SME
IPO ·
BSE SME
Digilogic Systems Ltd
Listed
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 so
Issue details
Price band
₹98 – ₹104
Face value
₹2
Lot size
1,200 shares
Minimum investment
₹2,49,600
Issue size
₹81.00 Cr
Fresh issue
₹65.61 Cr
Offer for sale
₹11.33 Cr
Issue type
Book Built
Exchange
BSE SME
Key dates
Opens
20 Jan 2026
Closes
22 Jan 2026
UPI mandate cut-off
5:00 PM on 22 Jan 2026
Allotment
23 Jan 2026
Refunds
27 Jan 2026
Shares in demat
27 Jan 2026
Listing
28 Jan 2026
Subscription and listing
Subscription
1.23x
Listing price
₹83.20
Registrar
Kfin Technologies Ltd
Lead manager
Indorient Financial Services
Subscription by category
Total
1.23x
Total applications
1,287
Anchor investors
Amount raised
₹23.08 Cr
Bid date
19 Jan 2026
50% lock-in ends
21 Feb 2026
Rest lock-in ends
22 Apr 2026
Listing day
Issue price
₹104
Open
₹83.20
High
₹83.20
Low
₹79.05
Day close
₹79.05
Listing gain at open
-20.00%
Issue structure
Shares reserved per category and share of the total issue
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 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%
Market Maker Shares Offered
3,90,000
5.01%
Total Shares Offered
77,88,000
100.00%
Finaccle’s quick read
Neutral
FY25 income up 40%, PAT up 238%, ROE 4.71%, D/E 0.63, post-issue P/E 93.36x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
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.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
4.71%
ROCE
4.71%
Debt / equity
0.63
PAT margin
8.87%
P/E post issue
93.36
Market cap
₹301.10 Cr
Use of IPO money
Capital expenditure towards setting up of Proposed New Facility
₹51.68 Cr
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company
₹8.00 Cr
General Corporate Purposes
₹4.18 Cr
Issue Expenses
₹6.75 Cr
Strengths
✓
: Experience in delivering Defence and Aerospace Systems
✓
Strong industry relationships and International collaborations
✓
Revenue up 40% in FY25 to ₹72.19 Cr
✓
PAT up 238% in FY25 to ₹8.11 Cr
✓
Moderate leverage: debt to equity 0.63
Risks to watch
!
Rich valuation: post-issue P/E of 93.36x
!
SME platform: large lot size and thinner trading liquidity
!
Modest PAT margin of 8.87%
Planning to take your own company public?
Every listing on this page started with a growing business that got its numbers, governance and paperwork ready for investors. If you are a promoter weighing an SME or main board IPO, we can tell you where you stand and what it will take.
Talk to our IPO Advisory team for readiness planning, or our IPO Consultancy team to run the listing end to end.
Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.