Pace Digitek Limited IPO
Pace Digitek Limited IPO
Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹208 - ₹219

Total Issue

₹819 Cr

Bid Dates

26 Sep - 30 Sep

Subscription

1.68x

Listing Price

₹226.85 (3.58%)

Website RHP Check Allotment

Valuation

Market Cap

₹4,727.03 Cr

P/E Ratio

13.44x

P/B Ratio

3.07x

Pace Digitek IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Pace Digitek is a leading telecom infrastructure solutions provider with a strong presence in telecom tower infrastructure and optical fibre cables. Its offerings include manufacturing, installation, commissioning, and turnkey services such as site operation and maintenance, tower erection, and fibre cable laying. Revenue is derived from three verticals—telecommunications, energy, and ICT. In the energy space, the company delivers solar and battery storage solutions covering product manufacturing, installation, commissioning, and O&M. With established operations across key Indian states including Maharashtra, Gujarat, Karnataka, and the Northeast, as well as an international footprint in Myanmar and Africa, the business is supported by six subsidiaries.

Pace Digitek IPO Lot Size

Lot Information for Pace Digitek IPO
Category 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
Allocate Funds

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
Rs. 2 Cr
Shareholder
₹0.00

Pace Digitek IPO Size

Total ₹819.15 Cr
Fresh Issue
₹819 Cr (3.74 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of Issue

  1. Funding capital expenditure requirement for investment in Subsidiary, Pace Renewable Energies Private Limited, for setting up battery energy storage systems (BESS) for a project awarded by the MSEDCL
  2. General corporate purposes

Pace Digitek IPO IPO Live Subscription

Updated as on 30-Sep-2025 19:00:00

Pace Digitek IPO IPO Subscription Status (Mainboard)
Category Sub (x) Offered Bids
QIB 1.69 74,62,540 1,25,81,156
NII 3.06 55,96,904 1,71,09,004
bHNI 3.25 37,31,269 1,21,41,332
sHNI 2.66 18,65,635 49,67,672
Retail 1.08 1,30,59,443 1,41,31,148
Employee 1.83 1,00,503 1,84,008
Total 1.68 2,62,19,390 4,40,05,316

Pace Digitek IPO IPO Details Live GMP

GMP ₹12
Est. Price ₹231
Est. Gain 5.48%

Pace Digitek IPO Peer Comparison

(Rs. in crores)

Pace Digitek IPO Peer Comparison Table
Particulars Pace Digitek HFCL Exicom Tele Bondada Engineering
Revenue from Ops (in Crs.) 2,438.78 4,064.52 867.61 1,571.38
PAT (In Crs.) 279.10 173.26 -110.03 115.37
EPS - Basic 16.30 1.23 -9.11 10.33
NAV per share 71.24 28.28 64.35 41.24
RONW 22.87% 4.35% -17.93% 25.05%
EBITDA 20.71% 12.48% -0.71% 11.67%
PAT Margin 11.44% 4.26% -12.68% 7.34%
Price to earning (PE) 13.44 60.07 NA 37.76
Debt to Equity 0.13 0.33 0.74 0.38
  • All information pertains to FY 2024-25.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 15, 2025 for Peers

Pace Digitek IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Pace Digitek IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 2,438.78 2,434.49 503.20
Profit after Tax 279.10 229.87 16.53
Net Worth 1,080.33 450.06 228.79
Total Borrowing 160.70 493.19 192.11
Total Assets 2,648.96 2,253.87 840.15
NAV per share (in ₹) 71.24 35.97 21.22
EPS - Basic (in ₹) 16.30 14.63 0.95

Key Performance Indicators (KPIs)

EBITDA

20.71%

PAT

11.44%

ROE

37.89%

RONW

22.87%

Debt to Equity

0.13

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

84.07%

Public

15.93%

Maddisetty Venugopal Rao 28.04%
Padma Venugopal Maddisetty 28.01%
Rajiv Maddisetty 14.01%
Lahari Maddisetty 14.01%

Management

Maddisetty Venugopal Rao
Chairman & MD
Padma Venugopal Maddisetty
WTD
P Rajavendhan
Chief Financial Officer

Registrar & Lead Managers

Registrar

MUFG Intime India

Lead Managers (1)

Unistone Capital

Company Details

Name: Pace Digitek Limited

Address: Plot V12, Industrial Estate,
Kumbalgodu, Bengaluru
Mysore Highway, Bengaluru,
Karnataka – 560074

Number: 080-29547792

Email: complianceofficer@pacedigitek.com

Website: www.pacedigitek.com

Frequently Asked Questions (FAQs)

What is Pace Digitek IPO?
Pace Digitek IPO is a Mainboard IPO having an issue size of ₹819 Crs. Pace Digitek IPO is priced at ₹208 - ₹219 per share. The issue opens on 26 Sep 25 and closes on 30 Sep 25.
When will Pace Digitek IPO open?
Pace Digitek IPO opens on 26 Sep 25 and closes on 30 Sep 25.
What is the GMP of Pace Digitek IPO?
The estimated Grey Market Premium of Pace Digitek IPO is ₹12 per share (5.48%).
What is the lot size of Pace Digitek IPO?
The minimum lot size of Pace Digitek IPO is 68 shares & the minimum application amount is Rs. 14892.
When is the allotment of Pace Digitek IPO?
The allotment date of Pace Digitek IPO is 01 Oct 25.
What is the listing date of Pace Digitek IPO?
The listing date of Pace Digitek IPO is 06 Oct 25.
What is the subscription of Pace Digitek IPO?
Pace Digitek IPO is subscribed 1.59 times.
What is the price band of Pace Digitek IPO?
Pace Digitek IPO is priced at ₹208 - ₹219 per share.
How to check allotment status of Pace Digitek IPO?
Click the allotment link on Pace Digitek IPO page of IPO360.
How to apply Pace Digitek IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Pace Digitek IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Pace Digitek IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Pace Digitek IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date