Here’s a detailed summary of the Pace Digitek Limited IPO as per its Red Herring Prospectus, public filings, and media reports (as of September 2025). Use this as a reference, but always cross-check with the final prospectus and exchange disclosures before investing.
Pace Digitek IPO is a book build issue of ₹819.15 crores. The issue is entirely a fresh issue of 3.74 crore shares of ₹819.15 crore.
Pace Digitek IPO opens for subscription on Sep 26, 2025 and closes on Sep 30, 2025. The allotment for the Pace Digitek IPO is expected to be finalized on Oct 1, 2025. Pace Digitek IPO will list on BSE, NSE with a tentative listing date fixed as Oct 6, 2025.
Pace Digitek IPO price band is set at ₹208.00 to ₹219.00 per share . The lot size for an application is 68. The minimum amount of investment required by an retail is ₹14,892 (68 shares) (based on upper price).
The lot size investment for sNII is 14 lots (952 shares), amounting to ₹2,08,488, and for bNII, it is 68 lots (4,624 shares), amounting to ₹10,12,656.
IPO Dates
- Opening Date: 26 September 2025
- Closing Date: 30 September 2025
- Basis of Allotment: 1 October 2025
- Refunds Initiation: 3 October 2025
- Shares Credited to Demat Accounts: 3 October 2025
- Listing Date (BSE & NSE): 6 October 2025
IPO Details
- Face Value: ₹2 per share
- Price Band: ₹208 to ₹219 per share
- Lot Size: 68 Shares
- Sale Type: Fresh Capital
- Total Issue Size: 3,74,04,018 shares
- 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
GMP of Pace Digitek Limited IPO
Pace Digitek Limited IPO last GMP is ₹18, last updated Sep 24th 2025 02:28 PM. With the price band of 219.00, Pace Digitek IPO’s estimated listing price is ₹237 (cap price + today’s GMP).The expected percentage gain/loss per share is 8.22%.
>> Pace Digitek IPO Retail Subject to Sauda: ₹900
>> Pace Digitek IPO Small HNI Subject to Sauda: ₹12600
We update GMP on a daily basis and based on last 4 sessions grey market activities, today IPO GMP trending upward and expects a strong listing. The lowest GMP is ₹0.00, while the highest GMP is ₹27.00. Stay with us to know the daily price trend of Pace Digitek IPO GMP with expected listing price.
Promoters of Pace Digitek Limited
The promoters of Pace Digitek Limited are:
- Maddisetty Venugopal Rao
- Padma Venugopal Maddisetty
- Rajiv Maddisetty
- Lahari Maddisetty
Venugopalrao Maddisetty
- Full name: Maddisetty Venugopal Rao.
- DIN: 02070491.
- Role: Chairman & Managing Director of Pace Digitek.
- Experience: He has been in corporate governance for ~18 years.
- Other directorships: He is a director in several companies including Pace Renewable Energies Private Limited, Lineage Power Private Ltd, etc.
- Personal details: Father’s name is Srinivasarao Maddisetty. Date of Birth is 1 January 1966.
Padma Venugopal Maddisetty
- Full name: Maddisetty Padma, also referred to as Padma Venugopal Maddisetty.
- Role: Whole-time Director of Pace Digitek.
- Involvement: She is a promoter and director in associated businesses like Pace Infra & Renewable Energies.
Rajiv Maddisetty
- Full name: Rajiv Maddisetty.
- DIN: 08495070.
- Role: Whole-time Director at Pace Digitek.
- Other companies: Director in a number of entities, including Pace Renewable Energies, Lineage Power etc.
Lahari Maddisetty
- Less detailed info found publicly compared to the other three. She is a promoter.
