What is the GMP of Digilogic Systems Limited IPO today?

The Grey Market Premium (GMP) for Digilogic Systems Limited IPO is currently ₹0. With an upper price band of ₹104, the estimated listing price is ₹104 per share, reflecting an expected listing gain of ~0%. Grey market premiums can fluctuate based on market sentiment and subscription demand.

What is the price band and lot size for Digilogic Systems Limited IPO?

The price band for Digilogic Systems Limited IPO is ₹98 to ₹104 per equity share. The minimum lot size is 1200 shares, which requires a minimum retail application investment of ₹1,24,800.

What are the important dates for Digilogic Systems Limited IPO?

Digilogic Systems Limited IPO opens for subscription on 2026-01-20T00:00:00 and closes on 2026-01-22T00:00:00. The basis of allotment is scheduled for 2026-01-23T00:00:00, and shares are expected to list on 2026-01-28T00:00:00 on BSE, NSE.

How can I check the allotment status for Digilogic Systems Limited IPO?

You can check Digilogic Systems Limited IPO allotment status on the registrar's official portal (Maashitla Securities Pvt Ltd) or through the official BSE and NSE IPO allotment status pages using your PAN number or Application number.

How to apply for Digilogic Systems Limited IPO?

Investors can apply for Digilogic Systems Limited IPO online through ASBA (Application Supported by Blocked Amount) via their internet banking account, or via UPI using authorized stockbroking platforms like Zerodha, Groww, Angel One, and Upstox.

When does the Digilogic Systems Limited IPO open and close?

The IPO opens on 20 Jan 2026, and closes on 22 Jan 2026.

What is Digilogic Systems Limited IPO price band?

The issue price band is ₹98.00 to ₹104.00 per equity share.

What is the Digilogic Systems Limited IPO lot size?

The minimum lot size is 1200 shares per application.

What is the Digilogic Systems Limited IPO allotment date?

The allotment is scheduled on 23 Jan 2026.

Digilogic Systems Limited IPO Details - Dates, Price Band, Issue Size

All IPOs

Issue Size

81.00 Cr

Price Band

₹98.00 - ₹104.00

Lot Size

1200 Shares

Min Investment

₹2,49,600

GMP

₹0

Subscription

1.17x

₹94.85 Cr

20 Jan 2026

IPO Opens

COMPLETED

22 Jan 2026

IPO Closes

COMPLETED

23 Jan 2026

Basis of Allotment

COMPLETED

27 Jan 2027

Refunds

PENDING

27 Jan 2027

Demat Credit

PENDING

28 Jan 2026

Listing

COMPLETED

IPO Timeline

IPO OpensDONE

20 Jan 2026

IPO ClosesDONE

22 Jan 2026

Basis of AllotmentDONE

23 Jan 2026

RefundsPENDING

27 Jan 2027

Demat CreditPENDING

27 Jan 2027

ListingDONE

28 Jan 2026

About Digilogic Systems Limited IPO

Digilogic Systems IPO open date is January 20, 2026 and the IPO will close on January 22, 2026. Digilogic Systems IPO is a Book Build Issue. The company to raise around ₹81 crores via IPO that comprises fresh issue of ₹69.68 crores and offer for sale up to 10,89,600 equity shares with face value of ₹2 each.

Digilogic Systems IPO price band is ₹98 to ₹104 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Digilogic Systems IPO to list on BSE SME on January 28, 2026. The allotment of Digilogic Systems IPO date is January 23, 2026.

The company reported revenue of ₹72.19 crores in 2025 against ₹51.71 crores in 2024. The company reported profit of ₹8.11 crores in 2025 against profit of ₹2.40 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

IPO Details

Digilogic Systems Limited IPO Details and Specifications
IPO Date	20 Jan 2026 to 22 Jan 2026
Face Value	₹2 Per Share
Price Band	₹98.00 - ₹104.00
Lot Size	1200 Shares
Total Issue Size	Approx 81.00 Cr 77,88,000 Equity Shares
Fresh Issue	Approx 69.68 Cr 66,98,400 Equity Shares
Offer for Sale	Approx 11.00 Cr 10,89,600 Equity Shares
Retail Portion	35%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	28 Jan 2026
Listing At	BSE
Total Subscription Amount	₹94.85 Cr

Issue Reservation

Investor Category	Shares Offered	% Net Issue
QIB	36,98,400	49.99%
- Anchor	22,18,800	0.00%
- QIB (Ex. Anchor)	14,79,600	0.00%
NII	11,10,000	15.00%
- bNII > ₹10L	7,39,200	0.00%
- sNII < ₹10L	3,70,800	0.00%
Retail	25,89,600	35.00%
Share Holders	TBA	0.00%
Total	73,98,000	99.99%

IPO Lot Size

Application	Lots	Shares	Amount
Individual investors (Retail) (Min)	2	4,800	₹4,99,200
Individual investors (Retail) (Max)	2	4,800	₹4,99,200
S-HNI (Min)	3	7,200	₹7,48,800
S-HNI (Max)	8	19,200	₹19,96,800
B-HNI (Min)	9	21,600	₹22,46,400

About Company

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.

