Pace Digitek IPO

0.07x

subscribed

Pace Digitek IPO

Telecommunication - Service Provider
open
₹14,144Min. investment
  1. Pre-apply
    25 Sep
  2. Bid start
    26 Sep
  3. Bid end
    30 Sep
  4. Allotment
    1 Oct
  5. Release of funds
    3 Oct
  6. Demat transfer
    3 Oct
  7. Listing
    6 Oct

About Pace Digitek Limited

SectorTelecommunication - Service Provider
Price range₹208 – ₹219
IPO type
Regular
Lot size68 shares
Issue size₹819Cr
Red Herring Prospectus
Read
Market Cap
₹4,727CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹2,438CrLower than sector avg
Growth rate3Y CAGR
120%

Pace Digitek Limited IPO Overview

Pace Digitek IPO date

Pace Digitek Ltd. IPO will open for subscription on September 26, 2025, and the closing date for the IPO is September 30, 2025. After this, investors are expected to be updated about the allotment status on October 01, 2025.

Investors who have been allotted shares can expect them to be credited to their demat account on October 03, 2025. The shares will be listed on the NSE and the BSE on Monday, October 06, 2025.

Pace Digitek IPO price band

The IPO includes a fresh issue. The IPO price band has been set between ₹208 to ₹219 per share. Interested investors can choose a price within this band to apply for the IPO.

The IPO is a book-building issue, comprising an issue of ₹819.15 crore.

Pace Digitek IPO listing price will be determined on October 06, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.

Pace Digitek IPO lot size

Pace Digitek Ltd. IPO details have been declared. The minimum lot size for an application is 68 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹819.15 crore.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Compare

Companies in this sector
Bharti Airtel LtdBharti Airtel Ltd
Indus Towers LtdIndus Towers Ltd
Vodafone Idea LtdVodafone Idea Ltd
Revenue
Higher revenue means strong sales and good market demand
This IPO
₹2,438Cr
This sector
₹11,802.12Cr
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹279.1Cr
This sector
₹801.77Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹4,727Cr
This sector
₹90,405.29Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
13.43
This sector
18.24
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.13
This sector
0.61
Compare with companies

Objectives

Capital expenditure
76.90%
General corporate purposes
23.10%

Strength and Weakness

End-to-End solutions provider

It delivers fully integrated solutions in the telecom tower sector, handling everything from manufacturing and supplying power management systems. Its product division manufactures power management solutions such as SMPS, intelligent power management units (IPMU), integrated power management systems (IPMS), and battery and power cabinets.

Strong order book

As of March 31, 2025, the company's strong and diverse order book totalled ₹7,633.6 crore across verticals, with major contributions from telecom towers (₹3,570.00 crore), energy projects (₹4,063.6 crore), and ICT, reflecting robust demand and business diversification.

Diversified business segments

Over the years, the company has expanded the telecom Infra operations to comprise products, projects, O&M, services and solutions. With the acquisition of the business of GE Power Electronics India and rights over the ‘Lineage Power’ brand in FY14, the company commenced ‘end-to-end’ manufacturing of direct current systems, which are tailored for telecom tower companies and operators and has helped it enhance its market position in the energy management solutions.

Advanced manufacturing facilities

It operates three advanced manufacturing facilities in Bengaluru through its subsidiary Lineage Power Private Limited, covering telecom passive infrastructure, lithium-ion battery systems, and battery energy storage systems (BESS). The newest BESS plant in Bidadi has an annual production capacity of 2.5 GWh, extendable to another 2.5 GWh, featuring a fully automated cell-to-pack assembly line that supports energy storage from renewables with high efficiency. These facilities span 200,000 sq. ft. and hold multiple certifications.

About Pace Digitek Limited

Incorporated in March 2007, Pace Digitek Limited is a telecom infrastructure solution provider with a significant focus on telecom tower erection and optical fibre cables. It undertakes manufacturing, installation, commissioning, operation and maintenance (O&M) of the telecom tower and optical fibre cable laying.
The company generates its revenue through three business verticals: telecommunications, energy, and information and communication technology (ICT). The telecom segment accounted for 94.22% of FY25 revenues, underpinned by turnkey tower installation, laying of optical fibre cable (OFC), and end-to-end O&M services.
The energy segment, representing 5.59% of FY25 revenues through telecom tower solarisation, battery energy storage systems (BESS), and rural electrification EPC projects. ICT products contribute 0.19% of revenues, covering smart surveillance, smart classrooms, and kiosks, marking the government's drive in digital infrastructure.
Pace Digitek's business model is highly integrated. From its subsidiary Lineage Power Pvt. Ltd., the company has three plants in Bengaluru and Bidadi spanning 200,000 sq. ft. These plants manufacture telecom power systems, lithium-ion battery systems, and BESS. In FY25, the company commissioned 3,740 telecom towers and laid 6,619 km of OFC, highlighting its project execution prowess. Meanwhile, its production facilities churned out 4,234 telecommunication power equipment units and 3,308 lithium-ion battery racks during the same year.
The company has a substantial order book of ₹7,633.61 crore as of March 31, 2025, spread across telecom towers, OFC, solar, BESS, and rural electrification projects. With diversification into BESS projects worth ₹2,470 crore, totalling to the energy segment worth ₹4,063 crore and telecom orders worth ₹3.570 crore. The passive telecom infrastructure industry is anticipated to climb from its estimated ₹1,650-1,700 billion collectively in FY20-24 to ₹2,000-2,100 billion for FY23-28, as per industry outlook. Assisted by state and federal policies, the solar power sector is projected to contribute 170-180 GW of capacity between the years 2026-30. Telecom power passive infrastructure has evolved from providing basic rectifiers and batteries to offering sophisticated, digitally controlled, and grid-integrated/ hybrid power solutions, keeping pace with advancements in telecom technology.
The company has evolved to meet the requirements of this change in telecom tower operations in terms of its passive equipment technology. Further, the company is well positioned to capitalise on the rising demand for the BESS segment, as a capacity of 8,640 MW or 34,720 MWh is estimated to be added between 2022- 2027 in the BESS segment as per the NEP Policy, 2023. It intends to invest up to ₹ 630 crore and provide BESS products in line with the Government of India’s drive towards enhancing renewable energy capacity.
Pace Digitek Limited is aiming to deepen its existing products and services and expand its geographical reach. It also intends to target setting up a network of towers for the ‘KAVACH Project’, which is an automatic train protection (ATP) system indigenously developed by Indian Railways through Research Designs & Standards Organisation (RDSO).
Now, Pace Digitek is launching its initial public offering (IPO), which is a completely fresh issue of ₹819.15 crore. Its shares will be listed on the NSE and BSE.

IPO Analysis

video thumbnail
IPO REVIEW
Pace Digitek IPO
Should you apply?

IPO Subscription Status

Date
QIB
NII
Retail
Total
26-Sep-25 (Today)
0.0 times (X)
0.06 times (X)
0.12 times (X)
0.07 times (X)

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Pace Digitek IPO ?

The issue size of the Pace Digitek IPO is 819 Cr.

What is 'pre-apply' for Pace Digitek IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Pace Digitek IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Bidding closes on 30 Sep 2025, 5:00 PM