Pace Digitek IPO Details

Bookbuilding IPO | ₹819 Cr | Listed at BSE, NSE | Fri, Sep 26, 2025 - Tue, Sep 30, 2025

Pace Digitek IPO Logo

Pace Digitek IPO is a book build issue of ₹819.15 crores. The issue is entirely a fresh issue of 3.74 crore shares of ₹819.15 crore.

Pace Digitek IPO bidding started from Sep 26, 2025 and ended on Sep 30, 2025. The allotment for Pace Digitek IPO was finalized on Oct 1, 2025. The shares got listed on BSE, NSE on Oct 6, 2025.

Pace Digitek IPO price band is set at ₹219 per share. The lot size for an application is 68. The minimum amount of investment required by an retail is ₹14,892 (68 shares) (based on upper price). The lot size investment for sNII is 14 lots (952 shares), amounting to ₹2,08,488, and for bNII, it is 68 lots (4,624 shares), amounting to ₹10,12,656.

The issue includes a reservation of up to 1,00,502 shares for employees offered at a discount of ₹20.00 to the issue price.

Unistone Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to Pace Digitek IPO RHP for detailed Information.

IPO Open

Fri, Sep 26, 2025

IPO Close

Tue, Sep 30, 2025

Issue Price

₹219 per share

Market Cap (Pre-IPO)

₹4,727.03 Cr

IPO Details

IPO Date26 to 30 Sep, 2025
Listed onMon, Oct 6, 2025
Face Value2 per share
Price Band₹208 to ₹219
Issue Price₹219 per share
Lot Size68 Shares
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Employee Discount20.00

Total Issue Size3,74,09,047 shares
(agg. up to ₹819 Cr)
Fresh Issue 3,74,09,047 shares
(agg. up to ₹819 Cr)
Share Holding Pre Issue17,84,42,280 shares
Share Holding Post Issue21,58,51,327 shares
BSE Script Code / NSE Symbol544550 / PACEDIGITK
ISININE0S3G01027

IPO Timetable

IPO Reservation

Pace Digitek IPO offers total 3,74,13,196 shares. Out of which 1,86,56,346 (49.87%) allocated to QIB, 74,62,539 (19.95%) allocated to QIB (Ex- Anchor), 55,96,905 (14.96%) allocated to NII 1,30,59,443 (34.91%) allocated to RII and 1,11,93,807 (29.92%) allocated to Anchor investors.

Investor Category Shares Offered Max Allottees
QIB Shares Offered 1,86,56,346 (49.87%)NA
  − Anchor Investor Shares Offered 1,11,93,807 (29.92%)NA
  − QIB (Ex. Anchor) Shares Offered 74,62,539 (19.95%)NA
NII (HNI) Shares Offered 55,96,905 (14.96%)NA
  − bNII > ₹10L 37,31,270 (9.97%)3,919
  − sNII < ₹10L 18,65,635 (4.99%)1,959
Retail Shares Offered 1,30,59,443 (34.91%)1,92,050
Employee Shares Offered 1,00,502 (0.27%)NA
Total Shares Offered3,74,13,196 (100.00%)

IPO Lot Size

Investors can bid for a minimum of 68 shares and in multiples thereof. 

Application 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
IPO Subscription Details

IPO Anchor Investors

Pace Digitek IPO raises ₹245.14 crore from anchor investors. Pace Digitek IPO Anchor bid date is September 25, 2025.
📝 Anchor Investors Letter (PDF)

Bid DateThu, Sep 25, 2025
Shares Offered1,11,93,807
Anchor Portion (₹ Cr.)245.14
Anchor lock-in period end date for 50% shares (30 Days)Thu, Oct 30, 2025
Anchor lock-in period end date for remaining shares (90 Days)Mon, Dec 29, 2025

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Up to Rs 5 Lakhs Yes
Employee + RII/NII
  • Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Pace Digitek Ltd.

Incorporated in 2007, Pace Digitek Limited is a multi-disciplinary solutions provider with a primary focus on the telecom infrastructure industry.

Pace Digitek Business Verticals

1. Telecom:

  • Product manufacturing of passive telecom equipment.
  • O&M services for telecom towers and annual maintenance of OFC and ancillary services.
  • Turnkey projects, including the erection of telecom towers and the development of OFC networks.

2. Energy

  • Solar energy projects under a Build-Own-Operate (BOO) model.
  • Solarisation of telecom towers, which includes the supply and installation of solar modules, lithium-ion batteries, and related passive equipment.
  • Rural electrification projects under an EPC (engineering, procurement, and construction) model.
  • Manufacturing and supply of lithium-ion battery systems, used for energy storage in telecom towers.

