Pace Digitek IPO Details

Introduction

Pace Digitek Limited stands at the forefront of India’s telecom infrastructure and renewable energy revolution. Founded in 2003 and headquartered in Bengaluru, the company has evolved into a trusted provider of power management systems, optic fiber laying, and energy management solutions. Its robust product portfolio serves telecom operators, government electrification projects, and private infrastructure developers across India and select international regions.

Pace Digitek IPO Details

IPO Date	September 26, 2025 to September 30, 2025
Listing Date	Mon, Oct 6, 2025
Face Value	₹2 per share
Issue Price Band	₹208 to ₹219 per share
Lot Size	68 Shares
Sale Type	Fresh Capital
Total Issue Size	3,74,04,018 shares (aggregating up to ₹819.15 Cr)
Employee Discount	₹20.00
Issue Type	Bookbuilding IPO
Listing At	BSE, NSE
Share Holding Pre Issue	17,84,42,280 shares
Share Holding Post Issue	21,58,46,298 shares

Pace Digitek IPO Timeline (Tentative Schedule)

Pace Digitek IPO opens on September 26, 2025, and closes on September 30, 2025.

IPO Open Date	Fri, Sep 26, 2025
IPO Close Date	Tue, Sep 30, 2025
Tentative Allotment	Wed, Oct 1, 2025
Initiation of Refunds	Fri, Oct 3, 2025
Credit of Shares to Demat	Fri, Oct 3, 2025
Tentative Listing Date	Mon, Oct 6, 2025
Cut-off time for UPI mandate confirmation	5 PM on Tue, Sep 30, 2025

Company Financials

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 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
Amount in ₹ Crore

Objects of the Issue 

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

S.No.	Objects of the Issue	Expected Amount (in Millions)
1	Funding the Capital Expenditure requirement.	6,300
2	General corporate purposes.

Business Overview

Pace Digitek’s core services include the design, manufacturing, installation, and operation & maintenance of telecom infrastructure components. With increasing national initiatives like 5G rollout and the PM GatiShakti program, the company is well-positioned to benefit from rising infrastructure demands. It recently expanded into the Battery Energy Storage Systems (BESS) market through its subsidiary Lineage Powertech, aiming to capture the rapidly growing clean energy storage sector.

Growth Prospects

Pace Digitek’s acquisition of Lineage Power in 2014 paved the way for its transformation from a telecom infrastructure vendor into a comprehensive cleantech OEM. Its manufacturing facilities and skilled workforce allow it to service major telecom players like Jio, Airtel, and BSNL. The company’s entry into renewable energy storage aligns strategically with India’s push towards sustainable infrastructure.

How To Apply for the Online?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email

FAQs :-

Q: When will Pace Digitek’s IPO open for subscription?
The IPO subscription starts on September 26, 2025, and closes on September 30, 2025.

Q: What is the price band and lot size?
The price band is ₹208–₹219 per share with a minimum lot size of 70 shares.

Q: What are the main uses of IPO proceeds?
Primarily for capital expenditure related to BESS manufacturing and general corporate purposes.

Q: How has the company's financial performance been in recent years?
Consistent revenue growth with improved profitability and a sharp reduction in debt levels.