IPO Details
Bidding Dates
26 Sept 25 - 30 Sept 25
Price Range ₹
208 - 219
Total Equity
₹ 0.00Cr
Lot Size
68
Exchange Status
BSE,NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
1.03×
Qualified Institutional Buyers
1.60×
Employees
1.73×
Retail Investors
1.03×
Total subscription Rate
1.59×
IPO Timeline
Offer start
26 Sept 2025
Offer end
30 Sept 2025
Allotment
01 Oct 2025
Refund initiation
03 Oct 2025
Demat transfer
03 Oct 2025
Listing
06 Oct 2025
Offer start
26 Sept 2025
Offer end
30 Sept 2025
Allotment
01 Oct 2025
Refund initiation
03 Oct 2025
Demat transfer
03 Oct 2025
Listing
06 Oct 2025
About Company
Pace Digitek Limited, incorporated in 2007, is a diversified solutions provider focused on telecom infrastructure, energy, and ICT sectors. It offers an integrated suite of services, including manufacturing of passive telecom equipment, telecom tower O&M, turnkey projects for telecom infrastructure, solar energy projects, rural electrification, and lithium-ion battery manufacturing. Their subsidiary Lineage Power supplies critical power management and solar solutions for telecom towers. The company operates two advanced manufacturing facilities in Bengaluru and employs 1,513 permanent staff.
Year Founded
01-03-2007
Promotor Details
Maddisetty Venugopal Rao
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 84.07 | 0 |
| Share Capital | 150007140 | 0 |
Project Details
- Funding our Capital Expenditure requirement - 6300cr
- General corporate purposes - 1158.34cr
Objectives
- Funding capital expenditure requirement for investment in our Subsidiary, Pace Renewable Energies Private Limited, for setting up battery energy storage systems (BESS) for a project awarded by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) (Capital Expenditure)
- andGeneral Corporate Purposes.
Highlights
- Comprehensive vertical integration across telecom, energy, and ICT.
- Strong order book with diversified business segments.
- Advanced manufacturing capabilities ensuring production efficiency.
- Experienced management team driving profitable growth.
- Focused on growth sectors such as renewable energy and telecom infrastructure.
Challenges
- Working capital pressures due to high trade receivables affecting cash flows.
- Moderate leverage with ongoing debt repayments impacting financing flexibility.
- Margins sensitive to fluctuations in raw material and energy costs.
- Exposure to competitive pressures in telecom infrastructure and renewable energy sectors.
- Dependence on regulatory policies and government infrastructure spending.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 22,483.26 | 50.00 | 2,791.02 | 2,676.08 | 14.9971 |
| 2025 | 26,262.64 | 356.88 | 165.33 | 142.92 | 0.9528 |
| 2022 | 7,075.82 | 50.00 | 2,791.02 | 2,676.08 | 14.9971 |
| 2023 | 8,338.69 | 50.00 | 165.33 | 142.92 | 0.9528 |
