Digilogic Systems Limited is a technology-driven company operating in the defence and aerospace engineering sector, with core expertise in the design, development, integration, manufacturing, supply, and long-term support of advanced electronic systems. The company focuses on mission-critical solutions such as Automated Test Equipment (ATE), radar and Electronic Warfare (EW) simulators, application software, and embedded signal processing platforms.
The company undertakes end-to-end execution of complex engineering projects, covering conceptual design, development, manufacturing, assembly, integration, testing, and post-deployment support.
Its business is structured into three principal verticals:
- Test Systems, which include ATE systems, checkout and validation systems, and radar/EW simulators used for testing and simulation of defence and aerospace electronics.
- Application Software, comprising data acquisition systems, signal processing software, and proprietary intellectual property (IP) cores
- Services, covering system integration, upgrades, modernization, repairs, and lifecycle maintenance support.
Digilogic delivers specialised test, simulation, and embedded engineering services primarily to customers in the defence and aerospace ecosystem, including strategic and government-linked programs. While its core focus remains defence and aerospace, certain solutions have limited applications in industrial automation.
The company’s solutions span the entire project lifecycle, from initial concept and system architecture to deployment, upgrades, and long-term operational support, enabling long-standing customer relationships.
Digilogic operates through two facilities. Its 10,688 sq. ft. registered office and corporate facility in Hyderabad houses design, engineering, manufacturing, administrative, and business support operations. In addition, the company maintains a marketing office in Bangalore, dedicated to business development, customer engagement, and project coordination.
Digilogic Systems IPO – Details
| IPO Opening Date | 20 January 2026 |
| IPO Closing Date | 22 January 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 77,89,196 Shares Worth ₹81.00 Crore Fresh Issue: 66,99,596 Shares Worth ₹70.00 Crore Offer For Sale: 10,89,600 Shares Worth ₹11.00 Crore |
| Face Value | ₹2 per equity share |
| IPO Price | ₹98 – ₹104 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Kfin Technologies Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Digilogic Systems IPO – Date Schedule
| IPO Open Date | 20 January 2026 |
| IPO Close Date | 22 January 2026 |
| Basis of Allotment | 23 January 2026 |
| Initiation of Refund | 27 January 2026 |
| Credit of Shares to Demat | 27 January 2026 |
| IPO Listing Date | 28 January 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 22, 2026 |
Digilogic Systems IPO – Lots Size & Price
| 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 |
Competitive Strength
- Experience in delivering Defence and Aerospace Systems.
- Strong industry relationships and International collaborations.
- End-to-end solution capabilities.
- Reusable engineering platforms for efficient delivery.
- Professional and Experienced Leadership Team with Technical and Industry Expertise.
Company Promoters
- Mr. Madhusudhan Varma Jetty
- Mrs. Radhika Varma Jetty
- Mr. Shashank Varma Jetty
- Mr. Hitesh Varma Jetty
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹56.12 Cr | ₹53.15 Cr | ₹2.18 Cr | ₹10.92 Cr |
| 31 March 2024 | ₹51.71 Cr | ₹48.49 Cr | ₹2.40 Cr | ₹8.11 Cr |
| 31 March 2025 | ₹72.19 Cr | ₹61.34 Cr | ₹8.11 Cr | ₹13.34 Cr |
| 30 September 2025 | ₹18.28 Cr | ₹16.11 Cr | ₹1.61 Cr | ₹22.04 Cr] |
Key Performance Indicator
| KPI | Values (Sep 30, 2025) |
|---|---|
| ROE | 4.71% |
| ROCE | 4.71% |
| Debt/Equity | 0.63 |
| RoNW | 4.71 |
| PAT Margin | 8.87 |
| EBITDA Margin | 18.39 |
| Price to Book Value | – |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.65 | 1.11 |
| P/E (x) | 28.52 | 93.36 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital expenditure towards setting up the Proposed New Facility. | ₹51.74 |
| Pre-payment/ re-payment, in part or in full, of certain outstanding borrowings availed by the Company. | ₹8.00 |
| General corporate purposes. | – |
✅Strengths
- Operates in high-entry-barrier defence & aerospace electronics segment.
- End-to-end capabilities: design to manufacturing, integration & support.
- Diversified offerings across Test Systems, Software & Services.
- High customization & technical complexity creates customer stickiness.
- Experienced promoters and engineering team.
- Capacity expansion planned to support future growth.
⚠️Risks
- High dependence on defence sector & government spending.
- Project-based revenue exposes business to execution delays.
- Customer concentration risk from limited large clients.
- Regulatory & approval delays can impact timelines.
- Working capital intensive due to milestone-based payments.
- Technology obsolescence risk in fast-evolving defence electronics.
Digilogic Systems IPO Promoter Holding
| Pre-Issue Share Holding | 88.50% |
| Post Issue Share Holding | – |
Digilogic Systems IPO Prospectus
Company Contact Information
| Digilogic Systems Ltd #102, 1ST Floor DSL Abacus Tech Park, Uppal Kalsa Village Uppal Ma, Rangareddy Rangareddi, Telangana, 500039 Phone: +040 4547 4601 Email: cs@digilogicsystems.com Website: https://digilogicsystems.com/ |
Digilogic Systems IPO Registrar
| Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: digilogic.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |
Digilogic Systems IPO Lead Manager(s)
| 1. Indorient Financial Services Ltd. |
Digilogic Systems IPO FAQ
| What is the Digilogic Systems IPO? Digilogic Systems IPO is an SME IPO. The issue is priced at ₹98 – ₹104 per equity share. The IPO is to be listed on BSE SME. |
| When will Digilogic Systems IPO open? The IPO is to open on 20 January 2026 for QIB, NII, and Retail Investors. |
| What is Digilogic Systems IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Digilogic Systems IPO Size? Digilogic Systems IPO size is ₹81.00 Crore. |
| What are the Digilogic Systems IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 2400 Shares for ₹2,49,600, while the maximum bid is 2400 Shares for ₹2,49,600. |
| What is the Digilogic Systems IPO Allotment Date? Digilogic Systems IPO allotment date is 23 January 2026. |
| What is the Digilogic Systems IPO Listing Date? Digilogic Systems IPO listing date is 28 January 2026. The IPO is to be listed on the BSE SME. |
