
Bengaluru, Karnataka – 560074
Phone: 080-29547792
Email: complianceofficer@pacedigitek.com
IPO Snapshot
Pace Digitek IPO Lot Size
The Pace Digitek IPO has a lot size of 68 shares. Retail investors require a minimum investment of ₹14,892 by applying for 1 lot (68 shares). The maximum application allowed for the retail category is 13 lots (884 shares), requiring an investment of ₹1,93,596.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 68 | 14,892.00 |
| Retail (Max) | 13 | 884 | 193,596.00 |
| S-HNI (Min) | 14 | 952 | 208,488.00 |
| S-HNI (Max) | 67 | 4,556 | 997,764.00 |
| B-HNI (Min) | 68 | 4,624 | 1,012,656.00 |
Issue Reservation
- QIB — 49.87%
- NII — 14.96%
- RII — 34.91%
- EMP — 0.27%
Book Running Lead Managers
- Unistone Capital Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Pace Digitek IPO?
Pace Digitek IPO is a Book-building IPO with a total issue size of ₹819.15 crore. The Pace Digitek IPO price band is ₹208 to 219 per share. The Pace Digitek IPO subscription opens on Fri, Sep 26, 2025, and closes on Tue, Sep 30, 2025. The Pace Digitek IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Pace Digitek IPO.
When will the Pace Digitek IPO open for subscription?
The Pace Digitek IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025
What is Pace Digitek IPO Price Band?
Pace Digitek IPO Price Band is ₹208 to 219 per share.
What is Pace Digitek IPO Lot Size?
Pace Digitek IPO lot size is 68 shares, Retail investors need a minimum investment of ₹14892 based on the upper price band
What is the minimum investment for Pace Digitek IPO?
The minimum investment for Pace Digitek IPO is ₹14892, based on one lot of 68 shares at the upper price band of ₹219 per share.
How to apply for Pace Digitek IPO?
Investors can apply for the Pace Digitek IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 30, 2025. The application amount remains blocked until the Pace Digitek IPO allotment is finalized.
What is Pace Digitek IPO Issue Size?
Pace Digitek IPO issue size is ₹819.15 crores.
What is the Pace Digitek IPO Allotment Date?
Pace Digitek IPO allotment date is Wed, Oct 1, 2025.
Who is the Pace Digitek IPO Registrar?
The registrar for Pace Digitek IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Pace Digitek IPO allotment status, refund processing, and other IPO-related information.
What is the Pace Digitek IPO GMP?
The Pace Digitek IPO GMP (Grey Market Premium) is ₹12 as of Mon, Oct 6, 2025. Based on the upper price band of ₹219 per share, the estimated Pace Digitek IPO listing price is ₹231, indicating a potential listing gain of approximately 5.48% over the issue price.
Who is the Pace Digitek IPO Lead Manager?
The book-running lead managers (BRLMs) for the Pace Digitek IPO are Unistone Capital Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Pace Digitek IPO Red Herring Prospectus (RHP).