NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%
NIFTY23,4060.33%
SENSEX74,3460.41%
BANKNIFTY54,1860.88%
NIFTY IT29,3845.57%
PHARMA24,0870.33%
AUTO26,0930.05%
FMCG48,1241.01%
METAL13,5350.17%
REALTY762.601.39%
ENERGY40,1970.02%

Pace Digitek Partners with NEC XON Systems Proprietary in Strategic OEM Agreement

Pace Digitek is set to remain in focus on April 27 following the announcement of a strategic Original Equipment Manufacturer (OEM) partnership with NEC XON Systems Proprietary. The agreement, executed in collaboration with Pace Digitek's subsidiary, Lineage Power (LPPL), aims to expand the company's presence across key African markets, including South Africa, Botswana, Mozambique, Namibia, and Mauritius.

Under the partnership, NEC XON will act as the go-to-market and deployment partner, responsible for marketing, distribution, and implementation of Pace Digitek's product portfolio. This includes grid-scale Battery Energy Storage Systems (BESS) and related energy solutions. Meanwhile, Pace Digitek and LPPL will continue to focus on product development, manufacturing, and supply.

The collaboration represents a significant milestone in Pace Digitek's international expansion strategy, providing access to select African markets through an established regional player. By leveraging NEC XON's regional market reach, systems integration expertise, and execution capabilities alongside Pace Digitek's integrated BESS manufacturing strengths, the partnership is expected to create a scalable and execution-driven growth platform.

Read also: SpaceX Seeks Record $75 Billion IPO, Potentially Positioning Elon Musk as the World's First Trillionaire

Financial Update Pace Digitek reported total order inflows of ₹64,597 million for FY2026. The breakdown of this figure is as follows:

SegmentTotal Order Inflows (₹ million)
Energy58,147
Telecom6,450

The energy segment contributed ₹58,147 million, while the telecom segment accounted for ₹6,450 million. This update provides further insight into Pace Digitek's performance and growth prospects.

Investor Takeaway

Investors should monitor Pace Digitek's stock for potential gains due to its strategic partnership with NEC XON.

IPOScanner Logo

IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

About IPO Scanner

IPOScanner is built for investors who want a clear view of every IPO opportunity in one place. From upcoming issues to live subscription data, allotment updates and listing performance, we bring together the key details you need to track the primary market.

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

Details of client bank account
For any query / feedback / clarifications, email at
[email protected].

Please read all offer documents and risk disclosures carefully before investing. IPOScanner does not provide investment advice and information on this site should not be treated as a recommendation to apply for any IPO.

© 2026 IPO Scanner. All rights reserved.