Pace Digitek IPO GMP, Date, Price, Review, Details

Pace Digitek IPO Date, Price Band, GMP, Review & Allotment Details 2025
Pace Digitek’s gearing up for a significant IPO, and for anyone keeping tabs on India’s capital markets in 2025, this one definitely warrants attention. The company’s involved in practically everything—energy systems, telecom infrastructure, the entire ICT spectrum. Honestly, they’re positioning themselves right in the thick of the industries experiencing the fastest growth at the moment. From a technical standpoint, that’s a clear play to stay relevant as these sectors evolve.
IPO Timeline & Key Details
- IPO Opening Date: 26 September 2025
- IPO Closing Date: 30 September 2025
- Price Band: ₹208 to ₹219 per share
- Pace Digitek IPO Lot Size: 68 shares
- Minimum Investment (Retail, Upper Band): ₹14,892
- Total Issue Size: Fresh issue of ~₹819.15 crore (approx. 3.74 crore shares)
- Offer for Sale (OFS): None — this IPO is entirely a fresh issue
- Refunds / Credit to Demat: 3 October 2025
- Tenantive Listing Date: 6 October 2025 (on NSE and BSE)
The Pace Digitek IPO has been structured to expand the company’s capital base, reduce debt, and fund working capital needs. Since there is no OFS component, all raised funds will flow into company operations rather than shareholder exits.
Company History & Evolution
Pace Digitek originated in 2007, when it was founded as Pace Power Systems Private Limited in Bengaluru. At first, the company concentrated on power electronics solutions, particularly in the telecom sector, where the need for dependable power backup systems was growing swiftly.
Throughout the years, the firm systematically grew by:
Acquisition and Partnerships
The company assumed control of GE Power Electronics’ Indian operations, operating under the Lineage Power name thereafter.Rebranding Initiative (2020)
- Company adopted new name: Pace Digitek Infra Private Limited
- Purpose of rebranding:
- Signaled shift to include both infrastructure and technology services
Transition to Public Limited Company (2024)
- Upgraded corporate status to ‘Pace Digitek Limited’
- Transitioned from private to public limited company
- Marked a significant milestone in corporate growth
International Operations Expansion
- Extended operations to international markets
- Focused on strategic sectors:
- Energy
- ICT infrastructure
- Notable activities in Myanmar, with targeted sector projects
What Pace Digitek Does: Business Operations
1. Telecom Infrastructure & Services
Telecom remains one of the company’s core verticals. The company designs, manufactures, and deploys passive telecom infrastructure, including:
- Towers and Poles
- Shelters and Cabinets
- Optical Fibre Cable (OFC) laying and maintenance
Pace Digitek handles it all—from manufacturing to on-site installation and ongoing operation and maintenance. Their turnkey model really makes them a one-stop solution for telecom operators and infrastructure providers.
2. Energy & Battery Storage Systems
With India’s renewable energy push, the company has expanded into Battery Energy Storage Systems (BESS) and hybrid energy projects. These include:
- Integration of solar energy with battery backup for rural and urban installations.
- Deployment of off-grid and microgrid solutions.
- Maintenance and service contracts for large-scale storage projects.
This diversification aligns with the government’s renewable energy expansion targets and the increasing need for backup power in telecom and ICT installations.
3. ICT Solutions & Smart Infrastructure
Pace Digitek also operates in ICT infrastructure development, including:
- Surveillance and security systems
- Smart classroom and kiosk solutions
- Integrated IT infrastructure for institutions and corporates
This segment provides recurring revenues from service contracts and positions the company within India’s expanding Digital India ecosystem.
4. Manufacturing & Subsidiary Operations
The company’s manufacturing hubs in Bengaluru produce telecom infrastructure components, power systems, and battery integration products. It also operates a subsidiary, Lineage Power Pvt. Ltd., which is focused on R&D and advanced power solutions.
