Digilogic Systems IPO

Listed SME IT Systems
Open Jan 20
Close Jan 22
Allotment Jan 23
Refund Jan 27
Listing Jan 28

Market Sentiment

Grey Market Premium What is GMP?
+Rs 0
+0.0%
Est. Listing: Rs 104
Updated: Feb 28, 2026 12:00 am
View Full GMP History →
Subscription Status
QIB
1.60x
bNII (>10L)
0.69x
sNII (2-10L)
0.86x
Retail
1.08x
Total
1.17x
Updated: Mar 07, 2026 12:41 am IST
Analysis Score 38 / 100
Avoid
Data: 78%
GMP Score 40
Subscription Score 25
Financial Health 81

Market Lot Size

Category Lots 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 Details

Issue Price₹99-104 per equity share
Face Value₹10 Per Equity Share
Lot Size 1200 shares (Min ₹1,24,800)
Total Issue Size ₹81.00 crore
Fresh Share₹69.68 crore
Offer For Sale₹11.32 crore
Issue TypeBook Build Issue
Lead ManagerIndorient Financial Services Ltd.
RegistrarKfin Technologies Ltd.
Listing atBSE
Listing Price₹79.05
Listing Gain-23.99%

IPO Reservation

Category Shares Offered
QIB16,83,600
NII (HNI)11,72,400
bNII > ₹10L7,82,400
sNII < ₹10L3,90,000
Retail27,33,600
Anchor22,18,800

Financial Analysis

Financial Data
ROE
34.57%
ROCE
34.27%
Debt/Equity
0.40
NAV/Share
Rs 15.04
Revenue Growth
39.61%
Profit Margin
11.23%
Financial Performance
Metric 2023 2024 2025 Sep 2025
Revenue 56.12 51.71 72.19 18.28
Expense 53.15 48.49 61.34 16.11
Profit (PAT) 2.18 2.40 8.11 1.61
Total Assets 35.49 35.55 72.57 64.53
Values in Crores (₹)
Peer Comparison
Company P/E EPS Market Cap (Cr)
DCX Systems Limited 53.65 3.49 3
Zen Technologies Limited 40.31 32.07 28
Data Patterns (India) Limited 66.91 39.62 16
Apollo Micro System Limited 132.45 1.86 10
Promoters & Holding Pattern

Promoters: Mr. Madhusudhan Varma Jetty”, Mrs. Radhika Varma Jetty, Mr. Shashank Varma Jetty and Mr. Hitesh Varma Jetty

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 2,22,52,630 88.50%

Company Information

About Digilogic Systems

Digilogic Systems Limited, founded in 2011, is a leading company that offers test solutions and simulation systems for the defence and aerospace sectors. From design, development, integration, and manufacturing to supply, Digilogic Systems provides end-to-end solutions for defence and aerospace engineering needs. Its offerings are divided into 3 segments, 1. Test systems, including automated test equipment, checkout systems, and radar/electronic warfare simulators. 2. Application Software, such as data collection platforms and ready-made technology components. 3. Services, such as system integration and upgrades. With 17 years of experience in the Defence and Aerospace engineering sector, Digilogic has been known to offer Automated Test Equipment and Data Acquisition Systems built using open bus architectures such as cPCI, PXI, VXI, VME, and LXI. The company operates its 2 manufacturing facilities in 10,688 sq. ft in Hyderabad.

Objects of the Issue
Purpose Amount (Cr)
Capital expenditure towards setting up of Proposed New Facility 51.74
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company 8.00
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
January 19, 2026
Shares Offered to Anchors
22,18,800
Lock-in End (30 Days, 50%)
February 22, 2026
Lock-in End (90 Days, 50%)
April 23, 2026
Company Contact Information

Digilogic Systems Ltd., #102, 1ST Floor, DSL Abacus Tech Park,, Uppal Kalsa Village Uppal Ma, Rangareddy, Rangareddi, Telangana, 500039

Frequently Asked Questions

Digilogic Systems IPO is SME IPO. The company is going to raise ₹81 Crores via IPO. The issue is priced at ₹98 to ₹104 per equity share. The IPO is to be listed on BSE.

The IPO is to open on January 20, 2026 for QIB, NII, and Retail Investors. The IPO will close on January 22, 2026.

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

You can apply for Digilogic Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

Digilogic Systems IPO issue size is ₹81 crores.

Digilogic Systems IPO Price Band is ₹98 to ₹104.

The minimum bid is 2,400 Shares with ₹2,49,600 amount.

Digilogic Systems IPO allotment date is January 23, 2026.

Digilogic Systems IPO listing date is January 28, 2026. The IPO is to list on BSE.

Understanding Grey Market Premium (GMP)

The Grey Market Premium (GMP) is an unofficial indicator of how an IPO's shares are trading in the grey market before they are officially listed on a stock exchange. It reflects investor sentiment and demand for the IPO shares ahead of listing day.

How does it work? The grey market is an informal, over-the-counter market where investors buy and sell IPO shares before the official listing date. If an IPO has a positive GMP, it suggests that investors expect the stock to list above its issue price. A negative GMP indicates expectations of a listing below the issue price.

Example: If an IPO has an issue price of ₹100 and the GMP is ₹50, the expected listing price would be approximately ₹150 (issue price + GMP). This translates to an estimated listing gain of 50%.

Factors that influence GMP:

  • Subscription levels — Higher subscription typically drives GMP up
  • Market conditions — Bullish markets tend to boost GMP across all IPOs
  • Company fundamentals — Strong financials and growth potential attract premium
  • Industry sentiment — Positive outlook for the sector can increase demand
  • IPO pricing — Reasonably priced IPOs relative to peers tend to command higher GMP

Disclaimer: GMP is an unofficial metric from the grey market and is not regulated by SEBI or any stock exchange. GMP values fluctuate frequently and should not be the sole basis for investment decisions. Always consider company fundamentals, financial health, and your own risk appetite before investing in any IPO.

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