Digilogic Systems IPO is a book-built issue worth ₹81 Crore. Digilogic Systems IPO is a combination of fresh issue of ₹69.68 crores and an offer for sale of 0.11 crore shares aggregating to ₹11.33 crores. The IPO will open for subscription on January 20, 2026, and close on January 22, 2026.
The basis of allotment is expected to be finalised on January 23, 2026, with tentative listing scheduled on BSE SME on January 28, 2026. The price band for the Digilogic Systems IPO has been fixed at ₹98 to ₹104 per share.
Investors can bid for Digilogic Systems IPO with a minimum of 2 lots, having 2,400 Shares. For retail investors, the minimum investment required is ₹2,49,600. For high-net-worth investors (bHNI), the lot size stands at 9 lots, equal to 10,800 shares, amounting to ₹11,23,200.
Indorient Financial Services Ltd is the book running lead manager (BRLM), and Kfin Technologies Ltd is the registrar of the issue. Detailed information is available at the Digilogic Systems IPO RHP.
Digilogic Systems IPO Objectives
The company proposes to use the funds raised from the fresh issue for the following:
- Capital expenditure for establishing anew facility
- Pre-payment/ re-payment, in part or in full, of certain outstanding borrowings availed by the company
- General corporate purposes
About Digilogic Systems Limited
Incorporated in 2011, Digilogic Systems Ltd. specialises in the design, development, integration, manufacturing, supply, and support of Automated Test Equipment (ATE) systems, radar and electronic warfare (EW) simulators, application software, and embedded signal processing solutions for the defence and aerospace sectors.
The company’s operations encompass end-to-end solutions—from conceptual design and system development to manufacturing, assembly, integration, and post-deployment support. Its offerings are organised into three primary segments:
- Test Systems – including ATE, checkout systems, and radar/EW simulators.
- Application Software – covering data acquisition platforms and IP cores.
- Services – encompassing system integration, upgrades, and lifecycle support.
Digilogic delivers specialised expertise in test, simulation, and embedded systems, serving defence and aerospace clients while selectively catering to industrial automation applications. Its solutions are designed to cover the entire project lifecycle, from initial concept and design to deployment, maintenance, and operational support.
The company operates through two key facilities:
- A 10,688 sq. ft corporate and registered office in Hyderabad, housing design, engineering, manufacturing, administration, and business support functions.
- A marketing office in Bangalore, focused on business development, client engagement, and project execution.
Industry Outlook
- The Union Budget 2025–26 emphasises promoting homegrown technology and public-private collaborations in the space sector.
- Allocation of funds supports advanced space missions and initiatives to strengthen India’s technological capabilities.
- Satellite Technology Integration – Funding is directed toward applying satellite-based solutions in agriculture, disaster management, and smart city planning.
- Space programs are coordinated with initiatives like the National Geospatial Mission and National Manufacturing Mission to drive self-reliance in advanced technology.
How To Apply for the Digilogic Systems IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Digilogic Systems IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Digilogic Systems IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Digilogic Systems IPO
#102, 1ST Floor, DSL Abacus Tech Park, Uppal Kalsa Village, Uppal Mandal, Rangareddy, Telangana, India - 500039
Phone:+ 040 4547 4601
E-mail:cs@digilogicsystems.com
Digilogic Systems IPO Reservation
| Investor Category | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Digilogic Systems IPO Lot Size Details
| Application | Lots | Shares | Amount |
| Retail (Min) | 2 | 2,400 | ₹2,49,600 |
| Retail (Max) | 2 | 2,400 | ₹2,49,600 |
| S-HNI (Min) | 3 | 3,600 | ₹3,74,400 |
| S-HNI (Max) | 8 | 9,600 | ₹9,98,400 |
| B-HNI (Min) | 9 | 10,800 | ₹11,23,200 |
Digilogic Systems IPO Promoter Holding
Mr. Madhusudhan Varma Jetty, Mrs. Radhika Varma Jetty, Mr. Shashank Varma Jetty, and Mr. Hitesh Varma Jetty are the promoters of the company.
| Share Holding Pre-Issue | 88.50% |
| Share Holding Post Issue | - |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Digilogic Systems IPO
| KPI (As of Sep 30, 2025) | Value |
| ROE (%) | 4.71 |
| ROCE (%) | 4.71 |
| RoNW (%) | 4.71 |
| PAT Margin (%) | 8.87 |
| EBITDA Margin (%) | 18.39 |
Digilogic Systems IPO Registrar and Lead Managers
Digilogic Systems IPO Lead Managers
Indorient Financial Services Ltd.
