Pace Digitek IPO Opens Tomorrow: Key Details, Financials, Strengths and Risks

New Delhi, September 25, 2025: Pace Digitek Ltd, a provider of telecom infrastructure solutions, is set to launch its initial public offering (IPO) on September 26, 2025, with subscription open until September 30, 2025. The IPO carries a price band of ₹208–₹219 per equity share, with a minimum lot size of 68 shares, translating to an investment of ₹14,892 at the upper end. The shares are scheduled to be listed on both NSE and BSE on October 6, 2025.

MUFG Intime India Pvt Ltd is acting as registrar, and Unistone Capital Pvt Ltd is the lead manager to the issue.

Pace Digitek offers telecom passive infrastructure solutions throughout pan-India and international locations. Power management systems, turnkey EPC projects, operations and maintenance (O&M), and energy management solutions constitute its products. The firm was strengthened by its acquisition in 2014 of GE Power Electronics India and the “Lineage Power” business. It also undertakes telecom tower solarisation projects involving solar modules and lithium-ion battery packs.

Key Strengths

• Diversified offerings in telecom, power management, solarisation, and EPC projects.
• Strong financial growth, revenue nearly fivefold from FY23 to FY25.
• High margin business with double-digit EBITDA and PAT margins.
• Acquired GE Power Electronics India and Lineage Power to create a brand.
• Availability throughout India and abroad, both for government and private sector clients.

Key Risks

• Very high exposure to government contracts (clients include ITI, BSNL, and state utilities).
• Working capital-intensive company, encompassing massive trade receivables and payments-related projects.
• Exposure to currency fluctuations due to international operations.
• Legal proceedings pending in relation to tax and regulatory matters.

REF: https://listing.bseindia.com/Download//PreAnchor/PaceDigitekLimitedRHP_20250924141248.pdf

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