Pace Digitek IPO on 26 Sept

Pace Digitek IPO Details

Pace Digitek IPO is a Book Built Issue of Rs. 819.15 crore, entirely a fresh issue of 3.74 crore shares.

  • IPO Opens: 26 September 2025

  • IPO Closes: 30 September 2025

  • Basis of Allotment: 1 October 2025

  • Listing Date: 6 October 2025 (BSE & NSE)

💰 Price Band: Rs. 208 – Rs. 219 per share
📦 Lot Size: 68 shares

👉 Lead Manager: Unistone Capital Pvt. Ltd.
👉 Registrar: MUFG Intime India Pvt. Ltd.

đź•— Last Update: 26 September 2025, 6.00 AM

 IPO Key Dates

Anchor portion
IPO opens on 26 Sept 2025
IPO Closes on 30 Sept 2025
IPO Allotment on 1 Oct 2025
Unblocking of Asba 3 Oct 2025
Credit of Shares 3 Oct 2025
Listing of Shares 6 Oct 2025

The promoters  
Maddisetty Venugopal Rao, Padma Venugopal Maddisetty, Rajiv Maddisetty and Lahari Maddisetty are the company promoters.

The promoters hold 84.07% shares in the post IPO capital of the company.

Objects of  IPO

The Offer comprises of fresh issue of capital & the objects are

+Funding the working capital requirements of the Company Rs. 630 Crore
+General Corporate Purposes

Business :

Incorporated in 2007, Pace Digitek Limited is a multi-disciplinary solutions provider with a strong focus on telecom infrastructure. Its business spans three verticals – Telecom, Energy, and ICT.

In telecom, it manufactures passive equipment, executes turnkey tower & OFC projects, and provides O&M services. In energy, it undertakes solar projects under the BOO model, solarization of telecom towers, and EPC-based rural electrification, besides manufacturing lithium-ion battery systems. Under ICT, it offers surveillance systems, smart classrooms, and smart kiosks for agriculture.

Through its subsidiary Lineage Power Pvt. Ltd., it supplies power management solutions and hybrid DC systems for telecom towers. The company operates two manufacturing facilities in Bengaluru and, as of July 31, 2025, employs 1,513 permanent staff.

IPO Details

 
IPO opens on  26 September 2025
IPO closes on  30 September 2025 
Issue Type Book Built Issue IPO
Issue Size 374,04,018 Shares /
Rs 819.15 Crore
* Fresh Issue Rs 819.15 Crore
* Offer for Sale  Rs – Crore
   
Face Value per share: Rs. 2
Price Band  Rs. 208-219
Retail Discount  Rs 0 per share
Employee discount  Rs. 20 per share
Retail Lot Size  68 Shares
Listing will at  BSE, NSE

How are the shares offered?

Investor Category Shares Offered
QIB Shares Offered Not less than 50% of the Net Offer
Retail Shares Offered Not more than 35% of the Net Offer
NII Shares Offered Not more than 15% of the Net Offer

How can the shares be applied?

Application Lots Shares Amount
Rs.
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

 

How to check Allotment Status

Allotment of this IPO will be announced on 1 October 2025 and the link to check allotment is given below:
https://linkintime.co.in/Initial_Offer/public-issues.html

Registered Office of the company
Pace Digitek Ltd.
Plot # V 12, Industrial Estate,
Kumbalgodu, Bengaluru Mysore Highway,
Bengaluru, Karnataka – 560074
Bengaluru, Karnataka, 560074

Email: complianceofficer@pacedigitek.com

The Lead Managers 
Unistone Capital Pvt Ltd
Registrar to IPO
Mufg Intime India Pvt ltd

Financial Snapshot

Period Ended 31-Mar-25 31-Mar-24 31-Mar-23
Assets 2,648.96 2,253.87 840.15
Total Income 2,462.20 2,460.27 514.66
Profit After Tax 279.1 229.87 16.53
EBITDA 505.13 423.75 39.75
NET Worth 1,080.33 450.06 228.79
Reserves and Surplus 1,134.21 534.58 313.31
Total Borrowing 160.7 493.19 192.11
Amount in Rs. Crore

 

Key Performance Indicators

KPI Values
ROE 23.09%
ROCE 37.89%
Debt/Equity 0.13
RoNW 22.87%
PAT Margin 11.44%
EBITDA Margin 20.71%
Price to Book Value 3.07
EPS 15.64
PER 14

 

Peer Comparison

Company Name P/E (x) RoNW (%)
Pace Digitek   22.87
HFCL 60.07 4.35
Exicom Tele-Systems   -17.93
Bondada Engineering 37.76 25.05

 

IPO Concise Review by Paresh Gordhandas, CA & Research Analyst

 

Incorporated in 2007, Pace Digitek Limited is a multi-disciplinary solutions provider with core strength in telecom infrastructure, supported by energy and ICT verticals. Its offerings span manufacturing of telecom equipment, turnkey tower & OFC projects, solarization of towers, rural electrification, lithium-ion battery systems, and smart ICT solutions.

Through its subsidiary Lineage Power Pvt. Ltd., it delivers power management and hybrid DC systems for telecom towers. The company operates two Bengaluru plants and employs 1,513 permanent staff.

On the financial front, revenues stood at Rs. 2,462.20 crore in FY25 with a PAT of Rs. 279.10 crore, showing robust growth from just Rs. 16.53 crore PAT in FY23. Margins remain healthy at EBITDA 20.71% and PAT 11.44%, supported by low leverage (Debt/Equity 0.13).

With EPS of Rs. 15.64, P/E ~14x, and ROE 23.09%, valuations appear attractive compared to peers, making it a strong contender among upcoming IPOs.

Pace Digitek IPO dates

Pace Digitek IPO price & Lot

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