Registrar for Digilogic Systems IPO
Kfin Technologies Ltd
Contact Number:+91 40 6716 2222
Email Address:digilogic.ipo@kfintech.com
Financial Performance of Digilogic Systems Limited
| Particulars | Period Ended on Sep 30, 2025 | Year ending on March 31, 2025 | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
| Revenue from Operations (₹ In lakhs) | 1,817.73 | 7,205.98 | 5,155.93 | 5,596.23 |
| EBITDA (₹ In lakhs) | 334.26 | 1,339.96 | 544.45 | 527.65 |
| EBITDA % | 18.39% | 18.60% | 10.56% | 9.43% |
| PAT (₹ In lakhs) | 161.26 | 811.35 | 239.96 | 217.51 |
| PAT % | 8.87% | 11.26% | 4.65% | 3.89% |
| ROE % | 4.71% | 34.57% | 19.53% | 21.76% |
| ROCE % | 4.71% | 34.27% | 19.10% | 20.68% |
| Return on Networth % | 4.71% | 34.57% | 19.53% | 21.76% |
| Debt to Equity (in times) | 0.63 | 0.40 | 0.60 | 0.98 |
Digilogic Systems Peer Details
| Name of the Company | Current Market Price (₹) | Face Value (₹) | Basic EPS (₹) | P/E (x) times | RoNW (%) |
| Digilogic Systems Limited | • | 2.00 | 3.89 | • | 34.57 |
| Peer Group | |||||
| DCX Systems Limited | 187.25 | 2.00 | 3.49 | 53.65 | 3.14 |
| Zen Technologies Limited | 1,292.65 | 1.00 | 32.07 | 40.31 | 27.85 |
| Data Patterns (India) Limited | 2,650.85 | 2.00 | 39.62 | 66.91 | 15.66 |
| Apollo Micro System Limited | 246.35 | 1.00 | 1.86 | 132.45 | 10.02 |
Strengths and Opportunities of Digilogic Systems Limited
- The company brings over 18 years of expertise in delivering mission-critical defence and aerospace systems, including radar simulators and satellite payload validation solutions.
- It maintains long-standing partnerships with key Indian defence and aerospace institutions, with solutions deployed in core national projects.
- The company offers integrated solutions covering the full lifecycle—from system design and prototyping to testing, deployment, and post-delivery support.
- A modular repository of hardware and software components enables efficient customisation, reduced development timelines, and cost-effective project execution.
- The leadership team combines strong technical expertise with deep industry knowledge, supporting innovation and strategic decision-making.
- The strategy focuses on strengthening subsystem capabilities and expanding offerings in AI-enabled testing, unmanned systems, RF subsystems, and space mission support.
- Growth is aligned with defence indigenisation initiatives while strengthening export readiness to serve international customers with customised validation and simulation systems.
Risks and Threats of Digilogic Systems Limited
- Delays in regulatory approvals, procurement of equipment, or commissioning of the proposed facility could adversely impact operations and financial performance.
- There is no assurance that the intended objectives of fund deployment will be achieved within the expected timeframe or generate value for investors.
- Past inconsistencies in corporate filings and delays in statutory returns may result in penalties, increased regulatory scrutiny, or reputational impact.
- The company has experienced negative cash flows previously and may continue to face liquidity pressures affecting business sustainability.
- A significant portion of revenue is derived from a limited number of key customers, making the business vulnerable to demand fluctuations or loss of major clients.
- Adverse developments in the critical test, measurement, and simulation technologies market could materially affect growth, revenues, and profitability.
- Cyber-attacks, data breaches, or non-compliance with covenants related to the new facility land agreement could disrupt operations and impact financial results.
