Pace Digitek IPO vs Patel Retail IPO

Comparison between Pace Digitek IPO and Patel Retail IPO.

IPO Details

Pace Digitek IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Patel Retail IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Pace Digitek IPO is up to ₹819.15 Cr whereas the issue size of the Patel Retail IPO is up to ₹242.66 Cr. The final issue price of Pace Digitek IPO is ₹219.00 per share and of Patel Retail IPO is ₹255.00 per share.

 Pace Digitek IPOPatel Retail IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹208.00 per share₹237.00 per share
Issue Price (Upper)₹219.00 per share₹255.00 per share
Issue Price (Final)₹219.00 per share₹255.00 per share
Discount (Retail)
Discount (Employee)₹20.00 per share₹20.00 per share
Market Lot Size68 shares58 shares
Fresh Issue Size3,74,09,047 shares85,18,000 shares
Fresh Issue Size (Amount)up to ₹819.15 Crup to ₹217.12 Cr
OFS Issue Size0 shares10,02,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹25.54 Cr
Issue Size Total3,74,09,047 shares95,20,000 shares
Issue Size Total (Amount)up to ₹819.15 Crup to ₹242.66 Cr

IPO Timetable

Pace Digitek IPO opens on Sep 26, 2025, while Patel Retail IPO opens on Aug 19, 2025. The closing date of Pace Digitek IPO and Patel Retail IPO is Sep 30, 2025, and Aug 21, 2025, respectively.

 Pace Digitek IPOPatel Retail IPO
Anchor Bid DateSep 25, 2025Aug 18, 2025
Issue OpenSep 26, 2025Aug 19, 2025
Issue CloseSep 30, 2025Aug 21, 2025
Basis Of Allotment (Tentative)Oct 01, 2025Aug 22, 2025
Initiation of Refunds (Tentative)Oct 03, 2025Aug 25, 2025
Credit of Share (Tentative)Oct 03, 2025Aug 25, 2025
Listing date (Tentative)Oct 06, 2025Aug 26, 2025
Anchor Lockin End date 1Oct 30, 2025Sep 20, 2025
Anchor Lockin End date 2Dec 29, 2025Nov 19, 2025

Financials & KPIs

Pace Digitek IPO P/E ratio is 14, as compared to Patel Retail IPO P/E ratio of 25.1.

 Pace Digitek IPOPatel Retail IPO
Financials

Company Financials (Restated Consolidated)

Pace Digitek Ltd.'s revenue not changed and profit after tax (PAT) rose by 21% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets2,648.962,253.87840.15
Total Income2,462.202,460.27514.66
Profit After Tax279.10229.8716.53
EBITDA505.13423.7539.75
NET Worth1,080.33450.06228.79
Reserves and Surplus1,134.21534.58313.31
Total Borrowing160.70493.19192.11
Amount in ₹ Crore

Company Financials (Restated)

Patel Retail Ltd.'s revenue increased by 1% and profit after tax (PAT) rose by 12% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets382.86333.02303.12
Total Income825.99817.711,019.80
Profit After Tax25.2822.5316.38
EBITDA62.4355.8443.24
NET Worth134.5794.4071.87
Total Borrowing180.54185.75182.81
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)84.0797.99
Promoter Shareholding (Post-Issue)69.570.01
P/E Ratio1425.1
Market Cap₹4727.03 Cr.₹851.71 Cr.
ROE23.09%19.02%
ROCE37.89%14.43%
Debt/Equity0.131.34
EPS₹15.64₹10.16
RoNW22.87%19.02%

Shares Offered

In the Pace Digitek IPO Retail Individual Investors (RII) are offered 1,30,59,443 shares while in Patel Retail IPO retail investors are offered 1,30,59,443 shares. Qualified Institutional Buyers (QIB) are offered 74,62,539 shares in Pace Digitek IPO and 11,36,312 shares in Patel Retail IPO.

 Pace Digitek IPOPatel Retail IPO
Anchor Investor Reservation1,11,93,807 shares17,04,388 shares
Market Maker Reservation0 shares0 shares
QIB74,62,539 shares11,36,312 shares
NII55,96,905 shares23,67,250 shares
RII1,30,59,443 shares42,61,050 shares
Employee1,00,502 shares51,000 shares
Others
Total3,74,13,196 shares95,20,000 shares

Bids Received (Subscription)

Pace Digitek IPO subscribed 1.68x in total, whereas Patel Retail IPO subscribed 95.69x.

 Pace Digitek IPOPatel Retail IPO
QIB (times)1.69x272.14x
NII (times)3.06x108.11x
Big NII (times)3.25x102.09x
Small NII (times)2.66x120.17x
RII (times)1.09x42.55x
Employee (times)1.83x25.29x
Other (times)
Total (times)1.68x95.69x

Compare with others

Compare:

Pace Digitek IPO Vs Patel Retail IPO