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Digilogic Systems SME IPO

Digilogic Systems IPO — date, price band, GMP & allotment 2026

Digilogic Systems, a technology and digital solutions company, is issuing its IPO to fund expansion, software development, and client acquisition. Specializing in IT services, automation, and digital transformation solutions, Digilogic Systems serves businesses across India. The IPO presents an opportunity for investors to participate in a rapidly growing tech sector with a company focused on innovation, scalability, and delivering high-quality digital solutions.

Stock price

Digilogic Systems is listed — here is the live share price.

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The verdict
Strong Apply
100 / 100 · 1 review
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Grey market premium
₹0
Unofficial market indicator
GMP history →
Subscribed
0.84×
Overall, across all categories
Under-subscribed Live subscription →
Minimum to apply
₹2,49,600
2 lots · 2400 shares at ₹104
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Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Timetable

Key dates from opening to listing. Today is 11 September.

Key dates Listed
  1. Open 20 Jan 2026
  2. Close 22 Jan 2026
  3. Allotment 23 Jan 2026
  4. Refund/credit 27 Jan 2026
  5. Listing 28 Jan 2026

Issue summary

The terms of the offer, as filed.

IPO Dates 20 to 22 Jan, 2026
Price Band ₹98 to 104
Face Value ₹2
Lot Size 1200 Shares
Issue Size ₹81 Cr. Cr
Sale Type Fresh capital cum OFS
Listing On BSE SME
Registrar KFin Technologies Limited
Min Investment ₹ 2,49,600
Reservation
QIB 49.99%
NII 15%
Retail 35%

Share of the offer set aside for each investor category, as stated in the offer document.

What will it cost me?

Bidding is in multiples of 1200 shares at the ₹104 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.

shares
lots lots
Application Lots Shares Amount
Retail (min) 2 2,400 ₹2,49,600
Retail (max) 2 2,400 ₹2,49,600
HNI (min) 3 3,600 ₹3,74,400

Three years of numbers

All figures in ₹ crore, as reported in the Digilogic Systems offer document.

Total income
18.28
52
72
18
31 Mar 202431 Mar 202530 Sep 2025
Profit after tax
1.61
2
8
2
31 Mar 202431 Mar 202530 Sep 2025
EBITDA
3.34
5
13
3
31 Mar 202431 Mar 202530 Sep 2025
Borrowing vs net worth
22.04 / 35.07
31 Mar 202431 Mar 202530 Sep 2025
Borrowing Net worth
Metric 30 Sep 2025 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 64.53 72.57 35.55 35.49
Total Income 18.28 72.19 51.71 56.12
Profit After Tax 1.61 8.11 2.40 2.18
EBITDA 3.34 13.40 5.44 5.28
NET Worth 35.07 33.46 13.48 11.09
Reserves and Surplus 30.62 29.01 11.48 9.09
Total Borrowing 22.04 13.34 8.11 10.92

See how this IPO compares — view listing performance of all SME IPOs.

Valuation & key ratios

Ratios are for the latest full financial year reported in the Digilogic Systems RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.

P/E Ratio
93.36
EPS (₹)
1.11
RoCE
34.27%
RoNW
34.57%
PAT Margin
11.26%

Digilogic Systems IPO Valuation

How the issue prices the company before and after the fresh shares are created.

Valuation Metric Post-Issue
EPS (₹) ₹1.11
P/E Ratio (x) 93.36
Market Cap at Offer Price (₹ Cr) ₹150.85

Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹104 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.

Where the money goes

₹63.86 Cr of the issue is earmarked to named objects.

Capital expenditure towards setting up of Proposed New Facility ₹51.68 Cr
Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company ₹8.00 Cr
General Corporate Purpose ₹4.18 Cr

About the company

Digilogic Systems is a technology-driven engineering company that was originally established as a partnership firm in 2007 and later incorporated as a private limited company in 2011, before becoming a public limited company in 2025. The company was founded by Mr. Madhusudhan Varma Jetty along with other promoters who have strong technical expertise in defence and aerospace electronics. Over the years, it has built a track record of delivering specialised solutions to strategic sectors in India.
The company focuses on designing, developing, and supplying advanced systems such as automated test equipment, simulators, data acquisition systems, and application software for defence, aerospace, automotive, and manufacturing industries. Its business model is largely project-based, working on government tenders and institutional orders, where it provides end-to-end turnkey solutions including system integration, testing, and lifecycle support, ensuring long-term client relationships and recurring service revenue.

Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.

Promoters
Hitesh Varma Jetty, Madhusudhan Varma Jetty&rdquo, Radhika Varma Jetty and Shashank Varma Jetty
Promoter holding
88.5% 64.25%
Pre-issue → post-issue
Registered office
#102, 1ST Floor, DSL Abacus Tech Park Uppal Kalsa Village, Uppal Ma, Rangareddy, Rangareddi, Telangana, 500039
+040 4547 4601

The bankers & the filings

Who is running the book, and the documents this page is built from.

Book-running lead manager
Indorient Financial Services View track record →

Lead Manager Track Record

How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.

Indorient Financial Services

2 issues handled (1 mainboard, 1 SME)

1 of their issues has listed so far, and 1 opened above the issue price (average +2.8%). That is too small a sample to read as a hit rate.

Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.

Company contact

Company
Digilogic Systems
Email

Frequently asked

What is the GMP of Digilogic Systems?

The current Grey Market Premium is ₹0.

What is the Digilogic Systems IPO price band?

₹98 to ₹104, on a face value of ₹2.

When is the allotment?

The basis of allotment is 23 January 2026, with listing on 28 January 2026.

How do I check allotment status?

On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.

Digilogic Systems IPO

Every number here traces back to a filing.

IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

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