logo

Pace Digitek IPO to Open on September 26, Price Band Set at Rs 208–219

By Shishta Dutta | Updated at: Sep 23, 2025 09:48 AM IST

Pace Digitek IPO to Open on September 26, Price Band Set at Rs 208–219
Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

September 22- Pace Digitek Ltd., which provides telecom infrastructure solutions, has announced that it will launch an initial public offering (IPO) of ₹819 crore. (The subscription) will open on September 26, 2025, and close on September 30, 2025, at a price band of ₹208–219 per share. It is a new issue of equity, so all proceeds will be used to fund the company’s growth plans.

Objects of the Issue

The company communicated a strong vision for the use of Pace Digitek IPO funds. A large share of the proceeds, ₹6,300 million, will be allocated to capital expenditure to bolster and grow its telecom infrastructure capabilities. The remaining proceeds will be spent for other general corporate purposes, which include working capital, debt repayment, and ultimately, growth.

IPO Allocation Structure

The numbers were structured to involve all types of investors. QIBs (Qualified Institutional Buyers) have been offered 50% of the issuance, Retail Investors will have 35%, and NII (Non-Institutional Investors) will have 15%. Unistone Capital will serve as the sole book-running lead for the IPO to ensure a smooth process.

About the Company

Established in 2007 and located in Bengaluru, Pace Digitek has become a prominent provider of solutions in the telecom passive infrastructure arena. The company’s area of expertise is in telecom tower infrastructure and optical fibre cables, both of which are important enablers to the fast-growing telecom industry in India. Due to the swift rollout of 5G and an increase in data usage, the company should benefit from strong industry tailwinds.

Financial Performance

Pace Digitek’s financial performance reflects solid growth in profitability. In FY25, the company generated revenue of ₹2,439 crore, compared to ₹2,434 crore in FY24, signalling a stable topline performance. Net profit increased to ₹279 crore in FY25, up from ₹230 crore in FY24, representing improved operational efficiency and better cost management, respectively.

Listing Details

When the subscription period ends, the share allocation is expected to be done on October 1, 2025. The shares of the Pace Digitek IPO are expected to be listed on BSE and NSE on October 6, 2025, which is a major milestone for the company and creates several possibilities for investors.

Investor Outlook

With Pace Digitek’s solid existing footprint in the telecom infrastructure business, meaningful profits, and IPO objectives focused on expansion, Pace Digitek presents itself as a viable investment. Investors might feel confident in future profits based on stable revenue, growing profits, and 5G-induced industry demand.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations

Desktop BannerMobile Banner
Invest Anytime, Anywhere
Play StoreApp Store
Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy