Home >> IPO >> Pace Digitek IPO: Price, Overview, Analysis, Allotment, And GMP
Pace Digitek IPO: Price, Overview, Analysis, Allotment, And GMP
Table of Contents
- Pace Digitek IPO - Company Analysis
- Pace Digitek IPO Details
- Industry Outlook
- Company Financial
- The Objective of The Issue
- Listed Peers of Pace Digitek Ltd.
- Evaluation of P/E Ratio
- IPO's Strengths
- IPO’s Weaknesses
- Pace Digitek IPO GMP
- Pace Digitek Limited IPO Summary
- Pace Digitek IPO Allotment Status
- Promoters And Management of Pace Digitek Ltd.
- Dividend Policy
- Conclusion
Pace Digitek IPO - Company Analysis
Pace Digitek IPO, a Mainboard IPO, is a bookbuilding issue of Rs. 819.15 Cr by Pace Digitek Ltd. Since its incorporation as Pace Power Systems Pvt. Ltd., Pace Digitek Limited has developed into a major supplier of renewable energy infrastructure, EPC services, and power management systems.
The company's operations include telecom power systems, battery storage, solar EPC, and rural electrification. Its headquarters are in Bengaluru, Karnataka. Pace Digitek, a major participant in integrated power and communication infrastructure, has operations in India and outside (Singapore, Myanmar) and has robust in-house research and development.
Pace Digitek IPO Details
The Pace Digitek Ltd IPO open date is from Sep 26 to Sep 30, with IPO allotment on Oct 01, refund initiation on Oct 03, 2025.
The Rs. 819.15 Cr mainline IPO comprises a wholly fresh issue of 3.74 crore shares.
The Pace Digitek IPO listing date might be on Monday, 06 October 2025, and it will be listed at the BSE and NSE. The Pace Digitek IPO price band is Rs. 208 to Rs. 219 for each Share.
|
Events |
Date |
|
IPO Opening Date |
September 26, 2025 |
|
IPO Closing Date |
September 30, 2025 |
|
IPO Allotment Date |
October 01, 2025 (Tentative) |
|
Refund Initiation |
October 03, 2025 (Tentative) |
|
Tentative IPO Listing Date |
October 06 2025 |
Industry Outlook
If you want to apply for the IPO, click to open a Demat Account.
Company Financial
(Amount in Cr)
|
Period |
31 Mar 2023 |
31 Mar 2024 |
31 Mar 2025 |
|
Assets |
840.15 |
2,253.87 |
2,648.96 |
|
Total Revenue |
14,451.43 |
24,350.87 |
24,387.80 |
|
EBITDA |
1,141.44 |
4,239.64 |
5,048.21 |
|
Profit After Tax (PAT) |
165.33 |
2,298.71 |
2,791.02 |
|
Net Worth |
3,353.08 |
5,670.22 |
13,054.76 |
|
Borrowings |
1,904.63 |
4,921.37 |
1,635.12 |
|
Total Revenue |
14,451.43 |
24,350.87 |
24,387.80 |
Cash Flows
The cash flows for various activities are shown below:
(Amount in lac)
|
Net Cash Flow In Multiple Activities |
FY25 |
FY24 |
FY23 |
|
Net Cash Flow from Operating Activities |
-1,758.86 |
2,141.24 |
-437.81 |
|
Net Cash Flow from Investing Activities |
2,438.10 |
-3,177.77 |
-547.61 |
|
Net Cash Flow from Financing Activities |
-853.18 |
1,891.35 |
472.12 |
Revenue Bifurcation
Sector-wise Revenue Breakdown
Verticals-wise Revenue Breakdown
(Source - RHP)
The Objective of The Issue
-
Capex investment in EPC infrastructure, battery storage systems, and R&D expansion.
-
Working capital needs for continuing initiatives.
-
General business objectives.
Click to check the IPO application status.
Listed Peers of Pace Digitek Ltd.
|
Company Name |
Face Value (Rs. per Share) |
EPS (Rs.) |
P/E (x) |
|
HFCL Ltd. |
1 |
1.23 |
60.07 |
|
Exicom Tele-Systems Ltd. |
10 |
-9.11 |
NA |
|
Bondada Engineering Ltd. |
2 |
10.28 |
37.76 |
Valuation
|
Metric |
Value |
|
ROE (FY25) |
23.09% |
|
ROCE (FY25) |
37.89% |
|
Debt/Equity |
0.13 |
|
PAT Margin |
11.44% |
|
EPS (Rs.) |
16.30 |
Evaluation of P/E Ratio
With an FY25 EPS of Rs. 16.30 and an IPO maximum price of Rs. 219, Pace Digitek's P/E ratio is around 13.44x that of its sector peers, which trade between 37.76x and 60.07x. This implies that the IPO is being sold at a lower price than its listed rivals, Bondada Engineering Ltd. and HFCL Ltd. Given the company's impressive profitability and growth trajectory, the pricing seems appealing.
