Bookbuilding IPO | ₹81 Cr | Listed at BSE SME
Digilogic Systems IPO is a book build issue of ₹81.00 crores. The issue is a combination of fresh issue of 0.67 crore shares aggregating to ₹69.66 crores and offer for sale of 0.11 crore shares aggregating to ₹11.33 crores.
Digilogic Systems IPO bidding started from Jan 20, 2026 and ended on Jan 22, 2026. The allotment for Digilogic Systems IPO was finalized on Jan 23, 2026. The shares got listed on BSE SME on Jan 28, 2026.
Digilogic Systems IPO price band is set at ₹104 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,49,600 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,74,400.
Indorient Financial Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Pace Stock Broking Services Private Limited.
Refer to Digilogic Systems IPO RHP for detailed Information.
IPO Open
Tue, Jan 20, 2026
IPO Close
Thu, Jan 22, 2026
Issue Price
₹104 per share
Market Cap (Pre-IPO)
₹301.10 Cr
| IPO Date | 20 to 22 Jan, 2026 |
| Listed on | Wed, Jan 28, 2026 |
| Face Value | ₹2 per share |
| Price Band | ₹98 to ₹104 |
| Issue Price | ₹104 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 77,88,000 shares (agg. up to ₹81 Cr) |
| Reserved for Market Maker | 3,90,000 shares Pace Stock Broking Services Private Limited (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 63,08,400 shares (agg. up to ₹66 Cr) |
| Offer for Sale | 10,89,600 shares of ₹2 (agg. up to ₹11 Cr) |
| Net Offered to Public | 73,98,000 shares (agg. up to ₹77 Cr) |
| Share Holding Pre Issue | 2,22,52,630 shares |
| Share Holding Post Issue | 2,89,51,030 shares |
| BSE Script Code | 544684 |
| ISIN | INE1OOT01028 |
Digilogic Systems IPO offers total 77,88,000 shares. Out of which 36,98,400 (47.49%) allocated to QIB, 14,79,600 (19.00%) allocated to QIB (Ex- Anchor), 11,10,000 (14.25%) allocated to NII 25,89,600 (33.25%) allocated to RII and 22,18,800 (28.49%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 3,90,000 (5.01%) |
| QIB Shares Offered | 36,98,400 (47.49%) |
| − Anchor Investor Shares Offered | 22,18,800 (28.49%) |
| − QIB (Ex. Anchor) Shares Offered | 14,79,600 (19.00%) |
| NII (HNI) Shares Offered | 11,10,000 (14.25%) |
| − bNII > ₹10L | 7,39,200 (9.49%) |
| − sNII < ₹10L | 3,70,800 (4.76%) |
| Retail Shares Offered | 25,89,600 (33.25%) |
| Total Shares Offered | 77,88,000 (100.00%) |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,49,600 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,49,600 |
| S-HNI (Min) | 3 | 3,600 | ₹3,74,400 |
| S-HNI (Max) | 8 | 9,600 | ₹9,98,400 |
| B-HNI (Min) | 9 | 10,800 | ₹11,23,200 |
Digilogic Systems IPO raises ₹23.08 crore from anchor investors. Digilogic Systems IPO Anchor bid date is January 19, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Jan 19, 2026 |
| Shares Offered | 22,18,800 |
| Anchor Portion (₹ Cr.) | 23.08 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Feb 21, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Apr 22, 2026 |
Incorporated in 2011, Digilogic Systems Ltd. is engaged in the design, development, integration, manufacturing, supply, and support of Automated Test Equipment (ATE) systems, radar and Electronic Warfare simulators, application software, and embedded signal processing solutions for the defence and aerospace engineering sector.
The Company’s business includes the design, development, manufacturing, assembling, integration, and support of test systems, system software, and embedded solutions. Its offerings are organised into three segments: (i) Test Systems, including ATE, checkout systems, and radar/EW simulators; (ii) Application Software, comprising data acquisition platforms and IP cores; and (iii) Services, covering system integration, upgrades, and lifecycle support.
