Digilogic Systems Limited IPO subscription window runs 20 – 22 January 2026, priced at ₹98-104 a share. The ₹81.01-crore offer is set to debut on BSE SME come 28 January 2026. Full particulars are available on
📅 IPO Important Dates
Here are the key dates for the Digilogic Systems Limited IPO:
| Event | Date |
|---|---|
| IPO Opening Date | 20 January 2026 |
| IPO Closing Date | 22 January 2026 |
| Basis of Allotment | 23 January 2026 |
| Refund Initiation | 27 January 2026 |
| Shares Credited to Demat | 27 January 2026 |
| Listing Date | 28 January 2026 |
The IPO is proposed to be listed on the BSE SME platform.
💰 Issue Size & Price Band
| Particulars | Details |
|---|---|
| Price Band | ₹98 – ₹104 per equity share |
| Face Value | ₹2 per share |
| Total Issue Size | ~₹81.01 crore |
| Fresh Issue | ~66,99,596 shares (~₹69.68 cr) |
| Offer for Sale (OFS) | ~10,89,600 shares (~₹11.33 cr) |
| Issue Type | Book Built Issue |
The IPO consists of a fresh issue of shares along with an offer for sale by existing shareholders.
📊 Market Lot Size & Investment Requirement
| Investor Category | Lot Size (Shares) | Approx Investment (at ₹104) |
|---|---|---|
| Retail Investor – Minimum | 2,400 shares | ₹2,49,600 |
| Retail Investor – Maximum | 2,400 shares | ₹2,49,600 |
| S-HNI (Small HNI) – Minimum | 3,600 shares | ₹3,74,400 |
| S-HNI – Maximum | 9,600 shares | ₹9,98,400 |
| B-HNI (Big HNI) – Minimum | 10,800 shares | ₹11,23,200 |
Investors are required to apply in multiples of 1,200 shares per lot, and retail investors must bid for at least 2 lots (2,400 shares).
🏢 About the Company (About Share)
Digilogic Systems Limited is a technology company based in Hyderabad, India, specialising in automated test equipment, systems and application software primarily serving the defence and aerospace sectors. The company designs, develops and manufactures complex test, measurement and simulation solutions that support defence electronics, aerospace systems and mission-critical applications. Its offerings include hardware and software products that test, evaluate and ensure the reliability of advanced systems before deployment. (Business Standard)
📦 Key Products & Solutions
Digilogic Systems provides a range of specialised solutions, including:
- Automated Test Equipment (ATE) for defence electronics
- Measurement and simulation systems for radar, communication, avionics and aerospace applications
- Custom defence and aerospace test solutions tailored to government and strategic clients
- Software-driven test platforms and support services
These solutions are critical for ensuring performance, reliability and compliance of defence and aerospace systems.
📈 Financial Performance Snapshot
Here’s a snapshot of the company’s recent financial performance:
| Period | Revenue (₹ crore) | Profit After Tax (₹ crore) |
|---|---|---|
| 2023–24 | ~₹51.71 cr | ~₹2.40 cr |
| 2024–25 | ~₹72.19 cr | ~₹8.11 cr |
| 2025–26 | ~₹18.28 cr | ~₹1.61 cr |
The company has shown year-on-year revenue and profit growth, indicating expanding operations and improving margins.
🎯 IPO Objectives (Use of Funds)
According to the Red Herring Prospectus, the company intends to use the IPO funds for the following purposes:
- Capital expenditure for establishing a new facility.
- Pre-payment or repayment of certain borrowings availed by the company.
- General corporate purposes including working capital and offer expenses.
These objectives are designed to enhance production capacity and strengthen the company’s financial position.
🧾 Allotment & Listing Process
Here’s how the allotment and listing process will unfold:
- The basis of allotment will be finalised on 23 January 2026.
- Refunds to unsuccessful applicants will begin on 27 January 2026.
- Shares credited to Demat accounts on 27 January 2026.
- The shares are expected to be listed on the BSE SME platform on 28 January 2026.
Investors can check the allotment status through the registrar’s website after allotment.
⭐ IPO Review – Strengths & Considerations
✔ Strengths
- Technology-led defence and aerospace solutions, catering to highly specialised markets.
- Revenue and profit growth demonstrated in recent financial years.
- Increased focus on indigenous Make-in-India defence technology initiatives supports long-term demand.
- Experienced technical and management team with sector expertise.
⚠ Considerations
- The defence and aerospace market can be subject to government procurement cycles and budgetary changes.
- The company’s operational scale is currently moderate; expansion relies on successful execution of capital expenditure plans.
- As an SME IPO, post-listing liquidity may be lower compared with mainboard IPOs. Investors should be prepared for potential volatility.
❌ Weaknesses
- Dependency on a limited number of customers in government and defence sectors may expose revenue to contract timings and renewals.
- Execution risk related to setting up the proposed new facility — delays could impact expansion plans. (IPOUPDATES)
- Competition from larger defence technology firms could pressure margins and market share in certain segments.
DISCLAIMER
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
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