Financial Overview
Revenue and Profit Trends
The company recorded significant revenue growth between FY23 and FY24, followed by stability in FY25. Profitability margins also improved substantially, reflecting scalability and operational efficiency.
Ratios and Indicators
- Return on Equity (ROE): 23.09%
- Return on Capital Employed (ROCE): 37.89%
- Debt-to-Equity Ratio: 0.13
- Earnings Per Share (EPS) (FY25): ~₹16.30
These indicators reflect strong financial health with relatively low debt levels.
Order Book Strength
As of March 2025, Pace Digitek had an order book of ~₹7,633.6 crore, which provides strong revenue visibility for the coming years. This order book is primarily composed of public sector projects in telecom, energy, and ICT.
IPO Reservation, Allocation & Shareholding
- Qualified Institutional Buyers (QIBs): 50% of the issue
- Non-Institutional Investors (NIIs): 15%
- Retail Individual Investors (RIIs): 35%
Promoter Holding:
- Pre-issue: 84.07%
- Post-issue: 69.50%
This allocation ensures balanced participation from institutional, retail, and employee investors.
Pace Digitek IPO GMP (Grey Market Premium)
As of 24 September 2025, the Pace Digitek IPO GMP is reported around ₹18 per share. It is important to note:
- GMP reflects informal market demand.
- It is speculative and not an official indicator.
- GMP often fluctuates until listing based on subscription levels and investor sentiment.
Industry Context & Growth Drivers
- Telecom is currently on overdrive, and this is largely due to the 5G deployment being initiated throughout the country. The current rush in demand of the telecom towers, the optical fiber cables and other related infrastructure is not going to end in the nearest future.Major government pushes—think BharatNet—are driving expansion both in the city and out where cows outnumber people.
- Then there’s the huge leap toward renewables. The country’s aiming for 500 GW of renewable energy generation by 2030. This target is fueling large-scale battery energy storage projects, hybrid systems, and a noticeable spike in Engineering, Procurement, and Construction (EPC) contracts. Anyone involved with battery storage or smart energy integration has a wide-open field.
- Digital infrastructure has its own spotlight, too. As part of Digital India, strengthening ICT capabilities is a big deal. You’ve got national smart city initiatives stepping up, digital classrooms growing, and advanced surveillance networks getting rolled out in a big way.
- Companies like Pace Digitek are well-positioned to take advantage of these intersecting growth areas and market demand trends.
IPO Process – Stepwise Overview
- Subscription:
- Investors can apply between 26–30 September 2025.
- Applications accepted via both traditional brokers and digital investment platforms.
- Allotment:
- Shares allocated based on investor demand and regulatory quotas.
- Refund / Credit:
- Unsuccessful applicants receive their funds back.
- Allotted shares are credited directly to investors’ Demat accounts.
- Tentative Listing:
- Pace Digitek shares to be listed on NSE and BSE on 6 October 2025.
FAQs
1: What is the Pace Digitek IPO Date, Price, GMP, Review, Details?
The IPO opens on 26 September and closes on 30 September 2025. Price band: ₹208–₹219. Lot size: 68 shares. GMP: ~₹18. Issue size: ₹819.15 crore.
2: What is the Pace Digitek IPO Lot Size?
The lot size is 68 shares, requiring a minimum investment of ₹14,892 at the upper band.
3: How many shares are offered in Pace Digitek Ltd IPO?
The IPO includes ~3.74 crore new shares via a fresh issue.
4: What does Pace Digitek do?
It provides telecom infrastructure, battery energy storage, ICT solutions, and EPC/O&M services.
5: What is the Pace Digitek IPO GMP?
GMP is around ₹18 per share as of 24 September 2025.
6: When is Pace Digitek IPO listing?
Shares are expected to list on 6 October 2025 on NSE and BSE.
7: What are its recent financial results?
FY25 Total Income ~₹2,462 crore and PAT ~₹279 crore, with strong order book visibility.
8: What is the allocation structure?
QIB – 50%, NII – 15%, RII – 35%.