Digilogic Systems IPO
GMP, Subscription, Price, Dates & Financial Details
It - Software
Incorporated in 2011, Digilogic Systems Ltd. operates in the defence and aerospace engineering domain, specialising in the design, development, integration, manufacturing, supply, and support of advanced Automated Test Equipment (ATE) systems, radar and Electronic Warfare (EW) simulators,…
Open Date
Tue, 20 Jan 2026
Close Date
Thu, 22 Jan 2026
Price Band
₹ 98 – 104
Lot Size
1200
Issue Size
₹ 81.00 Cr
Minimum Investment
₹ 249,600 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Digilogic Systems IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹81.00 Crore, comprising a fresh issue of 63.10 Lakh equity shares aggregating to ₹66.00 Crore and an offer for sale (OFS) of 10.90 Lakh equity shares aggregating to ₹11.00 Crore by the existing shareholders.
The Digilogic Systems IPO remained open for subscription from January 20, 2026, to January 22, 2026. The basis of allotment was finalized on January 23, 2026, and the company's shares were listed on BSE SME Platform on January 28, 2026.
The company had fixed the price band at ₹98 to ₹104 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹249,600 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Indorient Financial Services Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Digilogic Systems Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Digilogic Systems IPO Timeline (Tentative)
- IPO Open Date
- Tue, 20 Jan 26
- IPO Close Date
- Thu, 22 Jan 26
- Basis of Allotment
- Fri, 23 Jan 26
- Initiation of Refunds
- Tue, 27 Jan 26
- Credit of Shares to Demat
- Tue, 27 Jan 26
- Listing Date
- Wed, 28 Jan 26 — NSE & BSE
Open Date
20 January 2026
Close Date
22 January 2026
Basis Of Allotment
23 January 2026
Listing Date
28 January 2026
IPO Subscription
Check Live Subscription →The Digilogic Systems IPO has received bids for 65,23,200 shares against 55,89,600 shares offered, resulting in an overall subscription of 1.17x. the NII category is subscribed 0.75x, Retail Investors 1.08x, and QIBs 1.6x.
QIB
1.6x
NII
0.75x
RII
1.08x
Total
1.17x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 27,33,600 shares, representing 48.91% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 16,83,600 shares (30.12%), while Non-Institutional Investors (NIIs) receive 11,72,400 shares (20.97%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 1,683,600 | 30.12% |
| Non-Institutional | 1,172,400 | 20.97% |
| BNII | 782,400 | 14% |
| SNII | 390,000 | 6.98% |
| Retail Investors | 2,733,600 | 48.91% |
| Total | 5,589,600 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 64.53 | 72.57 | 35.55 | 35.49 |
| Revenue | 18.28 | 72.19 | 51.71 | 56.12 |
| Profit After Tax | 1.61 | 8.11 | 2.4 | 2.18 |
| Net Worth | 35.07 | 33.46 | 13.48 | 11.09 |
| Reserve & Surplus | 30.62 | 29.01 | 11.48 | 9.09 |
| Total Borrowings | 22.04 | 13.34 | 8.11 | 10.92 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Digilogic Systems Limited KPI Information
| Particular | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|
| ROE % | 4.71 | 34.27 | 19.53 | 21.76 |
| ROCE % | 4.71 | 34.27 | 19.1 | 20.68 |
| Debt / Equity | 0.63 | 0.4 | 0.6 | 0.98 |
| RoNW % | 4.71 | 34.57 | 19.53 | 21.76 |
| Pat Margin % | 8.87 | 11.26 | 4.65 | 3.89 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Digilogic Systems Ltd | 2 | 0.00 | 3.89 | 3.89 | 34.57 | 15.04 |
| DCX Systems Ltd | 2 | 53.65 | 3.49 | 3.49 | 3.14 | 103.64 |
| Zen Technologies Ltd | 1 | 40.31 | 32.07 | 32.07 | 27.85 | 187.09 |
| Data Patterns (India) Ltd | 2 | 66.91 | 39.62 | 39.62 | 15.66 | 269.37 |
| Apollo Micro System Ltd | 1 | 132.45 | 1.86 | 1.86 | 10.02 | 19.85 |
About Digilogic Systems Limited
Incorporated in 2011, Digilogic Systems Ltd. operates in the defence and aerospace engineering domain, specialising in the design, development, integration, manufacturing, supply, and support of advanced Automated Test Equipment (ATE) systems, radar and Electronic Warfare (EW) simulators, application software, and embedded signal processing solutions.