Contact Details

Digilogic Systems Ltd.

#102, 1ST Floor

DSL Abacus Tech Park,

Uppal Kalsa Village Uppal Ma, Rangareddy

Rangareddi, Telangana, 500039

+040 4547 4601

cs@digilogicsystems.com

Visit Website

Registrar

Maashitla Securities Pvt Ltd

040-79615565

digilogic.ipo@kfintech.com

Lead Managers

Indorient Financial Services Ltd

Day-wise GMP Trend

Date & Time	GMP (₹)	Est. Listing Price	Est. Gain (%)	Est. Profit / Lot (₹)
28-Jan-2026 02:46 PM	+₹0	₹104	+0.00%	₹0
27-Jan-2026 02:46 PM	+₹0	₹104	+0.00%	₹0
26-Jan-2026 02:46 PM	+₹0	₹104	+0.00%	₹0
25-Jan-2026 02:46 PM	+₹0	₹104	+0.00%	₹0
24-Jan-2026 02:46 PM	+₹0	₹104	+0.00%	₹0
23-Jan-2026 02:46 PM	+₹0	₹104	+0.00%	₹0
22-Jan-2026 02:46 PM	+₹0	₹104	+0.00%	₹0
21-Jan-2026 02:46 PM	+₹0	₹104	+0.00%	₹0
20-Jan-2026 02:46 PM	+₹0	₹104	+0.00%	₹0
19-Jan-2026 12:00 PM	+₹5	₹109	+4.81%	₹6,000
17-Jan-2026 12:00 PM	+₹5	₹109	+4.81%	₹6,000
16-Jan-2026 12:00 PM	+₹5	₹109	+4.81%	₹6,000

Subscription Status

Category	Subscription (x)	Shares Offered	Shares bid for	Total Amount (₹ Cr)
Anchor	1.41x	22,18,800	31,35,600	₹32.61 Cr
QIB (Ex. Anchor)	1.82x	14,79,600	26,95,200	₹28.03 Cr
NII	0.42x	11,10,000	4,61,999	₹4.80 Cr
bNII > ₹10L	0.18x	7,39,200	1,32,000	₹1.37 Cr
sNII < ₹10L	0.89x	3,70,800	3,29,999	₹3.43 Cr
Retail	1.09x	25,89,600	28,27,200	₹29.40 Cr
Total	1.17x	73,98,000	91,19,999	₹94.85 Cr

Objects of the Issue

01 Capital expenditure towards setting up of Proposed New Facility : 51.68 Cr
02 Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company : 8.00 Cr
03 General Corporate Purpose : 4.18 Cr
04 Issue Expenses : 6.75 Cr

Company Financials

Period Ended	30 SEPT 2025	31 MAR 2025	31 MAR 2024
Total Income	18.28	72.19	51.71
Profit After Tax	1.61	8.11	2.40
EBITDA	3.34	13.40	5.44
NET Worth	35.07	33.46	13.48
Reserves and Surplus	30.62	29.01	11.48
Total Borrowing	22.04	13.34	8.11

Amount in ₹ Crore

IPO Valuation - KPI

KPI	31 Mar 2025
ROCE	34.27%
Debt/Equity Ratio	0.40
Return on Net Worth (RoNW)	34.57%
PAT Margin	11.26%
EBITDA Margin	18.60%
Net Asset Value (NAV)	₹15.04
Earning Per Share (EPS)	₹3.89

Peer Comparison

Company Name	EPS (₹)	P/E (x)	NAV (₹)	RoNW (%)	Income (₹ Cr)
Ananth Technologies Private Limited	-	-	-	-	-
Apollo Micro System Limited	1.86	132.45	19.85	10.02	-
Data Patterns (India) Limited	39.62	66.91	269.37	15.66	-
Zen Technologies Limited	32.07	40.31	187.09	27.85	-
DCX Systems Limited	3.49	53.65	103.64	3.14	-

IPO Anchor Investors

Anchor Investors Letter (PDF)

Promoters and Holding Pattern

Mr. Madhusudhan Varma Jetty, Mrs. Radhika Varma Jetty, Mr. Shashank Varma Jetty, Mr. Hitesh Varma Jetty are the company's promoters of Digilogic Systems Limited.

