IPO Details
Bidding Dates
26 Sep '25 - 30 Sep '25
Minimum Investment
₹14,892/ 1 Lot (68 Shares)
Price Range
₹208 to ₹219
Maximum Investment
₹1,93,596/ 13 Lot (884 Shares)
Retail Discount
NA
Issue Size
₹819.15 Cr
Investor category and sub category
Retail Individual Investors (RII) | Non-institutional Investors (NII) | Qualified Institutional Buyers (QIB) |Pace Digitek IPO Important Dates
Important dates with respect to IPO allotment and listing
IPO Opening Date
Sep 26, 25
IPO Closing Date
Sep 30, 25
Basis of Allotment
Oct 01, 25
Initiation of Refunds
Oct 03, 25
IPO Listing Date
Oct 06, 25
Pace Digitek IPO Subscription Details
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
|
Day 1Sep 25, 2025 |
0.18 | 0.19 | 0.17 | 0.16 |
Pace Digitek IPO Details
Pace Digitek IPO is a book-built issue worth ₹819.15 crore. The issue is entirely a fresh issue of 3.74 crore shares, raising the total issue size. The IPO will open for subscription on September 26, 2025, and close on September 30, 2025.
The basis of allotment is expected to be finalised on October 01, 2025, with tentative listing scheduled on BSE and NSE for October 06, 2025. The price band for the Pace Digitek IPO has been fixed between ₹208 to ₹219 per share.
Investors can bid for Pace Digitek IPO with a minimum of 1 lot of 68 shares. For retail investors, the minimum investment required is ₹14,892. For small non-institutional investors (sNII), the lot size stands at 14 lots, equal to 952 shares, amounting to ₹2,08,488. For big non-institutional investors (bNII), the lot size is 68 lots, which translates to 4,624 shares, requiring an investment of ₹10,12,656.
Unistone Capital Pvt Ltd is the book running lead manager (BRLM) and MUFG Intime India Pvt Ltd is the registrar of the issue. Detailed information is available in the Pace Digitek IPO RHP.
Pace Digitek IPO Objectives
The company will deploy the funds from the public issue towards following:
- Capital Expenditure Requirement 
- General Corporate Purposes
About Pace Digitek Limited
Incorporated in 2007, Pace Digitek Limited is a leading provider of telecom infrastructure solutions, with a strong focus on the development and deployment of telecom towers and optical fibre cable (OFC) networks. Its core operations encompass the manufacturing, installation, and commissioning of telecom infrastructure products, in addition to offering comprehensive turnkey services including tower erection, OFC laying, and ongoing operation and maintenance (O&M) support.
The company derives revenue from 3 key verticals: Telecommunications, Energy, and Information and Communication Technology (ICT).
Over the years, the Company has built a robust operational presence across multiple Indian states, including Maharashtra, Gujarat, Karnataka, Andhra Pradesh, and others. It has also successfully expanded its footprint internationally, with active operations in Myanmar and select regions of Africa.
Originally established as a manufacturer of electrical equipment for the telecom sector, the Company has progressively diversified its portfolio to include products, projects, services, and end-to-end infrastructure solutions. A significant milestone in its growth trajectory was the acquisition of the business of GE Power Electronics India, along with rights to the ‘Lineage Power’ brand in Fiscal 2014.
With a proven track record, expanding global presence, and vertically integrated capabilities, the Company is well-positioned to capitalize on the increasing demand for reliable telecom infrastructure across emerging and developed markets.
Industry Outlook
- The telecommunications sector continues to serve as the backbone of India's digital economy, supporting critical industries such as e-commerce, finance, IT, healthcare, and logistics.
- Wireless services remain the primary mode of connectivity in India, accounting for 97.2% of the total telecom subscriber base as of Fiscal 2024, indicating strong mobile-driven growth.
- India's optical fibre EPC market, valued at ~₹84 billion in Fiscal 2024, is projected to grow at a CAGR of 12.5–13.5% to ₹135–140 billion by Fiscal 2028, driven by 5G expansion, FTTH rollout, and government initiatives like BharatNet and Digital India.
- While solar capacity has grown significantly, policy inconsistencies—such as PPA renegotiations, GST hikes, and import duty changes—have hampered the pace of solar infrastructure development in recent fiscals.
How To Apply for the Pace Digitek IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Pace Digitek IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Pace Digitek IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Pace Digitek IPO
Plot # V 12, Industrial Estate, Kumbalgodu, Bengaluru Mysore Highway, Bengaluru, Karnataka – 560074.
Phone: 080-29547792
E-mail: complianceofficer@pacedigitek.com
Pace Digitek IPO Reservation
|
Investor Category |
Shares |
|
QIB (Qualified Institutional Buyers) |
Not more than 50% of the Net Issue |
|
Retail Individual Investors (RII) |
Not less than 35% of the Net Issue |
|
NII (Non-Institutional Investors) |
Not less than 15% of the Net Issue |
Pace Digitek IPO Lot Size Details
|
Application |
Lots |
Shares |
Amount |
|
Retail (Min) |
1 |
68 |
₹14,892 |
|
Retail (Max) |
13 |
884 |
₹1,93,596 |
|
S-HNI (Min) |
14 |
952 |
₹2,08,488 |
|
S-HNI (Max) |
67 |
4,556 |
₹9,97,764 |
|
B-HNI (Min) |
68 |
4,624 |
₹10,12,656 |
Pace Digitek IPO Promoter Holding
Maddisetty Venugopal Rao, Padma Venugopal Maddisetty, Rajiv Maddisetty and Lahari Maddisett are the promoters of the company.
