
Digilogic Systems Limited is a technology-focused company specializing in the design, development, manufacturing, and support of critical systems for the defence and aerospace sectors. Its core offerings include Automated Test Equipment (ATE), radar and Electronic Warfare (EW) simulators, custom application software, and embedded signal processing solutions. The company primarily serves government entities and public sector undertakings, providing integrated solutions from concept to lifecycle support for mission-critical applications.
Jan 20, 2026
Jan 22, 2026
Jan 28, 2026
SME
Closed
81.01 Cr
69.68 Cr
11.33 Cr
₹98 - ₹104
1200
The net proceeds from the Fresh Issue are proposed to be utilized for the following objectives:
Funding capital expenditure of ₹51.74 crores towards setting up a new facility with a built-up area of approximately 6,050 sq. mts., which will include an in-house environmental test facility to enhance operational capabilities and reduce outsourcing.
Utilizing ₹8.00 crores for the pre-payment or repayment, in part or full, of certain outstanding borrowings to reduce existing debt, maintain a favourable debt-equity ratio, and free up internal accruals for business growth.
Allocating the remaining balance for general corporate purposes, including funding growth opportunities, business development initiatives, meeting working capital needs, and other operational expenses to support overall business expansion.
28.52
3.65
34.57%
34.27%
34.57%
—
11.26%
18.6%
6.91
Over 18 years of experience in delivering complex systems for high-entry-barrier defence and aerospace sectors.
Strong relationships with key Indian defence institutions and international collaborations for technical know-how.
Provides integrated end-to-end solutions from system design and prototyping to manufacturing and post-deployment support.
Led by an experienced management team with deep technical expertise and significant domain knowledge in defence.
High dependence on a limited number of key customers, primarily government defence entities.
Significant reliance on a few key suppliers for critical components, leading to concentration risk.
Revenue is susceptible to delays in government procurement cycles and tendering processes.
Business operations are working capital intensive, as indicated by the Net Working Capital Days.
Growing Indian defence budget and government's focus on indigenization through 'Make in India' and 'Aatmanirbhar Bharat' initiatives.
Expansion into international markets for customized validation and simulation systems.
Increasing demand for advanced testing solutions in emerging domains like unmanned systems, AI/ML, and space missions.
Planned new facility to enhance in-house manufacturing and environmental testing capabilities, enabling vertical integration.
Consolidated and competitive market with several established players offering end-to-end solutions.
Changes in government defence policies, budget allocations, or procurement priorities can impact business.
Dependence on imported components exposes the company to foreign exchange fluctuations and supply chain disruptions.
Rapid technological advancements require continuous innovation and R&D investment to remain competitive.
Digilogic Systems Limited is a technology-focused company specializing in the design, development, manufacturing, and support of critical systems for the defence and aerospace sectors. Its core offerings include Automated Test Equipment (ATE), radar and Electronic Warfare (EW) simulators, custom application software, and embedded signal processing solutions. The company primarily serves government entities and public sector undertakings, providing integrated solutions from concept to lifecycle support for mission-critical applications.
The Digilogic Systems Ltd. IPO is scheduled to open for subscription on Jan 20, 2026 and close on Jan 22, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Digilogic Systems Ltd. IPO is ₹98 to ₹104. Investors can place bids within this range once the issue opens.
The minimum lot size for the Digilogic Systems Ltd. IPO is 1200 shares. The minimum investment amount ₹1,24,800.
The total issue size of the Digilogic Systems Ltd. IPO is approximately ₹81.01. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Digilogic Systems Ltd. IPO has been subscribed 0.45 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Digilogic Systems Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Digilogic Systems Ltd. are expected to list on stock exchanges on Jan 28, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Digilogic Systems Ltd. IPO are proposed to be used for The net proceeds from the Fresh Issue are proposed to be utilized for the following objectives:, Funding capital expenditure of ₹51.74 crores towards setting up a new facility with a built-up area of approximately 6,050 sq. mts., which will include an in-house environmental test facility to enhance operational capabilities and reduce outsourcing., Utilizing ₹8.00 crores for the pre-payment or repayment, in part or full, of certain outstanding borrowings to reduce existing debt, maintain a favourable debt-equity ratio, and free up internal accruals for business growth., Allocating the remaining balance for general corporate purposes, including funding growth opportunities, business development initiatives, meeting working capital needs, and other operational expenses to support overall business expansion.
Before applying for the Digilogic Systems Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.