Pace Digitek IPO, a major telecom infrastructure and energy solutions company, is set to launch its ₹819.15 crore IPO, which opens for subscription on 26 September 2025 and closes on 30 September 2025, with anchor bidding on 25 September. Its price band has been fixed at ₹208-₹219 per share, face value ₹2, and the IPO is entirely a fresh issue of 3.74 crore shares, with no offer for sale by existing shareholders. Retail investors must apply in lots of 68 shares, meaning they need to invest about ₹14,892 at the upper end. The allotment structure allocates 50% to Qualified Institutional Buyers (QIBs), 35% to Retail Individual Investors, and 15% to Non-Institutional Investors (NIIs). Funds are slated for capital expenditure, particularly the deployment of battery energy storage systems (BESS) via its subsidiary, plus other corporate needs.

In FY 2025, Pace Digitek’s financials showed revenue of ₹2,438.8 crore and profit after tax of ₹279.1 crore, up from ₹230 crore in the prior year, representing solid growth. The company has a robust order book worth several thousand crore, with large parts coming from public sector contracts. The IPO GMP (Grey Market Premium) is generating buzz, with early signs pointing to a positive premium in grey markets, indicating strong investor sentiment and expectations for listing gains. The basis of allotment is expected around 1 October 2025, refunds processed shortly after, with the share listing on NSE and BSE slated for 6 October 2025. Overall, Pace Digitek IPO combines strong financials, a clear use of funds, and promising GMP dynamics to make it a compelling opportunity.