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Pace Digitech Makes Strong Market Debut; IPO Investors in Profit
Sandy Verma | October 7, 2025 9:24 AM CST

New Delhi, October 6 (Read): Shares of Pace Digitecha company providing services to the telecom infrastructure industrymade a strong debut on the stock market today, rewarding its IPO investors with early gains.

The company’s shares, issued at ₹219 per sharewere listed at ₹226.85 on the BSE and ₹225 on the NSE. Supported by buying momentum after listing, the stock rose further to trade at ₹229.35 by 12 PMdelivering a 4.73% profit to IPO investors within the first session.

🔹 IPO Subscription and Details

The ₹819.15 crore IPO of Pace Digitech was open for subscription from September 26 to 30 and received a moderate response from investors, being 1.68 times subscribed overall:

Under the public issue, the company offered 3,74,09,047 new equity shares with a face value of ₹2 each. The funds raised will be utilized to meet working capital requirements and for general corporate purposes.

As per the company’s prospectus, Pace Digitech has shown consistent financial growth over the past three years:

  • FY 2022–23: Net profit of ₹16.53 crore

  • FY 2023–24: Net profit of ₹229.87 crore

  • FY 2024–25: Net profit of ₹279.10 crore

The company’s revenue also grew at a compound annual growth rate (CAGR) of over 118%reaching ₹2,462.20 crore in FY 2024–25.

Meanwhile, the debt position fluctuated during the same period:

  • FY 2022–23: ₹192.11 crore

  • FY 2023–24: ₹493.19 crore

  • FY 2024–25: ₹160.70 crore

The reserves and surplus strengthened significantly:

  • FY 2022–23: ₹313.31 crore

  • FY 2023–24: ₹534.58 crore

  • FY 2024–25: ₹1,134.21 crore

The listing performance and robust financials reflect investor confidence in the company’s growth trajectory and operational strength.

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