3. Information, Communication and Technology (ICT)

  • Surveillance systems
  • Smart classrooms
  • Smart kiosks for agricultural applications

Pace Digitek, through its subsidiary Lineage Power Pvt Ltd, offers key products to support telecom tower infrastructure. These include Power Management Solutions such as Switch-mode Power Supply and Hybrid DC Power Systems, as well as solar solutions like Charge Control Units.

Manufacturing facilities: 2 manufacturing facilities in Bengaluru, for manufacturing telecom infrastructure equipment and lithium-ion batteries.

As of July 31, 2025, it has 1,513 permanent employees.

Competitive Strengths

  • End-to-end solutions provider with integrated operations in the telecom tower sector.
  • Diversified business segments with a strong order book.
  • Experienced and qualified senior management.
  • Advanced manufacturing facilities with production efficiency.
  • Track record of financial and operational performance with profitable growth.

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

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding the Capital Expenditure requirement. 630.00
2 General corporate purposes. 115.83

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS (₹)15.6412.93
P/E (x)1416.94
Promoter Holding84.07%69.5%
Market Cap4,727.03 Cr.
Maddisetty Venugopal Rao, Padma Venugopal Maddisetty, Rajiv Maddisetty and Lahari Maddisetty are the company promoters.
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.

IPO Review

[Dilip Davda]
The company is one of the fastest growing telecom infra solutions provider with related services. It posted bumper top and bottom lines from FY24 onwards following its entry in to storage batteries for solar power. Based on its recent financial data, the issue appears fully priced. According to the management, with its entry into EPC, BESS, ICT, PCS, EMS segments, it is poised for bright prospects ahead. Well-informed investors may park funds for medium to long term.
Read detail review...

Pace Digitek IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers6010
Members1001

Pace Digitek IPO Subscription Status (Bidding Detail)

The Pace Digitek IPO is subscribed 1.68 times on September 30, 2025 5:04:38 PM (Day 3). The public issue subscribed 1.09 times in the retail category, 1.69 times in the QIB category, and 3.06 times in the NII category. Check Day by Day Subscription Details (Live Status)

Category Subscription (times) Shares Offered Shares bid for
QIB (Ex Anchor)1.6974,57,9511,25,81,156
NII 3.0655,95,5271,71,07,100
    bNII (bids above ₹10L)3.2537,30,3521,21,41,332
    sNII (bids below ₹10L)2.6618,65,17649,65,768
Retail1.091,30,56,2311,42,08,736
Employee1.831,00,5031,83,940
Total1.682,62,10,2124,40,80,932

Total Application : 1,84,979

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 BRLM fees and commissions (including underwriting commission, brokerage and selling commission) 62.41
2 Selling commission/processing fee for SCSBs, Sponsor Banks and fee payable to the Sponsor Banks for Bids made by RIBs 0.40
3 Brokerage and selling commission and bidding/uploading charges for members of the Syndicate (including their sub-Syndicate Members), Registered Brokers, RTAs and CDPs 0.75
4 Fees payable to the Registrar to the Issue 0.10
5 Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses 3.65
6 Printing and distribution expenses 1.25
7 Advertising and marketing expenses 1.40
8 Fees payable to legal counsel 1.40
9 Miscellaneous 1.95

Listing Day Trading Information

Price DetailsBSENSE
Final Issue Price219.00219.00
Open226.85225.00
Low206.90207.00
High231.00231.00
Last Trade217.50217.99

Check IPO Performance…

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

Pace Digitek Ltd. Address
Plot # V 12, Industrial Estate,
Kumbalgodu,
Bengaluru Mysore Highway,
Bengaluru, Karnataka, 560074
Open an Instant Account with Zerodha

IPO FAQs

Pace Digitek IPO is a main-board IPO of 3,74,09,047 equity shares of the face value of ₹2 aggregating up to ₹819 Crores. The issue is priced at ₹219 per share. The minimum order quantity is 68.

The IPO opens on Fri, Sep 26, 2025, and closes on Tue, Sep 30, 2025.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Pace Digitek IPO using UPI as a payment gateway. Zerodha customers can apply in Pace Digitek IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Pace Digitek IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Pace Digitek IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Pace Digitek IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025.

Pace Digitek IPO lot size is 68, and the minimum amount required for application is ₹14,892.

You can apply in Pace Digitek IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Pace Digitek IPO will be done on Wednesday, October 1, 2025, and the allotted shares will be credited to your demat account by Fri, Oct 3, 2025. Check the Pace Digitek IPO allotment status.

The Pace Digitek IPO listing date is on Mon, Oct 6, 2025.

Compare: