Digilogic Systems IPO Details
The key details of Digilogic Systems’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹81.01 Cr |
| Price Range | ₹98 - ₹104 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2,400 |
| Investment (cut-off price) | ₹2,49,600 |
| Pre IPO Promotor Holding | 88.50% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Digilogic Systems IPO Timelines
The IPO process for Digilogic Systems includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
20/01/2026
Start Date22/01/2026
End Date27/01/2026
Refund Initiation27/01/2026
Credit of Shares to Demat Ac28/01/2026
Listing DateDigilogic Systems IPO Lot Size
The Digilogic Systems IPO has a fixed lot size of 1,200 shares, at an upper price band of ₹104 per share. For retail investors, the minimum and maximum application is 2,400 shares (2 lots) amounting to ₹2,49,600. For Small HNI (S-HNI) investors, the minimum application is 3,600 shares (3 lots) worth ₹3,74,400, while the maximum is 9,600 shares (8 lots) amounting to ₹9,98,400. Big HNI (B-HNI) investors need to apply for at least 10,800 shares (9 lots), totaling ₹11,23,200.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2400 | ₹2,49,600 |
| Retail Maximum | 2 | 2400 | ₹2,49,600 |
| S-HNI Minimum | 3 | 3600 | ₹3,74,400 |
| S-HNI Maximum | 8 | 9600 | ₹9,98,400 |
| B-HNI Minimum | 9 | 10800 | ₹11,23,200 |
Digilogic Systems IPO Subscription Status
The subscription status for Digilogic Systems IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 1.60x | 0.42x | 1.08x | -- | 1.10x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹ | ₹ | ₹ | ₹ |
Digilogic Systems IPO Company Financials
Digilogic Systems reports robust performance in FY2025 with Total Income of ₹72.19 crores, managing expenses at ₹61.34 crores, and achieving a strong PAT (Profit After Tax) of ₹8.11 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹56.12 | ₹53.15 | ₹2.18 |
| FY 2024 | ₹51.71 | ₹48.49 | ₹2.40 |
| FY 2025 | ₹72.19 | ₹61.34 | ₹8.11 |
| FY 2026 (6 M) | ₹18.28 | ₹16.11 | ₹1.61 |
About Company
Digilogic Systems Ltd., incorporated in 2011, operates in the defence and aerospace engineering sector, providing design, development, integration, manufacturing, supply, and support of Automated Test Equipment systems, radar and Electronic Warfare simulators, application software, and embedded signal processing solutions. Business activities encompass the complete lifecycle of test systems, system software, and embedded solutions, from concept and design to deployment and maintenance, with primary focus on defence and aerospace applications and limited usage in industrial automation.
Offerings are structured across three segments comprising test systems such as ATE, checkout systems, and radar and EW simulators, application software including data acquisition platforms and IP cores, and services covering system integration, upgrades, and lifecycle support. Operations are carried out through a registered office and corporate facility in Hyderabad spanning 10,688 square feet that houses design, engineering, manufacturing, administration, and support functions, along with a marketing office in Bangalore dedicated to business development, customer engagement, and project execution.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2011 | Aerospace & Defense | Jetty M Varma |
Know Before Investing
Digilogic Systems IPO Strengths
- Digilogic Systems develops automated test equipment (ATE), radar simulators, electronic warfare systems, embedded signal processing, and application software for India’s defence and aerospace sectors, serving critical national security needs.
- Multiple approvals and customer relationships with defence PSUs and private OEMs validate technical capabilities and support repeat order wins.
- Rising domestic defence production mandates, indigenisation push, and export opportunities create multi-year demand for ATE and EW solutions.
- P/E range of 28.52 – 93.36x with ₹301 crore market cap appears fair for defence tech exposure with facility expansion plans.
Digilogic Systems IPO Risks
- Heavy reliance on government PSUs and select OEMs exposes revenue to tender delays, budget reallocations, and contract renewal risks.
- Historical cash flow inconsistency despite profit growth signals potential working capital strain during project execution phases.
- 6,050 sq. m. capex project demands timely commissioning, certifications, and customer absorption; delays impact returns.
- Revenue tied to government procurement cycles, Make in India execution, and budget approvals creates lumpiness.
- Defence ATE/EW development involves R&D, testing, and qualification phases with extended payment milestones straining cash flows.
- Success hinges on retaining specialised engineers and staying ahead of EW/radar simulation tech evolution.
Swot Analysis for Digilogic Systems IPO
Strengths
Defence Test Systems Expertise, Open Architecture Platforms, End-to-End Lifecycle Support
Weaknesses
Defence Sector Concentration, Talent Intensity, Limited Commercial Diversification
Opportunities
Defence Indigenisation Push, Space Programme Expansion, Electronic Warfare Growth
Threats
Budget & Tender Risks, Technology Obsolescence, Execution Complexity
Company Details
Digilogic Systems Ltd.
#102, 1ST Floor, DSL Abacus Tech Park, Uppal Kalsa Village, Uppal Mandal, Rangareddy, Telangana, 500039
Phone: +040 4547 4601
Email: cs@digilogicsystems.com
Website: https://digilogicsystems.com/
IPO Registar Details
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: digilogic.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
FAQs
The key objectives of Digilogic Systems SME IPO are:
- Capital expenditure towards setting up of Proposed New Facility
- Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company
- General Corporate Purpose
Indorient Financial Services Ltd. is the book-running lead managers for the Digilogic Systems IPO.
Digilogic Systems is well positioned to benefit from India’s defence indigenization drive and rising defence spending of ₹6.2 lakh crore. Its niche expertise in ATE and electronic warfare, strong PSU relationships, and a new facility enhancing in house capabilities support scalable growth in high barrier defence electronics segments.
The issue price for the Digilogic Systems IPO is set between ₹98 to ₹104 per share.
To invest in two lot of Digilogic Systems IPO, you need ₹2,35,200 at the lower price band (₹98 per share) or ₹2,49,600 at the upper price band (₹104 per share) for a lot size of 2,400 shares.
Digilogic Systems IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on January 28, 2025.
Refund/unblocking of funds for Digilogic Systems IPO will begin on January 27, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Digilogic Systems IPO shares on listing day (January 28, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.