Pace Digitek’s ₹819 Crore IPO Backed by ₹245 Crore Anchor Funding

Bengaluru-based Pace Digitek Limited, incorporated in 2007, is a telecom infrastructure solutions provider engaged in telecom towers, optical fibre, and allied services. The company has recently expanded into battery energy storage systems (BESS) to support renewable energy integration.

Pace Digitek has raised ₹245.14 crore from anchor investors ahead of its initial public offering (IPO). The company allocated 1.11 crore equity shares at ₹219 per share to 15 global and domestic institutional investors, according to a filing with the exchanges. Pace Digitek Ltd Anchor Investors.

Several marquee investors participated in the anchor book. These include Bandhan Small Cap Fund, Taurus Mid Cap Fund, Taurus ELSS Tax Saver Fund, SBI General Insurance, Societe Generale–ODI, Nexus Global Opportunities Fund, Necta Bloom VCC–Necta Bloom One, Saint Capital Fund, Aarth AIF Growth Fund, Al Maha Investment Fund PCC–Onyx Strategy, Samsung India, Holani Venture Capital, and Sunrise Investment Trust.

Out of the total anchor allocation of 1.11 crore equity shares, 18.26 lakh shares were allotted to two domestic mutual funds through three schemes.

IPO Details

• The ₹819.15 crore public issue will open for subscription on Friday, September 26, 2025, and close on Tuesday, September 30, 2025.
• Issue Size: ₹819.15 crore (entirely fresh issue of 3.74 crore shares)
• Price Band: ₹208–₹219 per share
• Lot Size: 68 shares
• Offer for Sale (OFS): Nil
• Fund Utilization

IPO proceeds will be used mainly for setting up battery energy storage projects and for general corporate purposes.