What is the Digilogic Systems IPO?

Digilogic Systems IPO is an SME IPO of 77,89,196 equity shares of face value ₹2 aggregating up to ₹81 Crores. The issue is priced in the range of ₹98 to ₹104 per share and the minimum order quantity is 1,200 shares.

When does the Digilogic Systems IPO open and close?

The Digilogic Systems IPO opens on Tuesday, January 20, 2026, and closes on Thursday, January 22, 2026.

What is the lot size of Digilogic Systems IPO?

The Digilogic Systems IPO lot size is 1,200 shares, and the minimum amount required for a retail application at the upper price band is ₹1,24,800 for one lot.

How can investors apply for Digilogic Systems IPO?

Investors can apply for the Digilogic Systems IPO using ASBA through their internet banking or via UPI through stockbrokers offering IPO applications.

When is the basis of allotment for Digilogic Systems IPO expected?

The basis of allotment for Digilogic Systems IPO is expected to be finalized on Friday, January 23, 2026.

When will Digilogic Systems IPO shares be listed?

Shares of Digilogic Systems IPO are proposed to be listed on BSE SME with a tentative listing date of Wednesday, January 28, 2026.

Digilogic Systems

IPO

SMEBSEDefence and Aerospace Engineering

Opens

20 Jan 2026

Closes

22 Jan 2026

Listing

28 Jan 2026

Issue Size

– Cr

Price Band

₹98 – ₹104

Issue Details

Issue Size

– Cr

Fresh Issue

– Cr

OFS

– Cr

Price Band

₹98 – ₹104

Lot Size

1200

₹1,24,800

Face Value

₹2

Important Dates

Open Date

20 Jan 2026

Close Date

22 Jan 2026

Allotment

23 Jan 2026

Refund

27 Jan 2026

Listing

28 Jan 2026

About Company

Incorporated in 2011, Digilogic Systems Ltd. is engaged in the design, development, integration, manufacturing, supply, and support of Automated Test Equipment (ATE) systems, radar and Electronic Warfare simulators, application software, and embedded signal processing solutions.

The company focuses on the defence and aerospace engineering sector, with limited applications in industrial automation.

Its offerings cover the full lifecycle from concept development and design to deployment, maintenance, and lifecycle support for mission-critical systems.

Solutions are provided for test systems, simulation platforms, and embedded processing used in radar, communication, and EW applications.

The company operates through a registered office and corporate facility in Hyderabad, integrating design, engineering, administration, manufacturing, and business support functions.

It also has a marketing office in Bangalore dedicated to business development, customer engagement, and project execution in key defence and aerospace hubs.

Objects of the Issue

#	Description	Amount (₹ Cr)
1	Capital expenditure towards setting up of proposed new facility.	₹51.74
2	Pre-payment or repayment, in part or full, of certain outstanding borrowings availed by the company.	₹8
3	General corporate purposes.	–

Financial Performance

Share Reservations

QIB

16,83,600

Anchor

22,18,800

NII

11,72,400

Retail

27,33,600

Employee

Total

55,89,600

RHP Insights

AI-powered analysis from Red Herring Prospectus

AI Research

Exceptional Profit Growth

The company demonstrated a massive surge in profitability, with Profit After Tax (PAT) increasing from ₹245.32 lakhs in FY 2024 to ₹776.49 lakhs in FY 2025.

Impact: High

Niche Market Positioning

Digilogic is a uniquely positioned integrated solution provider in India's critical test, measurement, and simulation market, holding a 1.5% market share as of FY 2025.

Impact: High

High Return on Net Worth (RoNW)

The company reported a high RoNW of 33.24% for FY 2025, significantly improving from 19.92% in the previous year, reflecting efficient capital utilization.

Impact: High

Strategic Expansion into Defense & Aerospace

The company has transitioned from a partnership to a public limited entity to fuel its growth in the high-stakes defense and aerospace sectors, primarily serving DRDO and ISRO.

Impact: High

Significant Domestic Sourcing

The company successfully procures approximately 93.69% of its materials domestically (as of FY 2025), reducing reliance on international supply chains and supporting 'Make in India' initiatives.

Impact: High

SWOT Analysis

AI-generated strategic view

AI-generated

Strengths

•Experience in delivering complex defence and aerospace systems and solutions.
•End-to-end solution capabilities from design to lifecycle support.
•Reusable engineering platforms that improve delivery efficiency and reduce time-to-deploy.
•Strong industry relationships and international collaborations in defence and aerospace.
•Professional and experienced leadership team with deep technical and sector expertise.

Weaknesses

•Business performance shows fluctuations in revenue and profitability over recent years.
•Operates in a niche defence and aerospace segment where order inflows can be uneven.
•High dependence on government and defence-sector contracts, which may have long sales cycles.

Opportunities

•Increasing defence and aerospace spending in India, supporting greater demand for indigenous test and simulation systems.
•Rising focus on Make-in-India and localisation in defence electronics and testing solutions.
•Potential to expand product portfolio and address export opportunities in allied defence markets.
•Ability to leverage IPO proceeds for capacity expansion and new facility setup.

Threats

•Dependence on government procurement policies and budget allocations in defence sector.
•Competition from established domestic and international players in defence electronics and test systems.
•Project-specific risks including delays, cost overruns, and stringent qualification and certification requirements.
•Regulatory and compliance requirements in the defence domain that may increase operational complexity.