The Company provides specialised services in test, simulation, and embedded systems to support clients across the defence and aerospace sectors, with limited application in industrial automation. Its solutions span the entire project lifecycle, from concept development to deployment and maintenance.
The Company operates through two facilities: a 10,688 sq. ft registered office and corporate facility in Hyderabad, integrating design, engineering, administration, manufacturing, and business support functions, and a marketing office in Bangalore focused on business development, customer engagement, and project execution.
Competitive strengths:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 64.53 | 72.57 | 35.55 | 35.49 |
| Total Income | 18.28 | 72.19 | 51.71 | 56.12 |
| Profit After Tax | 1.61 | 8.11 | 2.40 | 2.18 |
| EBITDA | 3.34 | 13.40 | 5.44 | 5.28 |
| NET Worth | 35.07 | 33.46 | 13.48 | 11.09 |
| Reserves and Surplus | 30.62 | 29.01 | 11.48 | 9.09 |
| Total Borrowing | 22.04 | 13.34 | 8.11 | 10.92 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards setting up of Proposed New Facility | 51.68 |
| 2 | Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | 8.00 |
| 3 | General Corporate Purpose | 4.18 |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 4.71% | 34.57% |
| ROCE | 4.71% | 34.27% |
| Debt/Equity | 0.63 | 0.40 |
| RoNW | 4.71 | 34.57% |
| PAT Margin | 8.87% | 11.26% |
| EBITDA Margin | 18.39% | 18.60% |
| Price to Book Value | 6.91 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.65 | 1.11 |
| P/E (x) | 28.52 | 93.36 |
| Promoter Holding | 88.50% | 64.25% |
| Market Cap | ₹301.10 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the BRLM including underwriting commission | 5.29 |
| 2 | Fees payable to Registrar to the Offer | 0.04 |
| 3 | Fees payable to Legal Counsel | 0.25 |
| 4 | Fees payable to Market Maker | 0.09 |
| 5 | Fees payable to Monitoring Agency | 0.06 |
| 6 | Fees payable to Regulators including stock exchange and depositories | 0.21 |
| 7 | Fees payable to other parties, including but not limited to Statutory Auditors, Practicing Company Secretary, Independent Chartered Accountant, the Independent Chartered Engineer and the concurrent auditor | 0.30 |
| 8 | Advertising and marketing expenses | 0.24 |
| 9 | Payment for Printing and stationery, postages etc | 0.02 |
| 10 | Industry Report | 0.06 |
| 11 | Selling Commission and processing fees for SCSBs, Sponsor Banks and Bankers to the Offer (1)(2) brokerage, underwriting and selling commission and bidding Charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.12 |
| 12 | Miscellaneous | 0.09 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹104.00 |
| Open | ₹83.20 |
| Low | ₹79.05 |
| High | ₹83.20 |
| Last Trade | ₹79.05 |
Lead Manager Reports
Digilogic Systems IPO is a SME IPO of 77,88,000 equity shares of the face value of ₹2 aggregating up to ₹81 Crores. The issue is priced at ₹104 per share. The minimum order quantity is 1200.
The IPO opens on Tue, Jan 20, 2026, and closes on Thu, Jan 22, 2026.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Digilogic Systems IPO using UPI as a payment gateway. Zerodha customers can apply in Digilogic Systems IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Digilogic Systems IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Digilogic Systems IPO opens on Tue, Jan 20, 2026 and closes on Thu, Jan 22, 2026.
Digilogic Systems IPO lot size is 1200, and the minimum amount required for application is ₹2,49,600, with 2 lots being the minimum application size.
You can apply in Digilogic Systems IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Digilogic Systems IPO will be done on Friday, January 23, 2026, and the allotted shares will be credited to your demat account by Tue, Jan 27, 2026. Check the Digilogic Systems IPO allotment status.
The Digilogic Systems IPO listing date is on Wed, Jan 28, 2026.
