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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Pace Digitek Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹219
Per ShareLot Size
68 Shares
Minimum Investment
₹14,892
Issue Size
₹819.15 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
84.07%
Promoter Holding (Post-Issue)
69.5%
Issue Type
Book Building
ISIN
INE0S3G01027
We are a telecom infrastructure solutions provider with a significant focus on the telecom industry including telecom tower infrastructure and optical fibre cables. We undertake manufacturing, installation and commissioning services of products at the site and undertake operation and maintenance of site including tower erection and optical fiber cable laying as turnkey solution. We generate our revenue from operations from 3 verticals i.e., telecommunications, energy, and information and communication technology (ICT). In the energy sector we provide solar and battery energy storage solutions including products manufacturing, installation and commissioning services, and operation and maintenance, including turnkey projects. We have established operational presence in Maharashtra, Gujarat, Karnataka, Andhra Pradesh, Jammu and Kashmir, Uttarakhand, Assam, Manipur, Arunachal Pradesh, Mizoram, Nagaland, Sikkim among others along with operations in Myanmar and Africa.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 37,413,196 equity shares of face value of Rs. 2 each (Equity Shares) of Pace Digitek Limited (Company) for cash at a price of Rs. 219 per equity share (Including a Share Premium of Rs. 217 Per Equity Share) (Issue Price) aggregating Rs. 819.15 Crore (Issue) the issue includes a reservation of 100,502 equity shares aggregating Rs. 2.00 Crore (Constituting 0.05% of the Post-Issue Equity Share Capital), for subscriptions by eligible employees (Employee Reservation Portion). the company may, in consultation with the B R L M, offer a discount of 9.13% of the issue price (Equivalent of Rs. 20 Per Equity Share) to the eligible employees bidding in the employee reservation portion (Employee Discount), The issue less the employee reservation portions is hereinafter referred to as the `Net Issue'. the issue and the net issue shall constitute 17.33% and 17.29% of the post-issue paid-up equity share capital of the company, respectively. Price Band: Rs. 208/- to Rs. 219/- for equity share of face value of Rs. 2 each. The floor price is 104 times times the face value and cap price is 109.5 times of the face value of the equity shares. Bids can made for a minimum of 68 equity shares and in multiples of 68 equity shares thereafter. A discount of Rs. 20 per equity share is being offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
According to CRISIL, telecom towers are mainly of two types i.e., ground-based or roof-top towers. Roof-top towers require less space compared to ground-based towers and has lower installation cost. However, the capacity of ground-based towers is comparatively less than that of roof-top towers. The Indian optical fibre EPC industry is defined according to service offerings, such as optical fibre laying and roll-out, network deployment, and system integration across end-use sectors, such as telecommunications, defence, railways, smart cities, IT, and enterprises, etc. Telecom tower companies set up an entire range of passive infrastructure to be used by telecom operators to offer services to their subscribers. Passive infrastructure refers to equipment such as towers, shelters, power regulation equipment, battery back-ups, diesel generator (DG) sets, air-conditioners, fire extinguishers and security cabins required at sites where telecom towers are installed. The participants in the industry comprise telecom tower Companies and optical fibernet companies. Battery energy storage system (BESS) is an electrochemical device that charges (or collects energy) from the grid and discharges that energy at a later time to provide electricity or other grid services when needed. The battery system comprises the battery pack, which connects multiple cells to appropriate voltage and capacity; the battery management system (BMS); and the battery thermal management system. The BMS protects the cells from harmful operation, in terms of voltage, temperature and current, to achieve reliable and safe operation and balances varying cell states-of-charge (SOCs) within a serial connection.
Our Company was originally incorporated as `Pace Power Systems Private Limited', at Bengaluru as a private limited company under the provisions of Companies Act, 1956 and received a certificate of incorporation issued by the RoC on March 1, 2007. Thereafter, pursuant to a special resolution passed by the shareholders of our Company in their meeting on July 3, 2020, the name of our Company was changed to `Pace Digitek Infra Private Limited', and a fresh certificate of incorporation dated July 24, 2020, was issued to our Company by the RoC. Pursuant to a Board resolution dated May 10, 2024 and a special resolution passed by the Shareholders of our Company in their meeting on May 28, 2024, the name of our Company was changed to `Pace Digitek Private Limited', and a fresh certificate of incorporation dated July 29, 2024, was issued to our Company by the RoC. Subsequently, our Company got converted into a public limited company pursuant to a Board resolution dated October 16, 2024 and a special resolution passed by the Shareholders of our Company on October 16, 2024, and the name of our Company was changed to its present name, `Pace Digitek Limited', pursuant to a fresh certificate of incorporation dated November 19, 2024 issued to our Company by the RoC.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.