Allotment

Digilogic Systems IPO is a book-built issue aggregating ₹81.01 crore, comprising a fresh issue of 0.67 crore equity shares worth ₹69.68 crore and an offer for sale (OFS) of 0.11 crore equity shares amounting to ₹11.33 crore.
The IPO will open for subscription on January 20, 2026, and close on January 22, 2026. The basis of allotment is expected to be finalized on January 23, 2026, with the company’s shares proposed to list on the BSE SME platform on January 28, 2026.
The price band for the issue has been fixed at ₹98 to ₹104 per share, with a lot size of 1,200 shares.
Retail (Individual) investors are required to apply for a minimum of 2 lots (2,400 shares), amounting to ₹2,49,600 at the upper end of the price band.
HNI investors must apply for a minimum of 3 lots (3,600 shares), amounting to ₹3,74,400.
Indorient Financial Services Ltd. is the Book Running Lead Manager, KFin Technologies Ltd. is the Registrar to the issue, and Pace Stock Broking Services Private Limited is the Market Maker for the IPO.
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IPO Market price
| IPO Date | 28 Jan |
| IPO Listing Date | 28 Jan |
| IPO Face Value | ₹2.00 per share |
| IPO Price Range | ₹104.00 |
| IPO Issue Size | 77,89,196 share |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, SME Platform |
| Share Holding Pre Issue | 2,22,52,630 shares |
| IPO Open Date | 20 Jan |
| IPO Close Date | 22 Jan |
| IPO Allotment (Tentative) | 23 Jan |
| Refunds | 27 Jan |
| Credit to Demat Account | 27 Jan |
| IPO Listing Date | 28 Jan |
| Category | Offer |
|---|---|
| QIB Shares Offered | 39,02,400 Shares |
| NII (HNI) Shares Offered | 11,72,400 Shares |
| Retail Shares Offered | 27,33,600 Shares |
Investors can apply for the IPO with a minimum bid of 2,400 equity shares, and thereafter in multiples of 1,200 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,49,600 |
| 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 |
Incorporated in 2011, Digilogic Systems Ltd. operates in the defence and aerospace engineering sector, specializing in the design, development, integration, manufacturing, supply, and support of Automated Test Equipment (ATE) systems, radar and electronic warfare (EW) simulators, application software, and embedded signal processing solutions.
The company’s operations encompass the design, development, manufacturing, assembly, integration, and lifecycle support of advanced test systems, system software, and embedded solutions. Its business is structured into three key segments:
Test Systems – including ATE systems, checkout systems, and radar/EW simulators
Application Software – comprising data acquisition platforms and intellectual property (IP) cores
Services – covering system integration, upgrades, and end-to-end lifecycle support
Digilogic Systems provides specialized test, simulation, and embedded system solutions primarily to clients in the defence and aerospace sectors, with limited application in industrial automation. The company’s solutions address the entire project lifecycle, from concept and design to deployment, upgrades, and maintenance.
The company operates from two facilities:
A 10,688 sq. ft. registered office and corporate facility in Hyderabad, housing design, engineering, administration, manufacturing, and business support functions
A marketing office in Bengaluru, focused on business development, customer engagement, and project execution
Competitive Strengths
Proven experience in delivering defence and aerospace systems
Strong industry relationships and international collaborations
Comprehensive end-to-end solution capabilities
Reusable engineering platforms enabling efficient and scalable delivery
Professional and experienced leadership team with deep technical and industry expertise
| Assets | 64.53 | 72.57 | 35.55 |
| Total Income | 18.28 | 72.19 | 51.71 |
| Profit After Tax | 1.61 | 8.11 | 2.4 |
| EBITDA | 3.34 | 13.4 | 5.44 |
| NET Worth | 35.07 | 33.46 | 13.48 |
| Reserves and Surplus | 30.62 | 29.01 | 11.48 |
| Total Borrowing | 22.04 | 13.34 | 8.11 |
| ROE | 4.71% |
| ROCE | 4.71% |
| Debt/Equity | 0.63 |
| RoNW | 4.71 |
| PAT Margin | 8.87 |
| EBITDA Margin | 18.39 |
| Price to Book Value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | 51.74 |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Digilogic Systems Ltd. Address
#102, 1ST Floor
DSL Abacus Tech Park Uppal Kalsa Village
Uppal Ma, Rangareddy
Rangareddi, Telangana, 500039
+040 4547 4601
cs@digilogicsystems.com
IPO Registrar
Kfin Technologies Ltd.
04067162222, 04079611000
digilogic.ipo@kfintech.com
https://ipostatus.kfintech.com/
The Digilogic Systems IPO is a book-built issue of ₹81.01 crore, consisting of a fresh issue worth ₹69.68 crore and an Offer for Sale totaling ₹11.33 crore.
The IPO opens on January 20, 2026, and closes on January 22, 2026. Shares are expected to be listed on the BSE SME platform on January 28, 2026.
The price band is ₹98 to ₹104 per share. Retail investors must apply for a minimum of two lots, totaling 2,400 shares, requiring an investment of ₹2,49,600.
The company plans to use IPO proceeds for capital expenditure towards a new facility, partial or full repayment of borrowings, and general corporate purposes to strengthen operations.
Digilogic Systems has strong expertise in defence and aerospace engineering, end-to-end solution capabilities, reusable technology platforms, international collaborations, and an experienced leadership team.