Proceeds from the offering will be used to fund capital expenditure requirements of Rs 630 crore and for general corporate purposes.
Lot size and investor details
Investors can bid for a minimum of 68 shares and in multiples thereof. At the upper price band, the retail application size works out to Rs 14,892.
Company profile
Pace Digitek is a multi-disciplinary solutions provider with operations across telecom, energy, and ICT (information, communication and technology) segments. Its telecom vertical covers passive equipment manufacturing, tower O&M services, OFC network projects, and turnkey tower erection.
In energy, the company provides solarization of telecom towers, rural electrification projects, and manufactures lithium-ion battery systems for storage solutions. In ICT, it offers surveillance systems, smart classrooms, and kiosks for agricultural applications.
The company operates two manufacturing facilities in Bengaluru for telecom infrastructure equipment and lithium-ion batteries. Through its subsidiary Lineage Power, it also provides power management and hybrid DC systems to support telecom tower operations.
Financials
The company reported total income of Rs 2,462 crore in FY25, broadly flat compared with Rs 2,460 crore in FY24. Profit after tax, however, rose 21% year-on-year to Rs 279.1 crore, from Rs 229.9 crore. EBITDA stood at Rs 505.1 crore with margins at 20.7%.
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