Pace Digitek IPO GMP Price, Dates, Analysis, and What Investors Need to Know

Explore Pace Digitek IPO details including GMP or grey market premium, price, date, listing date, allotment date & status with company financials.

The Pace Digitek IPO GMP has generated strong buzz in the market as investors eye this upcoming Mainboard IPO from Pace Digitek Limited, a leading player in India’s integrated power and communication infrastructure sector. With a total issue size of ₹819.15 Cr, the IPO gives investors exposure to a company specializing in renewable energy infrastructure, EPC services, and advanced power management solutions.

Here is a detailed breakdown of the IPO, its valuation, and the company’s business fundamentals.

IPO Key Dates and Price Details

The Pace Digitek IPO is a fresh issue of 3,74,04,018 equity shares, with no offer for sale (OFS) component.

Detail	Value
IPO Opening Date	September 26, 2025
IPO Closing Date	September 30, 2025
Price Band	₹208 to ₹219 per Share
Face Value	₹2 per Share
Total Issue Size	₹819.15 Crores
Lot Size (Retail)	68 Shares
Tentative Listing Date	October 06, 2025

Retail Investment Details

Investor Category	Minimum Lot Size	Minimum Investment Amount (at upper band)
Retail	1 Lot (68 Shares)	₹14,892
S-HNI	14 Lots (952 Shares)	₹2,08,488

Company Profile: Pace Digitek Limited

Pace Digitek Ltd., which began as Pace Power Systems Pvt. Ltd., has evolved into a key supplier of renewable energy infrastructure, EPC (Engineering, Procurement, and Construction) services, and power management systems.

The company’s operations span several high-growth verticals:

• Telecom Power Systems

• Battery Storage Solutions

• Solar EPC

• Rural Electrification
  
  

Headquartered in Bengaluru, it also maintains an international presence in Singapore and Myanmar, backed by robust in-house R&D capabilities.

Objectives of the Issue

The proceeds from the fresh issue will be utilized for:

1. Expanding EPC infrastructure, battery storage systems, and R&D activities.

2. Funding working capital requirements.

3. General corporate purposes.

Financial Performance at a Glance (In Cr)

Period (As of 31 Mar)	FY23	FY24	FY25
Total Revenue	14,451.43	24,350.87	24,387.80
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

Key Takeaway: Profit has surged from ₹165.33 Cr in FY23 to ₹2,791.02 Cr in FY25. Net worth more than doubled, while borrowings decreased substantially, signaling strong financial health.

Valuation and Peer Comparison

Metric	Value (FY25)
EPS (Rs.)	16.30
P/E Ratio (at upper band ₹219)	~13.44x
ROCE (Return on Capital Employed)	37.89%
Debt/Equity	0.13

Compared with peers like Bondada Engineering (P/E ~37.76x) and HFCL Ltd. (P/E ~60.07x), Pace Digitek is priced lower, making it attractive relative to its industry counterparts.

Strengths and ❌ Weaknesses

Strengths	Weaknesses
Strong R&D and product innovation.	Dependence on government infrastructure spending.
Global presence in India, Singapore & Myanmar.	Exposure to raw material price fluctuations.
Wide product range in renewable energy and power electronics.	Competition from large players like Bondada and HFCL.
Excellent ROCE and reduced borrowings.	Execution risk in new markets.

Grey Market Premium (GMP) Status

As of September 23, 2025, the Pace Digitek IPO GMP is reported at ₹25.

• Estimated Listing Price: ₹219 (Upper Price Band) + ₹25 (GMP) = ₹244

Conclusion

The Pace Digitek IPO comes with strong fundamentals, solid financial performance, and an attractive valuation compared to peers. The company’s growth across renewable energy and EPC sectors, coupled with its global presence and reduced borrowings, strengthens investor confidence.

At the same time, risks tied to raw material volatility and government project dependency should be considered. For investors tracking the grey market trend, the Pace Digitek IPO GMP provides an early indication of positive listing expectations, making it an IPO worth watching closely.