Pace Digitek Limited IPO Lot Size
Here’s the lot size for the Pace Digitek Limited IPO:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 68 | ₹14,892 |
| Retail (Max) | 13 | 884 | ₹1,93,596 |
| S-HNI (Min) | 14 | 952 | ₹2,08,488 |
| S-HNI (Max) | 67 | 4,556 | ₹9,97,764 |
| B-HNI (Min) | 68 | 4,624 | ₹10,12,656 |
- Lot size: 68 shares
- Minimum investment (for 1 lot at the upper price ₹219): ₹14,892
- Retail investors can apply up to 13 lots (i.e. 884 shares)
Pace Digitek Limited IPO Promoter Holding
Here’s the promoter holding for Pace Digitek Limited IPO:
| Promoter Holding Pre Issue | 84.07% |
| Promoter Holding Post Issue | 69.50% |
- Pre-Issue Promoter Holding: ~ 84.07 %
- Post-Issue Promoter Holding: ~ 69.50 %
About Pace Digitek Limited
Pace Digitek Limited is a Bengaluru-based infrastructure solutions provider specializing in telecom power management, optic fiber laying, and renewable energy solutions.
Established in 2003, the company has expanded its operations across India and internationally, with a presence in countries such as Sri Lanka, Bangladesh, Myanmar, the Philippines, and several African nations.
Core Offerings
- Power Management Systems: Pace Digitek provides reliable and innovative power management solutions tailored to meet the energy needs of various industries.
- Optic Fiber Laying Solutions: The company offers advanced optic fiber laying services, ensuring effective and unmatched connectivity for communities.
- Renewable Energy Solutions: Embracing sustainability, Pace Digitek harnesses renewable energy sources to reduce carbon footprints and promote clean energy.
Strategic Acquisition
- In 2014, Pace Digitek acquired Lineage Power from General Electric, enhancing its capabilities in DC power systems and solidifying its position as a leading telecom power solution provider.
Product Portfolio
Pace Digitek Limited offers a diverse product portfolio spanning telecom infrastructure, power management, and renewable energy solutions. Here’s an overview of their key offerings:
Telecom Infrastructure Products
- Hybrid DC Power System: Combines multiple power sources for efficient energy distribution.
- DC Power System: Provides direct current power for telecom equipment.
- Charge Control Unit (CCU): Manages battery charging processes to ensure optimal performance.
- Lithium Battery: High-performance batteries for energy storage.
- Automatic Mains Failure (AMF) Panel: Ensures seamless power supply during outages.
- Low Tension (LT) Panel / Meter Panel: Distributes electrical power within telecom facilities.
- Diesel Generator (DG): Backup power solutions for telecom sites.
- Outdoor IP-55 Cabinet: Weather-resistant enclosures for telecom equipment.
- Remote Monitoring System (RMS): Enables real-time monitoring of telecom infrastructure.
- Inverter: Converts DC to AC power for various applications.
- Switch Mode Power Supply (SMPS): Efficient power conversion for telecom devices.
Non-Telecom Products
- SCADA Power Systems: Supervisory control and data acquisition systems for industrial applications.
Renewable Energy Solutions
- Solar Power Systems: Design, installation, and maintenance of solar energy solutions.
- Battery Energy Storage Systems (BESS): Storage solutions to enhance energy reliability and efficiency.
- EPC Services for Rural Electrification: Engineering, procurement, and construction services for rural energy projects.
These offerings position Pace Digitek as a comprehensive provider of infrastructure solutions, catering to the evolving needs of the telecom and energy sectors.
