Pace Digitek Limited was originally incorporated as Pace Power Systems Private Limited', at Bengaluru as a private limited company on March 1, 2007. Thereafter, the name of the Company was changed to Pace Digitek Infra Private Limited', dated July 24, 2020. The name of Company was changed to Pace Digitek Private Limited', and a fresh certificate of incorporation dated July 29, 2024, was issued to Company by the RoC. Subsequently, Company got converted into a public limited and the name was changed to its present name, Pace Digitek Limited', pursuant to a fresh certificate of incorporation dated November 19, 2024 by the RoC.
Pace Digitek are an experienced, multi-disciplinary solutions provider with a significant focus on the telecom passive infrastructure industry including telecom tower infrastructure and optical fibre cables. It offer comprehensive turnkey solutions and have established pan-India operational presence along with operations in Myanmar and Africa. The Company's initial operations were focused on manufacturing passive electrical equipment and over the years, it has transitioned from a manufacturer of passive equipment for telecom industry to a multi-disciplinary solutions provider. The Company operate into three business verticals i.e., Telecom, Energy and Information, Communications and Technology (ICT) sectors.
With the acquisition of business of GE Power Electronics India and rights over the Lineage Power' brand in Fiscal 2014, Company commenced
end to end' manufacturing of direct current systems for telecom tower companies and operators and has helped enhance its market position in the energy management solutions. The Company ventured into smart classrooms, smart kiosks, security, and surveillance projects as part of ICT in 2020. In 2022, it launched the turnkey fiber optic cable network project.
From 2023 onwards, Company has been undertaking projects for solarization of telecom towers (which comprises supply of solar modules and along with lithium-ion batteries the related passive equipments to telecom towers, installation, commissioning and O&M) since 2013.
Company is planning an IPO by raising funds from public aggregating to Rs 900 Cr equity shares through Fresh Issue.