Logiciel Solutions Limited is an outsourced software development partner specializing in building end-to-end custom technology solutions for startups, scaleups, and enterprises across the globe. The company has evolved into a trusted offshore product engineering partner, helping businesses transform ideas into scalable, high-performance digital platforms.
With a strong focus on modern engineering practices, Logiciel’s core competencies span Cloud Engineering, AI/ML, UI/UX Design, Application Development, and full-stack software delivery. The company leverages cutting-edge tools and frameworks to deliver secure, future-ready solutions tailored to each client’s product vision and growth stage.
Logiciel offers a comprehensive suite of services, including:
- Custom Software Development
- Infrastructure & Cloud Services
- Big Data & Analytics
- UI/UX Design & Product Experience
- Software Testing & QA Services
- MVP & Rapid Prototyping
- Mobile App Development
- AI & Machine Learning Solutions
A key differentiator of Logiciel is its AI-augmented development approach—actively using advanced tools like Copilot, Cursor, Windsurf, and AI-powered project management to accelerate coding, improve quality, automate testing, and enhance delivery predictability.
From its centralized development hub in Ludhiana, Punjab, supported by a remote engineering workforce across India, the company delivers cost-efficient yet enterprise-grade solutions to clients worldwide. Logiciel serves multiple industries, including home improvement, energy, marketing tech, AI & software development, real estate, retail, and other fast-growing digital verticals.

Logiciel Solutions IPO – Details
| IPO Opening Date | 28 November 2025 |
| IPO Closing Date | 02 December 2025 |
| Issue Type | Bookbuilding IPO |
| Issue Size | Total Issue: 18,81,000 Shares Worth ₹36.30 Crore Fresh Issue: 16,94,400 Shares Worth ₹32.70 Crore Offer For Sale: 1,86,600 Shares Worth ₹3.60 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹183 – ₹193 per share |
| Market Lot | 600 Shares |
| Min Order | 600 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Maashitla Securities Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Logiciel Solutions IPO – Date Schedule
| IPO Open Date | 28 November 2025 |
| IPO Close Date | 02 December 2025 |
| Basis of Allotment | 03 December 2025 |
| Initiation of Refund | 04 December 2025 |
| Credit of Shares to Demat | 04 December 2025 |
| IPO Listing Date | 05 December 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 02, 2025 |
Logiciel Solutions IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1200 | ₹2,31,600 |
| Retail (Max) | 2 | 1200 | ₹2,31,600 |
| S-HNI (Min) | 3 | 1800 | ₹3,47,400 |
| S-HNI (Max) | 8 | 4800 | ₹9,26,400 |
| B-HNI (Min) | 9 | 5400 | ₹10,42,200 |
Competitive Strength
- Startup & Growth Venture Expertise.
- AI-Augmented Software Development.
- Rapid Team Onboarding.
- Operational Cost Efficiency.
- Long-Term Client Retention & Value Expansion.
Company Promoters
- Mr. Umesh Sharma
- Mr. Ajay Sharma
- Mr. Prem Lal Sharma
- MRs Lateesh Sharma
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹14.09 Cr | ₹12.34 Cr | ₹1.34 Cr | ₹0.52 Cr |
| 31 March 2024 | ₹17.10 Cr | ₹11.77 Cr | ₹3.97 Cr | ₹0.52 Cr |
| 31 March 2025 | ₹21.20 Cr | ₹13.63 Cr | ₹5.47 Cr | ₹0.02 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 32.80% |
| ROCE | 31.95% |
| Debt/Equity | 0.00 |
| RoNW | 32.80% |
| PAT Margin | 26.19% |
| EBITDA Margin | 38.95% |
| Price to Book Value | 4.70 |
| Market Capitalization | ₹144.13 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.48 | 7.33 |
| P/E (x) | 20.35 | 26.33 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditure on upgrading physical infrastructure. | ₹1.86 |
| Investment in Human Resources and Product Development. | ₹15.28 |
| Capital expenditure towards upgrading the IT infrastructure. | ₹4.17 |
| Funding for business development and marketing activities. | ₹2.50 |
| General Corporate Purposes. | – |

✅Strengths
- Long-term client retention with multi-year recurring revenue.
- AI-driven development improving speed and quality.
- Wide service portfolio across cloud, AI, analytics, mobile, and UI/UX.
- Cost-efficient offshore delivery for global clients.
- Strong expertise in startup-focused product engineering.
⚠️Risks
- High dependence on a few key customers.
- Limited US on-ground sales presence.
- Scaling GTM needs higher investment.
- Global tech demand fluctuations may impact revenue.
- Constant upskilling needed due to fast-changing AI/tech landscape.
Logiciel Solutions IPO Promoter Holding
| Pre Issue Share Holding | 82.78% |
| Post Issue Share Holding | 59.00% |
Logiciel Solutions IPO Prospectus
- Logiciel Solutions IPO DRHP
- Logiciel Solutions IPO RHP
Company Contact Information
| Logiciel Solutions Ltd. H.NO. 9-A, Main Road, Sunder Nagar Ludhiana, Punjab, 141007 Phone: +91-161-4600060 Email: cs@logiciel.io Website: http://www.logiciel.io/ |
Logiciel Solutions IPO Registrar
| Maashitla Securities Pvt.Ltd. Phone: +91-11-45121795-96 Email: investor.ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Logiciel Solutions IPO Lead Manager(s)
| 1. Fintellectual Corporate Advisors Pvt.Ltd. |
Logiciel Solutions IPO FAQ

| What is Logiciel Solutions IPO? Logiciel Solutions IPO is an SME IPO. The issue is priced at ₹183 – ₹193 per equity share. The IPO is to be listed on BSE SME. |
| When Logiciel Solutions IPO will open? The IPO is to open on 28 November 2025 for QIB, NII, and Retail Investors. |
| What is Logiciel Solutions IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Logiciel Solutions IPO Size? Logiciel Solutions IPO size is ₹36.30 Crore. |
| What is Logiciel Solutions IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1200 Shares with ₹2,31,600 amount, while the maximum bid is 1200 Shares with ₹2,31,600. |
| What is the Logiciel Solutions IPO Allotment Date? Logiciel Solutions IPO allotment date is 03 December 2025. |
| What is the Logiciel Solutions IPO Listing Date? Logiciel Solutions IPO listing date is 05 December 2025. The IPO is to be listed on the BSE SME. |



