Bookbuilding IPO | ₹40 Cr | Listed at BSE SME | Fri, Nov 28, 2025 - Tue, Dec 2, 2025
Logiciel Solutions IPO is a book build issue of ₹39.90 crores. The issue is a combination of fresh issue of 0.17 crore shares aggregating to ₹32.70 crores and offer for sale of 0.04 crore shares aggregating to ₹7.20 crores.
Logiciel Solutions IPO bidding started from Nov 28, 2025 and ended on Dec 2, 2025. The allotment for Logiciel Solutions IPO was finalized on Dec 3, 2025. The shares got listed on BSE SME on Dec 5, 2025.
Logiciel Solutions IPO price band is set at ₹193 per share. The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹2,31,600 (1,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (1,800 shares), amounting to ₹3,47,400.
Fintellectual Corporate Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Prabhat Financial Services Ltd..
Refer to Logiciel Solutions IPO RHP for detailed Information.
IPO Open
Fri, Nov 28, 2025
IPO Close
Tue, Dec 2, 2025
Issue Price
₹193 per share
Market Cap (Pre-IPO)
₹144.13 Cr
| IPO Date | 28 Nov to 2 Dec, 2025 |
| Listed on | Fri, Dec 5, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹183 to ₹193 |
| Issue Price | ₹193 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 20,67,600 shares (agg. up to ₹40 Cr) |
| Reserved for Market Maker | 1,03,800 shares Prabhat Financial Services Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 15,90,600 shares (agg. up to ₹31 Cr) |
| Offer for Sale | 3,73,200 shares of ₹10 (agg. up to ₹7 Cr) |
| Net Offered to Public | 19,63,800 shares (agg. up to ₹38 Cr) |
| Share Holding Pre Issue | 57,73,500 shares |
| Share Holding Post Issue | 74,67,900 shares |
| BSE Script Code | 544625 |
| ISIN | INE1BA901016 |
Logiciel Solutions IPO comprises a total issue size of 20,67,600 shares. The net offer to the public is 19,63,800 shares, after excluding 1,03,800 shares allotted on a firm basis. Of the Net offer 1,00,200 (5.10%) are allocated to QIB, 9,28,800 (47.30%) allocated to NII 9,34,800 (47.60%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,00,200 | 5.10% | 4.85% |
| NII (HNI) Shares Offered | 9,28,800 | 47.30% | 44.92% |
| − bNII > ₹10L | 6,19,200 | 29.95% | |
| − sNII < ₹10L | 3,09,600 | 14.97% | |
| Retail Shares Offered | 9,34,800 | 47.60% | 45.21% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,03,800 | 5.02% | |
| Total Shares Offered | 20,67,600 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,200 shares and in multiples of 600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,200 | ₹2,31,600 |
| Individual investors (Retail) (Max) | 2 | 1,200 | ₹2,31,600 |
| S-HNI (Min) | 3 | 1,800 | ₹3,47,400 |
| S-HNI (Max) | 8 | 4,800 | ₹9,26,400 |
| B-HNI (Min) | 9 | 5,400 | ₹10,42,200 |
Incorporated in July 2011, Logiciel Solution Limited is an outsourced software development partner, delivering end-to-end custom technology solutions to startups and enterprises around the world.
The company has established itself as an offshore software partner, assisting startups and businesses in transforming their ideas into scalable, secure, and high-performance digital platforms.
Its core competencies include Cloud Engineering, AI/ML, UI/UX Design, and Application Development, utilising cutting-edge technologies to build scalable, high-performance digital products. The company offers a comprehensive suite of services tailored to support startups and growing businesses at every stage of their journey.
The company serves customers across home improvement, energy, marketing tech, AI & software development, real estate, retail, etc.
As on October 31 , 2025, the company employs 107 people in various departments.
Competitive Strengths
Logiciel Solutions Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 30.49 | 27.40 | 12.98 | 8.57 |
| Total Income | 12.83 | 21.20 | 17.10 | 14.09 |
| Profit After Tax | 3.56 | 5.47 | 3.97 | 1.34 |
| EBITDA | 5.03 | 8.14 | 6.16 | 2.52 |
| NET Worth | 27.28 | 23.72 | 9.66 | 5.69 |
| Reserves and Surplus | 21.50 | 17.95 | 9.65 | 5.68 |
| Total Borrowing | 0.02 | 0.52 | 0.52 | |
| 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 on upgrading physical infrastructure | 1.86 |
| 2 | Investment in Human Resources through Manpower hiring | 15.28 |
| 3 | Capital expenditure towards upgrading IT infrastructure. | 4.17 |
| 4 | Funding for business development and marketing activities | 2.50 |
| 5 | General corporate Purpose | 4.87 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 32.80% |
| ROCE | 31.95% |
| Debt/Equity | 0.00 |
| RoNW | 32.80% |
| PAT Margin | 26.19% |
| EBITDA Margin | 38.95% |
| Price to Book Value | 4.70 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.48 | 9.52 |
| P/E (x) | 20.35 | 20.27 |
| Promoter Holding | 82.78% | 59% |
| Market Cap | ₹144.13 Cr. |
The Logiciel Solutions IPO is subscribed 2.04 times on December 2, 2025 6:19:42 PM (Day 3). The public issue subscribed 3.43 times in the individual investors category, 1.32 times in the QIB category, and 0.73 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1.32 | 1,00,200 | 1,32,600 | 0 |
| NII* | 0.73 | 9,28,800 | 6,73,800 | 0 |
| bNII (bids above ₹10L) | 0.43 | 6,19,200 | 2,64,600 | |
| sNII (bids below ₹10L) | 1.32 | 3,09,600 | 4,09,200 | |
| Individual Investor | 3.43 | 9,34,800 | 32,02,800 | 0 |
| Total | 2.04 | 19,63,800 | 40,09,200 | 2,938 |
Total Application : 2,938
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead manager(s) fees including underwriting commission. | 2.55 |
| 2 | Brokerage, selling commission and upload fees. | 0.95 |
| 3 | Registrars to the Offer | 0.06 |
| 4 | Legal Advisors | 0.11 |
| 5 | Printing, advertising and marketing expenses | 0.21 |
| 6 | Regulators including stock exchanges | 0.10 |
| 7 | Other misc. expenses (including fees payable to the market maker, processing fees for application and misc. expenses) | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹193.00 |
| Open | ₹154.40 |
| Low | ₹146.70 |
| High | ₹154.40 |
| Last Trade | ₹146.70 |
Lead Manager Reports
Logiciel Solutions IPO is a SME IPO of 20,67,600 equity shares of the face value of ₹10 aggregating up to ₹40 Crores. The issue is priced at ₹193 per share. The minimum order quantity is 600.
The IPO opens on Fri, Nov 28, 2025, and closes on Tue, Dec 2, 2025.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Logiciel Solutions IPO using UPI as a payment gateway. Zerodha customers can apply in Logiciel Solutions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Logiciel Solutions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Logiciel Solutions IPO opens on Fri, Nov 28, 2025 and closes on Tue, Dec 2, 2025.
Logiciel Solutions IPO lot size is 600, and the minimum amount required for application is ₹2,31,600, with 2 lots being the minimum application size.
You can apply in Logiciel Solutions 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 Logiciel Solutions IPO will be done on Wednesday, December 3, 2025, and the allotted shares will be credited to your demat account by Thu, Dec 4, 2025. Check the Logiciel Solutions IPO allotment status.
The Logiciel Solutions IPO listing date is on Fri, Dec 5, 2025.
