Pace Digitek Ltd

Revenue from operations tumbled 46.28% QoQ to Rs 367.07 crore in Q2 September 2025. On a year on year (YoY) basis, the company's consolidated net profit and revenue jumped 10.26% and 7.28% respectively in Q2 FY26. Profit before tax (PBT) jumped 11.42% to Rs 73.87 crore in Q2 FY26 compared with Rs 66.30 crore in Q2 FY25. Total expenses increased 2.43% to Rs 298.83 crore in Q2 FY26, compared with Rs 291.73 crore in Q2 FY25. In Q2 FY26, cost of material consumed stood at Rs 39.65 crore (down 68.7% YoY), employee benefit expenses stood at Rs 19.75 crore (up 26.2% YoY) while finance cost stood at Rs 9.75 crore (down 78.42% YoY). Shares of Pace Digitek entered into the bourses on 6 October 2025. The counter listed at Rs 226.85, exhibiting a premium of 3.58% to the issue price of Rs 219. The IPO was subscribed 1.59 times. The issue opened for bidding on 26 September 2025 and it closed on 30 September 2025. The price band of the IPO was fixed between Rs 208 and 219 per share. Pace Digitek (PDL) is a telecom infrastructure solutions provider offering manufacturing, installation, commissioning, and operation & maintenance (O&M) services for telecom towers and optical fibre networks. The company operates across the telecommunications, energy, and ICT sectors, with a presence in India, Myanmar and Africa. Powered by Capital Market - Live

Pace Digitek will hold a meeting of the Board of Directors of the Company on 25 October 2025.Powered by Capital Market - Live

Pace Digitek announced the award of an operation and maintenance (O&M) contract valued at Rs185.87 crore from Tata Teleservices starting October 2025. This entrusts Pace Digitek with full O&M responsibilities for the complete Managed Services including Outside Plant (OSP) Fiber Network Field Operations and Inside Plant (ISP) Operations across five Indian states'Andhra Pradesh, Telangana, Karnataka, Kerala, and Tamil Nadu. The contract is for an initial term of 3.5 years, with the possibility of extension upon mutual agreement. Powered by Capital Market - Live

The scrip was listed at Rs 226.85, exhibiting a premium of 3.58% to the issue price. So far, the stock has hit a high of Rs 231 and a low of Rs 206.90. On the BSE, over 22.20 lakh shares of the company were traded in the counter so far. The issue opened for bidding on 26 September 2025 and it closed on 30 September 2025. The price band of the IPO was fixed between Rs 208 and 219 per share. The IPO consists of a fresh issue of Rs 819.15 crore. Out of the proceeds from the fresh issue, Rs 630 crore will be directed towards capital expenditure for investment in subsidiary Pace Renewable Energies Private Limited to set up battery energy storage systems for a project with Maharashtra State Electricity Distribution Company and the balance towards general corporate purposes. Pace Digitek (PDL) is a telecom infrastructure solutions provider offering manufacturing, installation, commissioning, and operation & maintenance (O&M) services for telecom towers and optical fibre networks. The company operates across telecommunications, energy, and ICT sectors, with presence in India, Myanmar, and Africa. PDL's subsidiaries include Lineage Power (power management systems), Pace Renewable Energies (solarization of towers), and others for project execution. It also manufactures lithium-ion batteries and energy storage systems in its Bengaluru facilities. Ahead of the IPO, Pace Digitek, on 25 September 2025, raised Rs 245.14 crore from anchor investors. The board allotted 1.11 crore shares at Rs 219 each to 16 anchor investors. The firm reported a consolidated net profit of Rs 267.61 crore and sales of Rs 2,438.78 crore for the twelve months ended on 31st March 2025.Powered by Capital Market - Live