Pace Digitek Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹208 - ₹219
- Lot size
- 68 shares
- Issue amount
- ₹819.15 cr
- Total subscription
- 1.68×
- Opens
- 26 Sept 2025
- Closes
- 30 Sept 2025
- Allotment
- 1 Oct 2025
- Listing
- 6 Oct 2025
Offer at a glance
Issue overview
- Issue size
- 3,74,04,018 shares
- Face value
- ₹2 Per Share
- Minimum investment
- ₹14,144
- Fresh issue
- ₹819.15 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,892
- Issue type
- Bookbuilding IPO
- Shares before issue
- 17,84,42,280
- Shares after issue
- 21,58,46,298
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 68 | ₹14,892 |
| sHNI | 14 | 952 | ₹2,08,488 |
| bHNI | 68 | 4,624 | ₹10,12,656 |
Share reservation
Subscription & GMP
Subscription by category
Reported 30 Sept 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 1,92,003 | 1,75,744 |
| EMPLOYEES | 0 | 1,818 |
| HNIs(10L +) | 3,918 | 2,459 |
| HNIs (2-10L) | 1,959 | 4,959 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 163.33 | 275.53 |
| FIIs | 0 | 143.12 |
| FIs | 0 | 0.07 |
| Others | 0 | 132.33 |
| RETAIL | 285.93 | 309.47 |
| HNIs 2+ | 40.85 | 108.79 |
| HNIs 10+ | 81.69 | 265.9 |
| EMPLOYEES | 2.2 | 4.03 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 16.3 | 14.63 | 0.95 |
| ROE | 23.09 | 40.53 | 4.93 |
| ROCE | 37.89 | 40.85 | 6.99 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 14 | 0 | 0 |
| POST IPO(PE) | 16.94 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Bondada Engineering Limited | 37.76 | NA | 2.00 | 41.24 | 25.05 | 10.33 |
| Exicom Tele-Systems Limited | NA | NA | 10.00 | 64.35 | -17.93 | -9.11 |
| HFCL Limited | 60.07 | NA | 1.00 | 28.28 | 4.35 | 1.23 |
| Pace Digitek Limited | NA | NA | 2.00 | 71.24 | 22.87 | 16.3 |
Company information
Company profile
Pace Digitek Limited, incorporated in 2007, is a multi-disciplinary solutions provider primarily focused on the telecom infrastructure industry, with operations spanning telecom, energy, and ICT. In telecom, it manufactures passive equipment, provides O&M services for towers, undertakes turnkey projects, and develops OFC networks. Its energy division handles solar projects under the BOO model, solarization of telecom towers with lithium-ion battery systems, and rural electrification under EPC contracts. In ICT, the company delivers solutions like surveillance systems, smart classrooms, and agricultural kiosks. Through its subsidiary Lineage Power Pvt Ltd, it also offers power management systems and solar solutions for telecom infrastructure. With two manufacturing facilities in Bengaluru dedicated to telecom equipment and lithium-ion batteries, the company employed 1,513 permanent staff as of July 31, 2025.
Strengths
- Experienced Leadership & R&D Strength – Backed by a promoter with 20+ years in telecom and energy, supported by a skilled board and a 19-member in-house R&D team driving innovation and product improvements.
- Advanced & Certified Manufacturing – Three Bengaluru facilities covering 200,000 sq. ft. produce telecom infra, lithium-ion systems, and BESS, with ISO certifications and CMMi Level 3 accreditation ensuring quality and efficiency.
- End-to-End Telecom Solutions – Integrated offerings spanning equipment manufacturing, EPC, lifecycle management, and O&M, positioning the company strongly in the expanding telecom and fibre EPC sector.
Risk factors
- High Client Concentration – Over 90% of revenues come from the top 10 customers; losing a major client could severely impact financial performance.
- Sector Dependence Risk – Heavy reliance on the telecom sector makes revenues vulnerable to industry slowdowns or policy changes.
- Regional Concentration Risk – Revenue is largely derived from a few states, limiting geographic diversification and exposing the business to regional risks.
Promoters
Maddisetty Venugopal Rao
Padma Venugopal Maddisetty
Rajiv Maddisetty
Lahari Maddisetty
Registrar & documents
Lead manager
Unistone Capital Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot # V 12, Industrial Estate, Kumbalgodu, Bengaluru Mysore Highway, Bengaluru, Karnataka – 560074 Bengaluru, Karnataka, 560074
080-29547792
[email protected]Company website ↗Understanding PACEDIGITK IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.