|
Share Holding Pre-Issue |
84.07% |
|
Share Holding Post Issue  |
69.50% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Pace Digitek IPO
|
KPI |
Value |
|
ROE (%) |
23.09 |
|
ROCE (%) |
37.89 |
|
EBITDA Margin (%) |
20.71 |
Pace Digitek IPO Prospectus
Pace Digitek IPO Registrar and Lead Managers
Pace Digitek IPO Lead Managers
- Unistone Capital Pvt Ltd
Registrar for Pace Digitek IPO
MUFG Intime India Pvt Ltd
- Contact Number: +91 810 811 4949
Email Address: pacedigitek.ipo@in.mpms.mufg.com
Financial Performance of Pace Digitek Limited
| Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 |
|---|---|---|
| Revenue from Operations (in ₹ million) | 24,387.80 | 24,344.89 |
| Profit/loss After Tax (in ₹ million) | 2,791.02 | 2,298.71 |
| PAT Margin (%) | 11.44 | 9.44 |
| EBITDA (in ₹ million) | 5,051.28 | 4,237.45 |
| EBITDA Margin (%) | 20.71 | 17.41 |
| Net Worth (in ₹ million) | 10,803.25 | 4,500.61 |
| Return on Equity (%) | 23.09 | 40.53 |
Know before investing
Strengths
8-
The company offers fully integrated, end-to-end telecom infrastructure solutions—from manufacturing and EPC execution to lifecycle management and O&M services.
-
It is guided by an experienced Board and a technically qualified senior management team, supported by skilled personnel.
-
Operating in a technically complex and R&D-intensive industry, the Company leverages its access to specialized and qualified technical resources.
-
It operates modern manufacturing facilities with high production efficiency, supporting scalable and cost-effective operations.
-
The Company has demonstrated a strong track record of profitable growth, with rising revenue, EBITDA, and PAT over the last three fiscal years.
-
Through its Lineage brand, the Company has entered the battery energy storage systems (BESS) segment, capitalizing on the rising demand for lithium-ion technology.
-
Plans are underway to expand service offerings across existing high-potential regions such as Maharashtra, Gujarat, Karnataka, the North East, and Jammu & Kashmir.
-
The Company is exploring new project verticals, including the supply and installation of solar pumps, aligning with the push for sustainable infrastructure.
Risks
8-
A significant portion of revenue is concentrated among the top 10 customers, contributing over 90% across the last three fiscals, exposing the Company to customer dependency risk.
-
The Company derives a large share of revenue from public sector entities via competitive tenders, where failure to secure bids or price undercutting could impact financial performance.
-
Operations are heavily dependent on the telecom sector; any downturn or policy shift in this segment may adversely affect business performance.
-
Revenue is concentrated in a few key states such as Maharashtra, Karnataka, and Andhra Pradesh, increasing vulnerability to regional disruptions.
-
The Company is significantly reliant on a limited number of vendors for raw material procurement; supply chain disruptions may materially impact operations.
-
The Company has reported negative net cash from operating and investing activities in recent fiscals, which could constrain future expansion and liquidity.
-
Substantial working capital needs, increasing year-on-year, may strain financial flexibility if adequate funding is not secured.
-
Having expanded from product manufacturing to full-service telecom infrastructure solutions, the Company faces execution and integration risks associated with a broader operational scope.
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Pace Digitek Limited Peer Comparison
| Company | Face Value | EPS | P/E Ratio | RoNW |
|---|---|---|---|---|
| Pace Digitek Limited | 2 | 16.30 | [●] | 22.87 |
| HFCL Limited | 1 | 1.23 | 60.07 | 4.35 |
| Exicom Tele-Systems Limited | 10 | -9.11 | NA | -17.93 |
| Bondada Engineering Limited | 2 | 10.33 | 37.76 | 25.05 |
Pace Digitek IPO FAQs
Pace Digitek IPO is a book-built issue IPO. It runs from September 26, 2025, to September 30, 2025.
The Basis of Allotment will happen on Wednesday, October 01, 2025.
The IPO subscription window will open on September 26, 2025.
The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 68 shares.
The listing date for Pace Digitek IPO is Monday, October 06, 2025.
The issue size of the Pace Digitek IPO is ₹819.15 crore.
The open and close dates for Pace Digitek IPO are from September 26, 2025, to September 30, 2025.
Listing gains cannot be ascertained before the listing of the IPO on the stock exchange.
You will receive a notification once your order is successfully placed with the exchange after the bidding starts.
MUFG Intime India Pvt Ltd is the registrar responsible for managing the IPO allotment process and handling investor queries.
The Pace Digitek IPO is proposed to be listed on the BSE and NSE.
- Multiple Submissions: Use different Demat accounts to make multiple applications.
- Higher Price Band Bidding: Opt for bidding at the cut-off price or higher price band.
- Timely Subscription: Ensure you subscribe to the IPO within the specified time frame.
You must complete the payment process by logging in to your UPI handle and approving the payment mandate.
You can submit only one application using your PAN card.
To read Pace Digitek Limited’s financial statements, download the IPO’s RHP document.
Pre-apply allows investors to apply for the Pace Digitek IPO two days before the subscription period opens, ensuring an early submission of your application.
Your order will be placed when the IPO opens for bidding, and a UPI request will follow within 24 hours.
