
Logiciel Solutions Limited, established in 2011, is an outsourced software development firm specializing in end-to-end custom solutions for enterprises and startups, primarily in North America. The company's expertise includes Cloud Engineering, AI/ML integration, UI/UX Design, and Application Development. Operating with a hybrid model, Logiciel Solutions leverages its main development center in Ludhiana, Punjab, alongside a remote engineering workforce across India. The firm highlights its long-term client relationships, with some partnerships extending over a decade, and its strategic adoption of AI tools to enhance efficiency and accelerate software delivery.
Nov 28, 2025
Dec 02, 2025
Dec 05, 2025
SME
Closed
39.9 Cr
32.7 Cr
7.2 Cr
₹183 - ₹193
600
Our Company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:
Capital Expenditure towards upgrading of physical infrastructure: To construct and renovate the registered office in Ludhiana, adding approximately 5,600 sq. ft. of workspace to accommodate a growing workforce and enhance operational capacity.
Investment in Human Resources through Manpower hiring: To expand the team by hiring an additional 170 professionals and technical experts across Sales & Marketing, Research & Development, and Operations departments to support anticipated business growth in fiscal years 2026 and 2027.
Capital expenditure towards upgrading of IT infrastructure: To acquire and deploy high-performance hardware, advanced software tools, and robust network security solutions to enhance operational efficiency, support complex software engineering tasks, and empower development teams.
Funding for business development and marketing activities: To allocate funds towards advertising tools, marketing campaigns, and participation in industry events and exhibitions to increase brand awareness, generate new customer leads, and strengthen market presence.
General Corporate purpose: To fund general corporate requirements, including meeting working capital needs and other operational expenses.
—
—
32.8%
31.95%
32.8%
—
26.19%
38.95%
4.7
High client retention with long-term partnerships, some exceeding 12 years, ensuring stable and recurring revenue.
Early adoption and integration of AI tools across the software development lifecycle, enhancing operational efficiency and delivery speed.
Offers a comprehensive, end-to-end service portfolio including product engineering, cloud solutions, AI/ML, and UI/UX design.
Strong expertise in scaling Minimum Viable Products (MVPs) to full-stack platforms, particularly for growth-stage startups.
Significant revenue concentration with a substantial portion of business derived from a limited number of key clients.
Limited physical sales presence in the United States, which may restrict large-scale enterprise sales opportunities.
Historically reported negative cash flows from operating activities, which could impact future growth and business operations.
High attrition rates observed in certain fiscal years, posing a risk to talent retention and operational continuity.
Growing demand for AI-powered solutions presents an opportunity to leverage existing capabilities for new digital transformation projects.
Significant potential for market penetration in the U.S. by expanding outbound sales and marketing efforts.
Building brand visibility and credibility through content marketing, including success stories and thought leadership.
Forming strategic partnerships with fractional CTOs and CPOs to gain trusted access to early-stage and growth companies.
The global software development industry is highly competitive, with pricing pressure from both large IT firms and niche players.
Challenges in hiring and retaining skilled engineers, especially those with AI and cloud-native experience, could impact delivery and margins.
Economic downturns in key export markets like North America could lead to project delays or budget cuts from clients.
Increasingly stringent data privacy and security regulations may require significant investment in compliance certifications like ISO 27001 and SOC 2.