ace Digitek Limited is a multi-disciplinary solutions provider with a strong presence in the telecom infrastructure, energy, and ICT (Information, Communication & Technology) sectors. Established in 2007 and headquartered in Bengaluru, the company delivers both products and turnkey project solutions across India and overseas.
🔹 Business Verticals:
1. Telecom
- Manufactures passive telecom equipment.
- Provides O&M services for telecom towers and annual maintenance of OFC networks.
- Executes turnkey projects such as telecom tower erection and OFC network development.
2. Energy
- Develops solar power projects under a Build-Own-Operate (BOO) model.
- Solarizes telecom towers with solar modules, lithium-ion batteries, and related passive gear.
- Undertakes rural electrification projects under the EPC model.
- Manufactures and supplies lithium-ion battery systems for telecom energy storage.
3. ICT Solutions
- Supplies and integrates surveillance systems.
- Delivers smart classroom setups.
- Offers smart kiosks designed for agricultural applications.
Through its subsidiary Lineage Power Pvt. Ltd., the company provides Power Management Solutions like Switch-Mode Power Supplies, Hybrid DC Power Systems, and Charge Control Units.
It operates two modern manufacturing facilities in Bengaluru, focused on telecom infrastructure equipment and lithium-ion battery production.
As of July 31, 2025, Pace Digitek employed 1,513 permanent staff, showcasing its scale and operational capacity.
With nearly two decades of expertise, the company is positioning itself as an integrated player in telecom, renewable energy, and ICT-based infrastructure solutions.
Pace Digitek IPO – Details
| IPO Opening Date | 26 September 2025 |
| IPO Closing Date | 30 September 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 3,74,04,018 Shares Worth ₹819.15 Crore Fresh Issue: 3,74,04,018 Shares Worth ₹819.15 Crore |
| Face Value | ₹2 per equity share |
| IPO Price | ₹208 – ₹219 per share |
| Market Lot | 68 Shares |
| Min Order | 68 Shares [ 1 Lot ] |
| Listing At | BSE, NSE |
| Register | MUFG Intime India Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Pace Digitek IPO – Date Schedule
| IPO Open Date | 26 September 2025 |
| IPO Close Date | 30 September 2025 |
| Basis of Allotment | 01 October 2025 |
| Initiation of Refund | 03 October 2025 |
| Credit of Shares to Demat Account | 03 October 2025 |
| IPO Listing Date | 06 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 30, 2025 |
Pace Digitek IPO – Lots Size & Price
| 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 |
Competitive Strength
- End-to-end solutions provider with integrated operations in the telecom tower sector.
- Diversified business segments with 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 Promoters
- Maddisetty Venugopal Rao
- Padma Venugopal Maddisetty
- Rajiv Maddisetty
- Lahari Maddisetty
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹514.66 Cr | ₹492.53 Cr | ₹16.53 Cr | ₹192.11 Cr |
| 31 March 2024 | ₹2,460.27 Cr | ₹2,153.52 Cr | ₹229.87 Cr | ₹493.19 Cr |
| 31 March 2025 | ₹2,462.20 Cr | ₹2,078.27 Cr | ₹279.10 Cr | ₹160.70 Cr |
Key Performance Indicator
| 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 |
| Pre IPO | Post IPO | |
| EPS (₹) | 15.64 | 12.93 |
| P/E (x) | 14.00 | 16.94 |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Funding the Capital Expenditure requirement. | ₹630.00 |
| General corporate purposes. |
Pace Digitek IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 1 | HFCL Limited | 60.07 |
| 2 | 10 | Exicom Tele-Systems Limited | – |
| 3 | 2 | Bondada Engineering Limited | 37.76 |
✅Strengths
- Integrated player in telecom, energy & ICT with end-to-end solutions.
- Strong revenue & profit growth in last 3 years.
- In-house R&D for advanced power & solar systems.
- Backed by experienced promoters & specialized subsidiaries.
⚠️Risks
- Heavy dependence on top 5 customers.
- Loss-making renewable energy subsidiary.
- High competition from established players.
- EPC projects prone to delays & cost overruns.
- No dividend history; future payouts uncertain.
Pace Digitek IPO Promoter Holding
| Pre Issue Share Holding | 84.07% |
| Post Issue Share Holding | 69.50% |
Pace Digitek IPO Prospectus
Company Contact Information
| Pace Digitek Ltd. Plot # V 12, Industrial Estate, Kumbalgodu, Bengaluru Mysore Highway, Bengaluru, Karnataka – 560074 Bengaluru, Karnataka, 560074 Phone: 080-29547792 Email: complianceofficer@pacedigitek.com Website: https://www.pacedigitek.com/ |
Pace Digitek IPO Registrar
| MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: pacedigitek.ipo@in.mpms Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Pace Digitek IPO Lead Manager(s)
| 1. Unistone Capital Pvt.Ltd. |
Pace Digitek IPO FAQs
| What is Pace Digitek IPO? Pace Digitek IPO is a main-board IPO. The issue is priced at ₹208 to ₹219 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will Pace Digitek IPO open? The IPO is to open on 26 September 2025 for QIB, NII, and Retail Investors. |
| What is Pace Digitek IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is Pace Digitek IPO Size? Pace Digitek IPO size is ₹819.15 Crore. |
| What is the Pace Digitek IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 68 Shares with ₹14,892, while the maximum bid is 884 Shares with ₹1,93,596. |
| What is the Pace Digitek IPO Allotment Date? Pace Digitek IPO allotment date is 01 October 2025. |
| What is the Pace Digitek IPO Listing Date? Pace Digitek IPO listing date is 06 October 2025. The IPO is to be listed on BSE and NSE. |
