Summary:
Pace Digitek, a Bengaluru-based telecom infrastructure solution provider, will launch its ₹819.15 crore IPO on 26 September 2025. This issue includes only no offer for sale (OFS) segment. The closing date of IPO is on September 30, while allotment is set for October 1 and listing on October 6.
Pace Digitek IPO – Key Highlights
- IPO size: ₹819.15 crore (complete fresh issue, no OFS)
- IPO open date: 26 September 2025
- IPO closing date: 30 September 2025
- Allotment date: 1 October 2025
- Listing Date: 6 October 2025
- Registrar: Registrar of Companies (RoC) filing done on September 19, 2025
Earlier, the company had filed draft papers with SEBI to raise Rs 900 crores but later reduced the size of the issue. Approval from SEBI was received in the last week of August 2025.
Business Overview of Pace Digitek
Pace Digitek operates across three main verticals:
- Telecommunications- Telecom towers, optical fiber cable solutions.
- Energy- Renewable and storage solutions.
- Information and Communication Technology (ICT)- Integrated ICT infrastructure.
As of March 2025, the company had an order book of Rs 7,633.6 crore, with around 98% of public sector projects.
Financial Performance
- FY25 Profit: ₹279.1 crore (up 21.4% from ₹229.9 crore in FY24)
- FY25 Revenue: ₹2,438.8 crore (marginally up from ₹2,434.5 crore in FY24)
- Peers: Competes with listed companies such as HFCL, Exicom Tele-Systems, and Bondada Engineering.
Pace Digitek Shareholding Pattern
- Promoters: Maddisetty Venugopal Rao and family – 84.06%
- Public Shareholding: 9.36%
- Others (non-promoter, non-public): 6.58%
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With strong order books, rising profitability and government-backed projects in telecom and renewable energy, Pace Digitech’s IPO expects the interests of investors. Focusing on battery energy aligning with increasing demand for India’s sustainable infrastructure, making this issue significant for retail and institutional investors.
