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Digilogic Systems IPO
Price Band
₹98.0–104.0
Issue Size
₹81.0 Cr
Lot Size
1,200 shares
Min Investment
₹249,600
2 LOTS MIN
GMP
—
Issue Price
₹104.0
Digilogic Systems IPO AI Summary
- Digilogic Systems IPO is listed on BSE SME in the Aerospace & Defense sector.
- Price band: ₹98.0–₹104.0 per share, lot size 1,200 shares (min. investment ₹249,600, 2 lots minimum).
- Subscription window: 20 Jan–22 Jan 2026, listing on 28 Jan 2026.
Digilogic Systems Ltd. is set to enter the market with its IPO, aiming to raise funds for expansion and debt repayment. The company, with a strong focus on the defence and aerospace sector, has shown varying financial performance in recent periods, with a significant drop in total income in the latest 9-month reporting period. Investors should consider the company's strengths and the inherent risks associated with IPO investments.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Digilogic Systems IPO Grey Market Premium (GMP) Today
GMP not available yet
Grey Market Premium is updated daily. Check back closer to the listing date.
About the Company
Digilogic Systems Ltd. operates in the defence and aerospace engineering domain, delivering advanced solutions across automated testing, simulation, and embedded systems. The company specialises in the design, engineering, integration, manufacturing, supply, and long-term support of Automated Test Equipment (ATE), radar and electronic warfare (EW) simulators, application software, and embedded signal-processing platforms. Its operations span the end-to-end development and delivery of complex test and mission-critical systems, including system hardware, embedded software, and application-layer platforms. The company’s offerings are structured into three core verticals: (i) Test Systems, covering ATE solutions, checkout systems, and radar/EW simulators; (ii) Application Software, including data acquisition frameworks and proprietary IP cores; and (iii) Services, encompassing system integration, technology upgrades, and full lifecycle maintenance support. Digilogic provides specialised test, simulation, and embedded engineering services primarily to defence and aerospace customers, with selective applications in industrial automation. Its capabilities extend across the complete project lifecycle, from initial concept and system design through deployment, commissioning, and ongoing maintenance. The company operates from two locations. Its Hyderabad facility, spanning 10,688 sq. ft., serves as the registered office and integrated corporate centre, housing design, engineering, manufacturing, administrative, and support functions. In addition, Digilogic maintains a marketing office in Bengaluru, which focuses on business development, customer interface, and project coordination. Competitive strengths Experience in delivering Defence and Aerospace Systems. Strong industry relationships and International collaborations. End-to-end solution capabilities. Reusable engineering platforms for efficient delivery. Professional and Experienced Leadership Team with Technical and Industry Expertise.
Company Financials (₹ Cr)
As of 2025-09-30
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 64.53 | 72.57 | 35.55 | 35.49 |
| Total Income | 18.28 | 72.19 | 51.71 | 56.12 |
| Profit After Tax | 1.61 | 8.11 | 2.40 | 2.18 |
| EBITDA | 3.34 | 13.40 | 5.44 | 5.28 |
| NET Worth | 35.07 | 33.46 | 13.48 | 11.09 |
| Reserves and Surplus | 30.62 | 29.01 | 11.48 | 9.09 |
| Total Borrowing | 22.04 | 13.34 | 8.11 | 10.92 |
Key Ratios
EPS
₹3.65
NAV
₹15.04
ROE
34.57%
ROCE
34.27%
RoNW
34.57%
P/B Value
6.91
P/E Ratio
28.52
Market Cap
₹301.10 Cr
PAT Margin
11.26%
Debt/Equity
0.40
Promoters
Madhusudhan Varma Jetty&rdquo, Radhika Varma Jetty, Shashank Varma Jetty and Hitesh Varma Jetty
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Capital expenditure towards setting up of Proposed New Facility 51.68 2 Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company 8.00 3 General Corporate Purposes 4.18 4 Issue Expenses 6.75 Total 70.61
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total Income was ₹56.12 Cr in the year ending 31 Mar 2023, increasing to ₹51.71 Cr by 31 Mar 2024. This figure rose significantly to ₹72.19 Cr by 31 Mar 2025, before dropping to ₹18.28 Cr as of 30 Sep 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹2.18 Cr for the year ending 31 Mar 2023, increasing to ₹2.40 Cr by 31 Mar 2024. This rose to ₹8.11 Cr by 31 Mar 2025, before falling to ₹1.61 Cr as of 30 Sep 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.
Grey Market Premium, Explained
The grey market refers to the unofficial trading of shares before they are listed on the stock exchange. It provides an indication of market sentiment towards an IPO, with the Grey Market Premium (GMP) reflecting the expected listing price compared to the issue price. A high GMP may suggest strong demand, while a low or negative GMP may indicate weaker interest.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's fundamentals, market conditions, and sector performance.
Who May Want to Wait
Investors with a low risk tolerance or those seeking stable, income-generating investments may want to avoid IPOs like this, which can be subject to high volatility and uncertainty in the early stages of trading.
IPO Timeline, Explained
The IPO process includes several key dates: the issue opens on 20 January 2026 and closes on 22 January 2026. Allotment of shares will be done on 23 January 2026, and the shares are expected to be listed on the stock exchange on 28 January 2026.
Listing Gains — The Risk
Listing-day gains can be unpredictable and depend on various factors, including market conditions and investor sentiment. While some IPOs may experience a surge in price on their debut, others may see declines. Investors should be prepared for potential volatility and should not rely solely on listing gains as a measure of an IPO's success.
This evaluation is generated from Digilogic Systems's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is the price band of Digilogic Systems IPO?
The price band of Digilogic Systems IPO is ₹98.0–₹104.0 per share.
When does Digilogic Systems IPO open and close?
Digilogic Systems IPO opens on 20 January 2026 and closes on 22 January 2026.
When does Digilogic Systems IPO list on the stock exchange?
Digilogic Systems IPO listed on 28 January 2026 at ₹104.0.
What is the lot size for Digilogic Systems IPO?
The lot size for Digilogic Systems IPO is 1200 shares, requiring a minimum investment of ₹249,600 (2 lots).
What is the price band for the Digilogic Systems IPO?
The price band for the Digilogic Systems IPO is ₹98.0 to ₹104.0.
What is the minimum investment required?
The minimum investment required is ₹249,600.
What is the lot size for this IPO?
The lot size for the Digilogic Systems IPO is 1200 shares.
When does the IPO open and close?
The IPO opens on 20 January 2026 and closes on 22 January 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the shares compared to the issue price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
20 Jan 2026
Close
22 Jan 2026
Allotment
23 Jan 2026
Listing
28 Jan 2026
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