Digilogic Systems IPO will open for subscription on January 20, 2026, and close on January 22, 2026. This is a Book Build Issue, and the company aims to raise around ₹81 crores through the IPO. The issue includes a fresh issue worth ₹69.68 crores along with an offer for sale of up to 10,89,600 equity shares. Each equity share has a face value of ₹2.
The price band for the Digilogic Systems IPO is fixed at ₹98 to ₹104 per share. The IPO will be listed on the BSE SME platform, and the tentative listing date is January 28, 2026. The allotment is expected to be finalised on January 23, 2026.
From a financial perspective, Digilogic Systems has shown strong growth. The company reported revenue of ₹72.19 crores in FY2025 compared to ₹51.71 crores in FY2024. Net profit also increased sharply to ₹8.11 crores in FY2025 from ₹2.40 crores in the previous year. Based on the improving financials and profitability, the IPO looks more suitable for long-term investors.
Contents
Digilogic Systems IPO Details
| Particular | Details |
|---|---|
| IPO Open Date | January 20, 2026 |
| IPO Close Date | January 22, 2026 |
| Face Value | ₹2 per equity share |
| IPO Price Band | ₹98 to ₹104 per share |
| Issue Size | Approx ₹81 crores |
| Fresh Issue | Approx ₹69.68 crores |
| Offer for Sale | Approx 10,89,600 equity shares |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Digilogic Systems IPO
Open: 20-22 Jan
Issue Size: ₹81 Cr.
Objective: Raise fresh capital for business growth and expansion plans.
Exchange: BSE SME
Digilogic Systems IPO Review
Digilogic Systems operates in the defence and aerospace engineering space, which is a specialised and high-entry-barrier sector. The company has demonstrated strong revenue and profit growth in recent years, supported by rising defence spending and indigenisation initiatives in India.
Its return ratios such as ROE and ROCE are healthy, and the debt level remains under control. However, being an SME IPO, liquidity risk and order concentration are key factors to watch. Overall, the IPO appears reasonably positioned for investors with a long-term horizon and a higher risk appetite.
Track GMP: Digilogic Systems IPO GMP Today
Digilogic Systems IPO Market Lot
The minimum market lot for the Digilogic Systems IPO is 2,400 shares, requiring a minimum investment of ₹2,49,600 at the upper price band.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,49,600 |
| Retail Maximum | 2 | 2,400 | ₹2,49,600 |
| S-HNI Minimum | 3 | 3,600 | ₹3,74,400 |
| S-HNI Maximum | 8 | 9,600 | ₹9,98,400 |
| B-HNI Minimum | 9 | 10,800 | ₹11,23,200 |
IPO Reservation
| Investor Category | Shares Offered | % of Shares |
|---|---|---|
| Anchor Investor | – | – |
| QIB (Excluding Anchor) | – | 50% |
| NII | – | 15% |
| Retail | – | 35% |
Digilogic Systems IPO Anchor Investors
| Particular | Details |
|---|---|
| Anchor Bidding Date | January 19, 2026 |
| Anchor Investors List | View PDF |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Crores |
| Lock-in end date (50% – 30 Days) | February 22, 2026 |
| Lock-in end date (50% – 90 Days) | April 23, 2026 |
Digilogic Systems IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | January 20, 2026 |
| IPO Close Date | January 22, 2026 |
| Basis of Allotment | January 23, 2026 |
| Refunds Initiation | January 27, 2026 |
| Credit to Demat Account | January 27, 2026 |
| IPO Listing Date | January 28, 2026 |
| Bidding Cut-off Time | January 22, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of Digilogic Systems Limited are Mr. Madhusudhan Varma Jetty, Mrs. Radhika Varma Jetty, Mr. Shashank Varma Jetty, and Mr. Hitesh Varma Jetty.
| Particular | Shares | % Holding |
|---|---|---|
| Pre-Issue Holding | 2,22,52,630 | 88.50% |
| Post-Issue Holding | 2,89,52,226 | – |
Objects of the Issue
The company plans to utilise the IPO proceeds primarily to set up a proposed new manufacturing facility, which will strengthen its production and integration capabilities.
A portion of the funds will be used for pre-payment or repayment of certain outstanding borrowings, helping improve the balance sheet. The remaining funds will be used for general corporate purposes to support operational and growth requirements.
