Digilogic Systems
CLOSEDIPO Date: 20 Jan - 22 Jan 2026
Listing Date: 28 Jan 2026
Price Range
Rs.98 - Rs.104
Issue Size
81 Cr
Min Investment
₹1,17,600
Lot Size
1200 Shares
Schedule of Digilogic Systems
Issue open date
20 Jan 2026
Issue close date
22 Jan 2026
UPI mandate deadline
22 Jan 2026 (5 PM)
Allotment finalization
23 Jan 2026
Share credit
27 Jan 2026
Listing date
28 Jan 2026
Mandate end date
7 Feb 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 81 Cr |
| Fresh Issue | 69.68 Cr |
| Offer for Sale | 11.33 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 23 Jan 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 27 Jan 2026 | ₹104 | ₹0 | ₹104 (0%) |
| 26 Jan 2026 | ₹104 | ₹0 | ₹104 (0%) |
| 25 Jan 2026 | ₹104 | ₹0 | ₹104 (0%) |
| 24 Jan 2026 | ₹104 | ₹0 | ₹104 (0%) |
| 21 Jan 2026 | ₹104 | ₹0 | ₹104 (0%) |
| 19 Jan 2026 | ₹104 | ₹0 | ₹104 (0%) |
| 18 Jan 2026 | ₹104 | ₹0 | ₹104 (0%) |
| 17 Jan 2026 | ₹104 | ₹0 | ₹104 (0%) |
| 16 Jan 2026 | ₹104 | ₹5 | ₹109 (4.81%) |
| 15 Jan 2026 | ₹104 | ₹5 | ₹109 (4.81%) |
Performance Digilogic Systems
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.98 - Rs.104 | ₹ 186 (-20%) | ₹ 94 | -9.62% |
About Digilogic Systems
Digilogic Systems Limited designs, develops, integrates, manufactures, supplies, and supports automated test equipment (ATE) systems, radar and electronic warfare (EW) environmental simulators, application software, and embedded signal processing solutions for the defence and aerospace engineering sector. Its offerings are grouped into test systems (ATE, checkout systems, and radar/EW simulators), application software (data acquisition platforms and IP cores), and services (system integration, upgrades, and lifecycle support). It assembles test systems and integrates them with system software and embedded processing modules. The company generally receives purchase orders directly from government entities through tenders and indirectly through third-party vendors supplying government entities. It operates from two facilities: a registered office and a facility in Hyderabad that combines design, engineering, administration, and manufacturing functions, and a marketing office in Bangalore that supports business development, customer engagement, and project execution.
| Founded in | 2007 |
| Managing director | Mr Madhusudhan Varma Jetty |
| Parent organization |
Financial Overview
Strengths
- Strong domain expertise in defence and aerospace test, measurement, and simulation systems.
- Long-standing relationships with marquee defence and government customers.
- Technology-led, end-to-end capabilities from design to manufacturing and support.
- Alignment with Make in India and indigenous defence initiatives.
- Experienced promoter group with deep industry knowledge.
Risks
- High revenue dependence on a limited number of key customers.
- Business linked to defence spending and government procurement cycles.
- Execution risk in setting up and commissioning the proposed new facility.
- Geographic concentration of operations in a single region.
- Exposure to cybersecurity risks and sensitive defence data.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 1.6 |
| Non-Institutional Investors (NIIs) | 0.56 |
| Retail Individual Investors (RIIs) | 1.06 |
| Employee | N/A |
| Total | 1.08 |