Particular	Pre IPO	Post IPO
Promoter and Promoter Group	88.50%	64.25%
Others*	11.50%	35.75%

Strengths

Digilogic Systems claims to have over 18 years of experience delivering systems for the defence and aerospace sectors. It states that its portfolio includes radar simulators, automated test systems for aircraft programmes, and validation systems for satellite payloads.
Digilogic Systems claims to have long-standing relationships with institutions in India’s defence and aerospace ecosystem, where its solutions are deployed in core projects. It states that it is empanelled as a design partner under the Development cum Production Partner (DcPP) framework, which involves compliance with stringent technical and quality standards.
Digilogic Systems claims to have entered into arrangements with overseas entities for sharing technical know-how that supports the co-development of specialised systems. It also states that it has executed MoUs with overseas and domestic entities for development in areas such as system integration and export.
The company claims to provide end-to-end capabilities across the system development lifecycle, including system design, prototyping, embedded software development, manufacturing, hardware integration, testing, and post-deployment support. It also states that it uses reusable hardware modules and software components to support customisation and faster project execution.
The company has witnessed a consistent increase in its profit after tax (PAT). It increased from Rs 2.17 crore in FY23 to Rs 2.40 crore in FY24 and Rs 8.11 crore in FY25.

Risks

The top customer alone accounted for Rs 6.86 crore (37.75 percent) of the company’s revenue for the period ended September 30, 2025; Rs 22.23 crore (30.85 percent) in FY25; Rs 16.74 crore (32.48 percent) in FY24, and Rs 16.18 crore (28.91 percent) in FY23. The company undertakes work largely on a supply order basis rather than long-term purchase arrangements. Any failure to retain this client or any reduction in orders due to delivery schedule changes, pricing pressure, quality/quantity issues, changes in government policies, disputes, disqualification, or customer consolidation could lead to a significant drop in cash flows and liquidity.
Digilogic Systems’ revenue is heavily concentrated in its test systems segment, which is linked to the critical test, measurement, and simulation technologies market. The test systems business segment accounted for Rs 16.55 crore (91.05 percent) of the company’s revenue for the period ended September 30, 2025; Rs 63.86 crore (88.63 percent) in FY25; Rs 41.30 crore (80.11 percent) in FY24; and Rs 35.20 crore (62.89 percent) in FY23. Any slowdown in this market, driven by factors such as changes in government policies or initiatives, interest rates, or broader economic conditions, could lead to a sharp reduction in demand for the company’s test systems and materially impact its revenues and cash flows.
Digilogic Systems’ present facility and proposed new facility are both located in Hyderabad, Telangana, creating operational concentration in a single region. Any disruption at this site due to localised social unrest, natural disasters, production delays, political instability, regulatory issues, workforce productivity challenges, or quality problems can disrupt manufacturing and project execution.
The defence & aerospace industry accounted for Rs 18 crore (99.02 percent) of the company’s revenue for the period ended September 30, 2025; Rs 71.23 crore (98.85 percent) in FY25; Rs 51.45 crore (99.79 percent) in FY24, and Rs 55.51 crore (99.19 percent) in FY23. Any adverse changes in defence or space budget priorities, procurement policies, contract timelines, or programme requirements, including reductions, delays, terminations, or policy shifts under defence acquisition frameworks, could materially affect order inflows and revenue visibility.
The top supplier alone accounted for Rs 4.85 crore (36.95 percent) of the company’s total purchase for the period ended September 30, 2025; Rs 22.07 crore (41.83 percent) in FY25; Rs 14.21 crore (47.14 percent) in FY24, and Rs 15.71 crore (40.00 percent) in FY23. Any deterioration in this vendor’s ability to manufacture or deliver materials on time, shortages or delays due to capacity limitations, or increases in raw material prices could disrupt production schedules and affect sales and customer relationships.
The top supplier alone accounted for Rs 4.85 crore (36.95 percent) of the company’s total purchase for the period ended September 30, 2025; Rs 22.07 crore (41.83 percent) in FY25; Rs 14.21 crore (47.14 percent) in FY24, and Rs 15.71 crore (40.00 percent) in FY23. Any deterioration in this vendor’s ability to manufacture or deliver materials on time, shortages or delays due to capacity limitations, or increases in raw material prices could disrupt production schedules and affect sales and customer relationships.
The company and its directors are involved in certain ongoing legal proceedings. The company’s business prospects could be hit in case of adverse judgments in any of these cases.

