Digilogic Systems Limited IPO
Digilogic System is a technology-led company engaged in the design, development, integration, manufacturing, supply, and lifecycle support of Automated Test Equipment (ATE) systems, as well as radar and Electronic Warfare (EW) environmental simulators. The Company develops mission-critical testing and simulation solutions that enable defence and aerospace organizations to validate performance, reliability, and interoperability of complex electronic systems under realistic operational conditions. Its solutions are highly customized, software-driven, and built to meet stringent technical and regulatory requirements. The Company also provides installation, commissioning, training, and long-term maintenance support, ensuring seamless operational performance for its clients across defence, aerospace, and high-technology sectors.
Price Band₹98 - ₹104 |
Dates20 Jan - 22 Jan |
GMP₹0 (0.00%) |
Subscriptions1.09 times |
Issue Size₹81.01 Crs |
Digilogic Systems IPO Key Dates
Opening Date
20 Jan 26
Closing Date
22 Jan 26
Basis Of Allotment
23 Jan 26
Initiations Of Refund
27 Jan 26
Credit Of Shares
27 Jan 26
Listing Date
28 Jan 26
Digilogic Systems IPO Objects
- Capital expenditure towards setting up a Proposed New Facility
- Payment, in part or full, of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Digilogic Systems IPO Details
Price Band₹98 - ₹104 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹69.68 Cr (0.67 Cr Shares) |
Offer For Sale₹11.33 Cr (0.11 Cr Shares) |
Total Issue₹81.01 Cr (0.78 Cr Shares) |
Face Value₹2 per equity share |
Digilogic Systems IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
2
2,400
2,49,600
Maximum
2
2,400
2,49,600
|
|||
| Small HNI |
Minimum
3
3,600
3,74,400
Maximum
8
9,600
9,98,400
|
|||
| Big HNI |
Minimum
9
10,800
11,23,200
|
|||
Digilogic Systems IPO Subscription
Updated as on 22 Jan 2026 | 05:00:00 PM
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 1.60 | 16,83,600 | 26,95,200 |
| NII | 0.56 | 11,72,400 | 8,80,800 |
| bNII (bids above ₹10L) | 0.69 | 7,82,400 | 5,43,600 |
| sNII (bids between ₹2L to ₹10L) | 0.86 | 3,90,000 | 3,37,200 |
| Retail | 1.08 | 27,33,600 | 29,47,200 |
| Total | 1.09 | 59,79,600 | 65,23,200 |
Digilogic Systems IPO GMP
The estimated Grey Market Premium of Digilogic Systems IPO is ₹0 per share (0.00%)
The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 3,90,000 EQ. Shares |
Digilogic Systems IPO Financials
| Particulars | Sep-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue | 18.18 | 72.06 | 51.56 | 55.96 |
| PAT | 1.61 | 8.11 | 2.40 | 2.18 |
| Net Worth | 35.07 | 33.46 | 13.48 | 11.09 |
| Borrowings | 22.04 | 13.34 | 8.11 | 10.92 |
| Assets | 64.53 | 72.57 | 35.55 | 35.49 |
| NAV (₹) | 15.76 | 15.04 | 13.48 | 11.08 |
| EPS (₹) | 0.72 | 3.89 | 1.20 | 1.09 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | VALUES |
|---|---|
| EBITDA | 18.60% |
| PAT | 11.26% |
| ROE | 34.57% |
| ROCE | 34.27% |
| Debt to Equity | 0.40 |
| PE Ratio | 26.74 |
| PB Ratio | 6.91 |
| Mkt Cap (in Crs.) | 231.43 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Digilogic Systems IPO Peer Comparision
| Particulars | Digilogic Systems | DCX Systems | Zen Technologies | Data Patterns | Apollo Micro |
|---|---|---|---|---|---|
| Revenue | 72.06 | 1,083.67 | 973.64 | 708.35 | 562.07 |
| PAT | 8.11 | 38.87 | 299.33 | 221.81 | 56.36 |
| EPS (₹) | 3.89 | 3.49 | 32.07 | 39.62 | 1.86 |
| NAV (₹) | 15.04 | 103.64 | 187.09 | 269.37 | 19.85 |
| RONW | 34.57% | 3.14% | 27.85% | 15.66% | 10.02% |
| EBITDA | 18.60% | 7.81% | 44.36% | 45.36% | 45.36% |
| PAT Mrgn | 11.26% | 3.59% | 30.74% | 31.31% | 10.03% |
| PE Ratio | 26.74 | 53.65 | 40.31 | 66.91 | 132.45 |
| Debt to Equity | 0.40 | 0.38 | 0.18 | 0.22 | 0.52 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 9th, 2026 for Peers
Digilogic Systems IPO Peer Comparision
| Particulars | Digilogic Systems |
|---|---|
| Revenue | 72.06 |
| PAT | 8.11 |
| EPS (₹) | 3.89 |
| NAV (₹) | 15.04 |
| RONW | 34.57% |
| EBITDA | 18.60% |
| PAT Mrgn | 11.26% |
| PE Ratio | 26.74 |
| Debt to Equity | 0.40 |
| DCX Systems | Zen Technologies | Data Patterns | Apollo Micro |
|---|---|---|---|
| 1,083.67 | 973.64 | 708.35 | 562.07 |
| 38.87 | 299.33 | 221.81 | 56.36 |
| 3.49 | 32.07 | 39.62 | 1.86 |
| 103.64 | 187.09 | 269.37 | 19.85 |
| 3.14% | 27.85% | 15.66% | 10.02% |
| 7.81% | 44.36% | 45.36% | 45.36% |
| 3.59% | 30.74% | 31.31% | 10.03% |
| 53.65 | 40.31 | 66.91 | 132.45 |
| 0.38 | 0.18 | 0.22 | 0.52 |
All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of January 9th, 2026 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Madhusudhan Varma | 60.73% |
| Radhika Varma | 27.31% |
| Others | 0.46% |
| Total | 88.50% |
Management Details
| Name | Designation |
|---|---|
| Madhusudhan Varma | Chairman & MD |
| Shashank Varma | CEO |
| Sriharsha Vadakattu | CFO |
Company Details
Name: Digilogic Systems Limited
Address: #102, 1ST Floor, DSL Abacus Tech Park Uppal Kalsa Village, Uppal Mandal, Rangareddy, Telangana, India - 500039
Number: + 040 4547 4601
Email: cs@digilogicsystems.com
Website: www.digilogicsystems.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Digilogic Systems IPO is a SME IPO having an issue size of Rs. ₹81.01 Crs. Digilogic Systems IPO is priced at ₹98 - ₹104 per share. The issue opens on 20 Jan 26 and closes on 22 Jan 26.
Digilogic Systems IPO opens on 20 Jan 26 and closes on 22 Jan 26.
The estimated Grey Market Premium of Digilogic Systems IPO is ₹0 per share (0.00%).
The minimum lot size of Digilogic Systems IPO is 1200 shares & the minimum application amount is Rs. 124800.
The allotment date of Digilogic Systems IPO is 23 Jan 26.
The listing date of Digilogic Systems IPO is 28 Jan 26.
Digilogic Systems IPO is subscribed 1.09 times.
Digilogic Systems IPO is priced at ₹98 - ₹104 per share.
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