Pace Digitek Limited Financial Information
Here is the financial information for Pace Digitek Limited based on the latest available data:
| Period Ended | 31 Mar 2025 | Mar 31 2024 | 31 Mar 2023 |
| Assets | ₹2,648.96 Crore | ₹2,253.87 Crore | ₹840.15 Crore |
| Total Income | ₹2,462.20 Crore | ₹2,460.27 Crore | ₹514.66 Crore |
| Profit After Tax | ₹279.10 Crore | ₹229.87 Crore | ₹16.53 Crore |
| EBITDA | ₹505.13 Crore | ₹423.75 Crore | ₹39.75 Crore |
| NET Worth | ₹1,080.33 Crore | ₹450.06 Crore | ₹228.79 Crore |
| Reserves and Surplus | ₹1,134.21 Crore | ₹534.58 Crore | ₹313.31 Crore |
| Total Borrowing | ₹160.70 Crore | ₹493.19 Crore | ₹192.11 Crore |
Key Performance Indicator (KPI)
Here are the Key Performance Indicators (KPIs) for Pace Digitek Limited, based on its financials and IPO filings:
| KPI | Values |
|---|---|
| ROE | 23.09% |
| ROCE | 37.89% |
| Debt/Equity | 0.13 |
| RoNW | 22.87% |
| PAT Margin | 11.44% |
| EBITDA Margin | 20.71% |
| Price to Book Value | 3.07 |
Objects of the Issue (Pace Digitek Limited IPO Objectives)
Pace Digitek Limited Initial Public Offering (IPO) aims to raise ₹819.15 crore through a fresh issue of equity shares. The company has outlined the following objectives for the utilization of the proceeds:
1. Capital Expenditure for Battery Energy Storage Systems (BESS)
- Approximately ₹630 crore (about 77% of the total funds) will be allocated to Pace Renewable Energies Private Limited, a subsidiary of Pace Digitek. These funds will be used to establish battery energy storage systems (BESS) for a project awarded by the Maharashtra State Electricity Distribution Company Limited (MSEDCL).
2. General Corporate Purposes
- The remaining ₹189.15 crore (about 23% of the total funds) will be utilized for general corporate purposes, which may include working capital requirements, repayment of debts, and other business needs.
Strengths of Pace Digitek Limited IPO
1) Robust Financial Performance
- In 2025, the company reported a revenue of ₹2,462.20 crore and a net profit of ₹279.10 crore, reflecting a 21.4% increase from the previous year.
2) Diverse Business Verticals
- Pace Digitek operates across telecom infrastructure, renewable energy projects, and ICT solutions, providing a balanced revenue stream.
3) Strong Order Book
- The company has secured over ₹7,600 crore in confirmed orders, ensuring revenue visibility for the coming years.
4) Experienced Leadership and R&D Focus
- Led by promoters with over 20 years of experience, supported by a skilled board and a dedicated 19-member R&D team, the company emphasizes innovation and system improvements.
5) Advanced Manufacturing Capabilities
- With three ISO-certified manufacturing facilities in Bengaluru, the company produces telecom infrastructure equipment and battery systems, ensuring high-quality and efficient production.
Risks of Pace Digitek Limited IPO
1) High Customer Concentration
- Over 90% of the company’s revenue comes from its top 10 customers. Any loss of a key customer could significantly impact financial performance.
2) Dependence on Government and PSU Contracts
- A significant portion of revenue is derived from government and public sector undertakings. Delays in payments or policy changes can affect cash flow and project timelines.
3) Regulatory and Policy Risks
- The telecom and renewable energy sectors are subject to stringent regulations. Any adverse changes in policies could impact business operations.
4) Execution and Project Delay Risks
- The company faces risks related to project execution and potential delays, which could affect revenue recognition and profitability.
5) Valuation Concerns
- Some analysts believe the current valuation may be stretched compared to certain peers, which could affect short-term investor returns.
Conclusion
Pace Digitek Limited’s IPO presents a compelling opportunity for long-term investors, especially those interested in the growth prospects of the telecom and renewable energy sectors.
The company’s strong financials, diversified business model, and robust order book provide a solid foundation. However, potential investors should be mindful of the risks related to customer concentration, dependence on government contracts, and regulatory challenges.
Pace Digitek Limited Contact Details
Here are the official contact details for Pace Digitek Limited, a leading provider of telecom infrastructure and renewable energy solutions:
Registered Office Address
Pace Digitek Private Limited
Plot # V 12, Industrial Estate
Kumbalgodu, Bangalore Mysore Highway
Bangalore, Karnataka, India – 560074
Email Contact
- General Inquiries: info@pacedigitek.com
- Investor Relations: investors@pacedigitek.com
Official Website
Phone Number
- +91 80 2783 1234
Additional Office Location
Pace Power Systems Pvt Ltd
Door No-8, Bharathidasan St, Thirunagar
West Jafferkhanpet, Chennai – 600083
Tamil Nadu, India
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