The Company’s core activities encompass the complete lifecycle of test and simulation systems, including system design, development, manufacturing, assembly, integration, deployment, and ongoing support. Digilogic Systems’ offerings are structured across three key business segments:
- Test Systems – comprising Automated Test Equipment (ATE), checkout systems, and radar and Electronic Warfare simulators;
- Application Software – including data acquisition platforms, system-level software, and proprietary intellectual property (IP) cores; and
- Services – covering system integration, technology upgrades, maintenance, and comprehensive lifecycle support.
The Company delivers specialised solutions in test, simulation, and embedded systems primarily to defence and aerospace customers, with limited applications in industrial automation. Its solutions support customers across the entire project lifecycle, from concept definition and engineering design through deployment, commissioning, and long-term maintenance.
Digilogic Systems Ltd. operates from two facilities in India. Its registered office and corporate facility, spanning approximately 10,688 square feet, is located in Hyderabad and houses design, engineering, manufacturing, administration, and business support functions. In addition, the Company maintains a marketing office in Bangalore, which focuses on business development, customer engagement, and project execution support.
Digilogic Systems IPO Promoters
- Mr. Madhusudhan Varma Jetty
- Mrs. Radhika Varma Jetty
- Mr. Shashank Varma Jetty
- Mr. Hitesh Varma Jetty
Promoters Holding
Holding Pre Issue
88.50%
Holding Post Issue
0.00%
Digilogic Systems IPO Objective
The Company Digilogic Systems IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital expenditure towards setting up a Proposed New Facility
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by our Company
- General Corporate Purposes
Digilogic Systems Limited Address / Contact Details
Digilogic Systems Ltd.
102, 1ST Floor
DSL Abacus Tech Park Uppal Kalsa Village
Uppal Ma, Rangareddy
Rangareddi, Telangana, 500039
Phone: +040 4547 4601
Email: cs@digilogicsystems.com
Website: https://digilogicsystems.com/
IPO Snapshot
Digilogic Systems IPO Lot Size
The Digilogic Systems IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,49,600 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,49,600.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 249,600.00 |
| Retail (Max) | 2 | 2,400 | 249,600.00 |
| S-HNI (Min) | 3 | 3,600 | 374,400.00 |
| S-HNI (Max) | 8 | 9,600 | 998,400.00 |
| B-HNI (Min) | 9 | 10,800 | 1,123,200.00 |
Issue Reservation
- QIB — 30.12%
- NII — 20.97%
- RII — 48.91%
Book Running Lead Managers
- Indorient Financial Services Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Digilogic Systems IPO?
Digilogic Systems IPO is a Book-building IPO with a total issue size of ₹81 crore. The Digilogic Systems IPO price band is ₹98 to 104 per share. The Digilogic Systems IPO subscription opens on Tue, Jan 20, 2026, and closes on Thu, Jan 22, 2026. The Digilogic Systems IPO will be listed on the BSE. KFin Technologies Limited is the registrar for the Digilogic Systems IPO.
When will the Digilogic Systems IPO open for subscription?
The Digilogic Systems IPO opens on Tue, Jan 20, 2026 and closes on Thu, Jan 22, 2026
What is Digilogic Systems IPO Price Band?
Digilogic Systems IPO Price Band is ₹98 to 104 per share.
What is Digilogic Systems IPO Lot Size?
Digilogic Systems IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹249600 based on the upper price band
What is the minimum investment for Digilogic Systems IPO?
The minimum investment for Digilogic Systems IPO is ₹249600, based on one lot of 1200 shares at the upper price band of ₹104 per share.
How to apply for Digilogic Systems IPO?
Investors can apply for the Digilogic Systems IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Jan 22, 2026. The application amount remains blocked until the Digilogic Systems IPO allotment is finalized.
What is Digilogic Systems IPO Issue Size?
Digilogic Systems IPO issue size is ₹81 crores.
What is the Digilogic Systems IPO Allotment Date?
Digilogic Systems IPO allotment date is Fri, Jan 23, 2026.
Who is the Digilogic Systems IPO Registrar?
The registrar for Digilogic Systems IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Digilogic Systems IPO allotment status, refund processing, and other IPO-related information.
What is the Digilogic Systems IPO GMP?
The Digilogic Systems IPO GMP (Grey Market Premium) is ₹0 as of Wed, Jan 28, 2026. Based on the upper price band of ₹104 per share, the estimated Digilogic Systems IPO listing price is ₹104, indicating a potential listing gain of approximately 0.00% over the issue price.
Who is the Digilogic Systems IPO Lead Manager?
The book-running lead managers (BRLMs) for the Digilogic Systems IPO are Indorient Financial Services Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Digilogic Systems IPO Red Herring Prospectus (RHP).