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.
Price Band₹208 - ₹219 |
Dates26 Sep - 30 Sep |
GMP₹12 (5.48%) |
Subscriptions1.59 times |
Issue Size₹819.15 Crs |
Pace Digitek IPO Objects
- 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
- General corporate purposes
Pace Digitek IPO Details
Price Band₹208 - ₹219 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹819.15 Cr (3.74 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹819.15 Cr (3.74 Cr Shares) |
Face Value₹2 per equity share |
Pace Digitek IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
68
14,892
Maximum
13
884
1,93,596
|
|||
| Small HNI |
Minimum
14
952
2,08,488
Maximum
67
4,556
9,97,764
|
|||
| Big HNI |
Minimum
68
4,624
10,12,656
|
|||
Pace Digitek IPO Subscription
Updated as on 30-Sep-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 1.60 | 78,57,191 | 1,25,81,156 |
| NII | 2.90 | 58,92,895 | 1,71,09,004 |
| bNII (bids above ₹10L) | 3.09 | 39,28,597 | 1,21,41,332 |
| sNII (bids between ₹2L to ₹10L) | 2.53 | 19,64,298 | 49,67,672 |
| Retail | 1.03 | 1,37,50,087 | 1,41,31,148 |
| Employee | 1.73 | 1,06,382 | 1,84,008 |
| Total | 1.59 | 2,76,06,555 | 4,40,05,316 |
Pace Digitek IPO GMP
The estimated Grey Market Premium of Pace Digitek IPO is ₹12 per share (5.48%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | Rs. 2 Cr |
Pace Digitek IPO Financials
| 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
| KPI | Values |
|---|---|
| EBITDA | 20.71% |
| PAT | 11.44% |
| ROE | 37.89% |
| RONW | 22.87% |
| Debt to Equity | 0.13 |
| PE Ratio | 13.44 |
| PB Ratio | 3.07 |
| Mkt Cap (in Crs.) | 4,727.03 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Pace Digitek IPO Peer Comparision
| 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 Peer Comparision
| Particulars | Pace Digitek |
|---|---|
| Revenue from Ops (in Crs.) | 2,438.78 |
| PAT (In Crs.) | 279.10 |
| EPS - Basic | 16.30 |
| NAV per share | 71.24 |
| RONW | 22.87% |
| EBITDA | 20.71% |
| PAT Margin | 11.44% |
| Price to earning (PE) | 13.44 |
| Debt to Equity | 0.13 |
| HFCL | Exicom Tele | Bondada Engineering |
|---|---|---|
| 4,064.52 | 867.61 | 1,571.38 |
| 173.26 | -110.03 | 115.37 |
| 1.23 | -9.11 | 10.33 |
| 28.28 | 64.35 | 41.24 |
| 4.35% | -17.93% | 25.05% |
| 12.48% | -0.71% | 11.67% |
| 4.26% | -12.68% | 7.34% |
| 60.07 | NA | 37.76 |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Maddisetty Venugopal Rao | 28.04% |
| Padma Venugopal Maddisetty | 28.01% |
| Rajiv Maddisetty | 14.01% |
| Lahari Maddisetty | 14.01% |
| Total | 84.07% |
Management Details
| Name | Designation |
|---|---|
| Maddisetty Venugopal Rao | Chairman & MD |
| Padma Venugopal Maddisetty | WTD |
| P Rajavendhan | Chief Financial Officer |
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
Book Running Lead Managers (BRLMs)
Unistone Capital
Visit WebsiteRTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Pace Digitek IPO is a Mainboard IPO having an issue size of Rs. ₹819.15 Crs. Pace Digitek IPO is priced at ₹208 - ₹219 per share. The issue opens on 26 Sep 25 and closes on 30 Sep 25.
Pace Digitek IPO opens on 26 Sep 25 and closes on 30 Sep 25.
The estimated Grey Market Premium of Pace Digitek IPO is ₹12 per share (5.48%).
The minimum lot size of Pace Digitek IPO is 68 shares & the minimum application amount is Rs. 14892.
The allotment date of Pace Digitek IPO is 01 Oct 25.
The listing date of Pace Digitek IPO is 06 Oct 25.
Pace Digitek IPO is subscribed 1.59 times.
Pace Digitek IPO is priced at ₹208 - ₹219 per share.
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