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About Digilogic Systems Limited IPO

IPO Details

Digilogic Systems Limited IPO Details and Specifications
IPO Date	20 Jan 2026 to 22 Jan 2026
Face Value	₹2 Per Share
Price Band	₹98.00 - ₹104.00
Lot Size	1200 Shares
Total Issue Size	Approx 81.00 Cr 77,88,000 Equity Shares
Fresh Issue	Approx 69.68 Cr 66,98,400 Equity Shares
Offer for Sale	Approx 11.00 Cr 10,89,600 Equity Shares
Retail Portion	35%
Sale Type	Offer for sale
Issue Type	Bookbuilding IPO
Listing Date	28 Jan 2026
Listing At	BSE
Total Subscription Amount	₹94.85 Cr

Investor Category

Shares Offered

% Net Issue

QIB

36,98,400

49.99%

- Anchor

22,18,800

0.00%

- QIB (Ex. Anchor)

14,79,600

0.00%

NII

11,10,000

15.00%

- bNII > ₹10L

7,39,200

0.00%

- sNII < ₹10L

3,70,800

0.00%

Retail

25,89,600

35.00%

Share Holders

TBA

0.00%

Total

73,98,000

99.99%

Application

Lots

Amount

Individual investors (Retail) (Min)

4,800

₹4,99,200

Individual investors (Retail) (Max)

4,800

₹4,99,200

S-HNI (Min)

7,200

₹7,48,800

S-HNI (Max)

19,200

₹19,96,800

B-HNI (Min)

21,600

₹22,46,400

About Company

Contact Details

Digilogic Systems Ltd.

#102, 1ST Floor

DSL Abacus Tech Park,

Uppal Kalsa Village Uppal Ma, Rangareddy

Rangareddi, Telangana, 500039

+040 4547 4601

cs@digilogicsystems.com

Visit Website

Date & Time

GMP (₹)

Est. Listing Price

Est. Gain (%)

Est. Profit / Lot (₹)

28-Jan-2026 02:46 PM

+₹0

₹104

+0.00%

₹0

27-Jan-2026 02:46 PM

+₹0

₹104

+0.00%

₹0

26-Jan-2026 02:46 PM

+₹0

₹104

+0.00%

₹0

25-Jan-2026 02:46 PM

+₹0

₹104

+0.00%

₹0

24-Jan-2026 02:46 PM

+₹0

₹104

+0.00%

₹0

23-Jan-2026 02:46 PM

+₹0

₹104

+0.00%

₹0

22-Jan-2026 02:46 PM

+₹0

₹104

+0.00%

₹0

21-Jan-2026 02:46 PM

+₹0

₹104

+0.00%

₹0

20-Jan-2026 02:46 PM

+₹0

₹104

+0.00%

₹0

19-Jan-2026 12:00 PM

+₹5

₹109

+4.81%

₹6,000

17-Jan-2026 12:00 PM

+₹5

₹109

+4.81%

₹6,000

16-Jan-2026 12:00 PM

+₹5

₹109

+4.81%

₹6,000

Digilogic Systems Limited IPO Details

About Digilogic Systems Limited IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Digilogic Systems Limited IPO open and close?

What is Digilogic Systems Limited IPO price band?

What is the Digilogic Systems Limited IPO lot size?

What is the Digilogic Systems Limited IPO allotment date?

What is the Digilogic Systems Limited IPO listing date?

What is the minimum investment required in Digilogic Systems Limited IPO?

Join the discussion

Digilogic Systems Limited IPO Details

About Digilogic Systems Limited IPO

IPO Details

Issue Reservation

IPO Lot Size

About Company

Day-wise GMP Trend

Objects of the Issue

Company Financials

IPO Valuation - KPI

Peer Comparison

IPO Anchor Investors

Promoters and Holding Pattern

Strengths

Risks

Frequently Asked Questions (FAQ)

When does the Digilogic Systems Limited IPO open and close?

What is Digilogic Systems Limited IPO price band?

What is the Digilogic Systems Limited IPO lot size?

What is the Digilogic Systems Limited IPO allotment date?

What is the Digilogic Systems Limited IPO listing date?

What is the minimum investment required in Digilogic Systems Limited IPO?

Join the discussion