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Pace Digitek IPO
Price Band
₹208.0–219.0
Issue Size
₹819.15 Cr
Lot Size
68 shares
Min Investment
₹14,892
GMP
+₹12.0 (5.48%)
Issue Price
₹219.0
Subject to Sauda
₹600
Paid only if allotted
Pace Digitek IPO AI Summary
- Pace Digitek IPO is listed on BSE, NSE in the Telecom - Infrastructure sector.
- Price band: ₹208.0–₹219.0 per share, lot size 68 shares (min. investment ₹14,892).
- Subscription window: 26 Sep–30 Sep 2025, listing on 06 Oct 2025.
- Current GMP is +₹12.0 (5.48%), an estimated listing price of ₹231 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Pace Digitek IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 30 Sep 2025 — not a current signal.
2 of 2 reviewers say Neutral
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Pace Digitek IPO Grey Market Premium (GMP) Today
GMP
+₹12.0
GMP %
+5.48%
Est. Listing
₹231.0
Updated: 25 Jul 2026 14:15
About the Company
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 (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 2,648.96 | 2,253.87 | 840.15 |
| Total Income | 2,462.20 | 2,460.27 | 514.66 |
| Profit After Tax | 279.10 | 229.87 | 16.53 |
| EBITDA | 505.13 | 423.75 | 39.75 |
| NET Worth | 1,080.33 | 450.06 | 228.79 |
| Reserves and Surplus | 1,134.21 | 534.58 | 313.31 |
| Total Borrowing | 160.70 | 493.19 | 192.11 |
Key Ratios
EPS
₹15.64
NAV
₹71.24
ROE
23.09%
ROCE
37.89%
RoNW
22.87%
P/B Value
3.07
P/E Ratio
14
Market Cap
₹4727.03 Cr
PAT Margin
11.44%
Debt/Equity
0.13
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Bondada Engineering | 41.24 | 25.05% | 37.76 | 10.33 | 10.28 |
| Exicom Tele-Systems | 64.35 | -17.93% | — | -9.11 | -9.11 |
| HFCL | 28.28 | 4.35% | 60.07 | 1.23 | 1.23 |
| Pace Digitek This IPO | 71.24 | 22.87% | — | 16.3 | 16.3 |
Promoters
Maddisetty Venugopal Rao, Padma Venugopal Maddisetty, Rajiv Maddisetty and Lahari Maddisetty
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 requirements 630.00 2 General Corporate Purposes 115.83 3 Issue Expenses 73.31 Total 819.15
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹514.66 Cr in the year ending 31 Mar 2023, rising to ₹2,460.27 Cr by 31 Mar 2024, and slightly decreasing to ₹2,462.20 Cr by 31 Mar 2025. This indicates a significant increase in revenue over the two years, although the most recent figure is only marginally higher than the previous year.
Profit Trend
Profit after tax was ₹16.53 Cr in the year ending 31 Mar 2023, increasing to ₹229.87 Cr by 31 Mar 2024, and further rising to ₹279.10 Cr by 31 Mar 2025. This consistent growth in profit over the periods suggests strong operational performance.
Valuation
Pace Digitek's earnings per share (EPS) is ₹15.64, which implies a P/E ratio of 14 at the issue price. In comparison, peers like Bondada Engineering and HFCL have P/E ratios of 37.76 and 60.07, respectively. This positions Pace Digitek as priced at roughly 14 times trailing earnings, versus peers trading at higher multiples.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of IPO shares before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected listing price of an IPO based on demand and supply in the grey market. A positive GMP suggests that the shares may list at a premium to the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market position, and financial health.
Who May Want to Wait
Investors who prefer stable and established companies with consistent performance may want to avoid IPOs like this, which can be subject to market fluctuations and operational risks.
IPO Timeline, Explained
The IPO opens for subscription on September 26, 2025, and closes on September 30, 2025. Allotment of shares will be done on October 1, 2025, and the shares are expected to be listed on October 6, 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange and trade at a higher price than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and the company's performance post-listing.
This evaluation is generated from Pace Digitek's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Pace Digitek IPO GMP today?
Pace Digitek IPO GMP today is +₹12.0 (5.48%), indicating an estimated listing price of ₹231. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Pace Digitek IPO?
The price band of Pace Digitek IPO is ₹208.0–₹219.0 per share.
When does Pace Digitek IPO open and close?
Pace Digitek IPO opens on 26 September 2025 and closes on 30 September 2025.
When does Pace Digitek IPO list on the stock exchange?
Pace Digitek IPO listed on 06 October 2025 at ₹231.0.
What is the lot size for Pace Digitek IPO?
The lot size for Pace Digitek IPO is 68 shares, requiring a minimum investment of ₹14,892.
What is the price band for the IPO?
The price band for the IPO is ₹208.0 to ₹219.0.
What is the minimum investment required?
The minimum investment required is ₹14,892.0.
What is the lot size for the IPO?
The lot size for the IPO is 68 shares.
When is the listing date?
The listing date is October 6, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on demand in the unofficial market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
26 Sep 2025
Close
30 Sep 2025
Allotment
01 Oct 2025
Listing
06 Oct 2025
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