About Digilogic Systems Limited
Digilogic Systems Limited was incorporated in 2011 and operates in the defence and aerospace engineering sector. The company provides end-to-end solutions ranging from design and development to manufacturing and system integration.
Its business is divided into three segments: test systems such as automated test equipment and simulators, application software including data platforms and technology components, and services such as upgrades and system integration.
The company has over 17 years of experience and specialises in automated test equipment and data acquisition systems using open bus architectures like cPCI, PXI, VXI, VME, and LXI. Digilogic Systems operates two manufacturing facilities spanning 10,688 square feet in Hyderabad.
Digilogic Systems IPO Company Financial Report
Amount in ₹ Crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | 56.12 | 53.15 | 2.18 | 35.49 |
| 2024 | 51.71 | 48.49 | 2.40 | 35.55 |
| 2025 | 72.19 | 61.34 | 8.11 | 72.57 |
| Sep 2025 | 18.28 | 16.11 | 1.61 | 64.53 |
Digilogic Systems IPO Valuation – FY2025
| KPI | Value |
|---|---|
| ROE | 34.57% |
| ROCE | 34.27% |
| EBITDA Margin | 18.60% |
| PAT Margin | 11.26% |
| Debt to Equity | 0.40 |
| EPS | ₹3.89 |
| P/E Ratio | N/A |
| RoNW | 34.57% |
| NAV | ₹15.04 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| DCX Systems Ltd | 3.49 | 53.65 | 3.14% | 103.64 | – |
| Zen Technologies Ltd | 32.07 | 40.31 | 27.85% | 187.09 | – |
| Data Patterns (India) Ltd | 39.62 | 66.91 | 15.66% | 269.37 | – |
| Apollo Micro Systems Ltd | 1.86 | 132.45 | 10.02% | 19.85 | – |
| Ananth Technologies Pvt Ltd | – | – | – | – | – |
IPO Lead Managers (Merchant Bankers)
Indorient Financial Services Ltd.
Company Address
| Particular | Details |
|---|---|
| Company Name | Digilogic Systems Ltd |
| Registered Office | #102, 1st Floor, DSL Abacus Tech Park |
| Area | Uppal Kalsa Village, Uppal |
| District & State | Rangareddy, Telangana |
| PIN Code | 500039 |
| Phone | +040 4547 4601 |
| cs@digilogicsystems.com | |
| Website | https://digilogicsystems.com/ |
IPO Registrar
| Particular | Details |
|---|---|
| Registrar | KFin Technologies Ltd |
| Phone | 040 6716 2222 / 040 7961 1000 |
| digilogic.ipo@kfintech.com | |
| Website | https://ipostatus.kfintech.com/ |
Digilogic Systems IPO FAQs
What is Digilogic Systems IPO?
Digilogic Systems IPO is an SME IPO through which the company plans to raise around ₹81 crores. The IPO price band is ₹98 to ₹104 per share, and it will be listed on BSE SME.
When will Digilogic Systems IPO open?
The IPO will open on January 20, 2026, and close on January 22, 2026.
What is the investor quota in Digilogic Systems IPO?
The QIB portion is 50%, NII is 15%, and Retail investors have 35% of the issue.
How can investors apply for the IPO?
Investors can apply through ASBA via net banking, UPI through stockbrokers, or by submitting an offline application form.
What is the Digilogic Systems IPO issue size?
The total issue size is approximately ₹81 crores.
What is the price band of Digilogic Systems IPO?
The price band is ₹98 to ₹104 per share.
What is the lot size for Digilogic Systems IPO?
The minimum lot size is 2,400 shares, requiring an investment of ₹2,49,600.
What is the Digilogic Systems IPO allotment date?
The allotment is expected on January 23, 2026.
What is the Digilogic Systems IPO listing date?
The IPO is expected to list on January 28, 2026, on BSE SME.
Expert Comment
Digilogic Systems IPO comes from a technically specialised defence-focused company with improving financial metrics and healthy return ratios. While valuation clarity will depend on final pricing and peer comparison, the company’s growth trajectory and sector tailwinds are positives.
This IPO may suit informed investors with a long-term perspective and a higher risk tolerance, rather than short-term listing-gain seekers.
