| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹81.00 Cr |
| Reserved for Market Maker | ₹4.06 Cr |
| Net Issue Size | ₹81.00 Cr |
| Fresh Issue | ₹65.61 Cr |
| Offer for Sale | ₹11.33 Cr |
| Face Value | โน2 Per Equity Share |
| Price Band | โน98.00-104.00 per share |
| BSE Code | 544684 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,400 shares ยท Multiples of 1,200 shares
Digilogic Systems Ltd. operates in the defence and aerospace engineering domain, delivering advanced solutions across automated testing, simulation, and embedded systems. The company specialises in the design, engineering, integration, manufacturing, supply, and long-term support of Automated Test Equipment (ATE), radar and electronic warfare (EW) simulators, application software, and embedded signal-processing platforms.
Its operations span the end-to-end development and delivery of complex test and mission-critical systems, including system hardware, embedded software, and application-layer platforms. The company’s offerings are structured into three core verticals:
(i) Test Systems, covering ATE solutions, checkout systems, and radar/EW simulators;
(ii) Application Software, including data acquisition frameworks and proprietary IP cores; and
(iii) Services, encompassing system integration, technology upgrades, and full lifecycle maintenance support.
Digilogic provides specialised test, simulation, and embedded engineering services primarily to defence and aerospace customers, with selective applications in industrial automation. Its capabilities extend across the complete project lifecycle, from initial concept and system design through deployment, commissioning, and ongoing maintenance.
The company operates from two locations. Its Hyderabad facility, spanning 10,688 sq. ft., serves as the registered office and integrated corporate centre, housing design, engineering, manufacturing, administrative, and support functions. In addition, Digilogic maintains a marketing office in Bengaluru, which focuses on business development, customer interface, and project coordination.
Competitive strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Capital expenditure towards setting up of Proposed New Facility | 51.68 |
| 2 | Pre-payment/ re-payment, in part or full, of certain outstanding borrowings availed by the Company | 8.00 |
| 3 | General Corporate Purposes | 4.18 |
| 4 | Issue Expenses | 6.75 |
| Total | 70.61 |
| Period Ended | 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 |
| Amount in ₹ Crore | ||||
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 4.71% | 34.57% |
| ROCE | 4.71% | 34.27% |
| Debt / Equity | 0.63% | 0.40% |
| RoNW | 4.71% | 34.57% |
| PAT Margin | 8.87% | 11.26% |
| EBITDA Margin | 18.39% | 18.60% |
| Price to Book Value | 6.91 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 3.65 | 1.11 |
| P/E (x) | 28.52 | 93.36 |
| Promoter Holding | 88.50% | 64.25% |
| Market Cap | โน301.10 Cr. | |