Explore the BMW Ventures IPO.
IPO's Strengths
-
Robust R&D and product innovation in telecom power systems, solar EPC, and battery storage.
-
Both in India and abroad (Singapore, Myanmar).
-
Broad range of products in the fields of renewable energy, EPC, and power electronics.
-
Scalable company plan with a solid performance history.
IPO’s Weaknesses
-
High reliance on government funding for infrastructure and telecom.
-
Exposure to fluctuations in the price of raw materials (steel, copper, and lithium).
-
Competition from big, well-known firms like Bondada and HFCL.
-
There may be execution risk associated with expanding into new regions.
Pace Digitek IPO GMP
Pace Digitek IPO GMP today is Rs. 25 as of 23 Sep 2025, while writing this information. Hence, the Pace Digitek IPO listing price (estimated) might be Rs. 244 (upper price + current GMP or grey market premium).
Pace Digitek Limited IPO Summary
|
IPO Opening & Closing Date |
Sep 26, 2025 to Sep 30, 2025 |
|
Face Value |
Rs. 2 per Share |
|
Issue Price |
Rs. 208 to Rs. 219 |
|
Lot Size |
68 Shares |
|
Issue Size |
3,74,04,018 Shares (Rs. 819.15 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
3,74,04,018 Shares (Rs. 819.15 Cr) |
|
Listing At |
- |
|
Issue Type |
Book Built Issue IPO |
|
Registrar |
MUFG Intime India Pvt. Ltd. |
Pace Digitek IPO Lot Size
The IPO allows retail investors to invest in a minimum and maximum of 1 Lot (68 Shares) amounting to Rs. 14892 and 13 Lots (884 Shares) amounting to Rs. 1,93,596, respectively, while for S-HNI investors, the minimum Lot is 14 (952 Shares) amounting to Rs. 2,08,488.
|
Minimum Lot Investment (Retail) |
1 Lot |
|
Maximum Lot Investment (Retail) |
13 Lots |
|
SHNI (Minimum) |
14 Lots |
|
SHNI (Maximum) |
67 Lots |
|
BHNI (Minimum) |
68 Lots |
Pace Digitek IPO Reservation
|
Institutional Share Portion |
50% |
|
Retail Investors' Share Portion |
35% |
|
Non-Institutional Shares Portion |
15% |
Pace Digitek IPO Allotment Status
To check the Pace Digitek IPO allotment status, visit the official Registrar’s website or the BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Pace Digitek Ltd.
-
Maddisetty Venugopal Rao
-
Padma Venugopal Maddisetty
-
Rajiv Maddisetty
-
Lahari Maddisetty.
|
Pre-Issue Promoter Shareholding |
84.07% |
|
Post-Issue Promoter Shareholding |
69.50% |
Pace Digitek IPO Lead Managers
-
Unistone Capital Pvt. Ltd.
Dividend Policy
The company has not paid a dividend during the last three fiscal years.
Conclusion
Investors have the chance to fund a rapidly expanding power management and EPC business with robust financial development through the Pace Digitek IPO. As its net worth has increased and its borrowings have decreased, its balance sheet has improved. Its robust fundamentals, high ROCE, and diverse business strategy make it an interesting IPO.
Finowings IPO Analysis
Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
To Apply for the IPO, Click Here.
To Read the Prospectus of the Company Click Here to Download the DRHP.
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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.
Author
Frequently Asked Questions
On Oct 06, 2025, this IPO can be listed.
If you have applied for the Pace Digitek IPO but have not been allotted the Shares by the Registrar and are now looking for “ what to do if the IPO refund is not received ”, then we have covered the blog, which explains the steps to get your IPO refund. Click the link to explore.
You can apply for the Pace Digitek IPO using your bank account through ASBA. Additionally, you can also apply through your stock brokers like Zerodha, Upstox, Groww, etc.
Oct 01, 2025.
- Rs. 208 to Rs. 219.
Pace Digitek IPO opening date is 26 September 2025.
