SmeNSECLOSED

Digilogic Systems IPO

₹98 – ₹98 · Issue Size ₹81 Cr

IPO Overview

StatusClosed
Price Band₹98 – ₹98
Issue Size₹81 Cr
Lot Size2400 shares
Min Investment₹2,49,600
Face Value₹2
Issue Structure
Fresh Issue₹69.68 Cr
Offer for Sale₹10,89,600 Cr
Total Size₹81 Cr

Business Model

Competitive Advantages
  • We have over 18 years of experience in providing systems and solutions to clients in the defence and aerospace sectors.
  • Our portfolio of offerings includes radar simulators, automated test systems for aircraft programmes, and validation systems
  • Our repeat engagements with key clients reflect our capability to establish and maintain long-term relationships, supported
  • Fiscal 2025 Fiscal 2024 Fiscal 2023

IPO Timeline

Open Date20 Jan 2026
Close Date22 Jan 2026
Allotment23 Jan 2026
Refund27 Jan 2026
Credit to Demat27 Jan 2026
Listing Date28 Jan 2026

Objects of the Issue

The Offer comprises a fresh issue of Equity Shares, aggregating up to ₹ 6,967.58 Lakhs by the company and an offer for sale of up to 10,89,600 Equity Shares, aggregating up to ₹ Lakhs by the Promoter Selling Shareholder. For details, please refer section titled "Summary of the prospectus" and "The Offer" Offer for Sale The Promoter Selling Shareholder will be entitled to the proceeds from the sale of the Offered Shares in the Offer for Sale, net of the Offer relat

PurposeAmount
The Offer comprises a fresh issue of Equity Shares, aggregating up to by the company and an offer₹69.68 Cr
The total estimated cost for setting up the Proposed New Facility is, of which 5,173.78 lakhs is proposed₹63.7 Cr

Strengths & Weaknesses

Strengths

  • We have over 18 years of experience in providing systems and solutions to clients in the defence and aerospace sectors.
  • Our portfolio of offerings includes radar simulators, automated test systems for aircraft programmes, and validation systems
  • Our repeat engagements with key clients reflect our capability to establish and maintain long-term relationships, supported
  • Fiscal 2025 Fiscal 2024 Fiscal 2023

Management & Promoters

M
Madhusudhan Varma JettyChairman and Managing Director
R
Radhika Varma JettyWhole-time Director
J
Jetty Shashank VarmaWhole-time Director
H
Hitesh Varma JettyWhole-time Director
B
Balasubramanyam DanturtiNon-Executive Independent Director
M
Madadi Ugender ReddyNon-Executive Independent Director
S
Sesha Rama Srinivasa Sastry PullelaNon-Executive Independent Director
H
Hitesh VarmaDirector

Shareholding Pattern

Pre-IPO
Category%
Promoters88.5%
Public11.5%

Peer Comparison

CompanyP/EEPS
Digilogic Systems IPO
Dated: January13.0x
(Please read section of Companies Act )32.0x
Page of2.0x

Pre-IPO Financials

PeriodRevenue (Cr)PAT (Cr)Net Worth (Cr)Total Assets (Cr)
September 2025₹0.01 Cr₹0.31 Cr₹25.07 Cr
March 2025₹18.18 Cr₹-0.03 Cr₹64.53 Cr
2024₹72.06 Cr₹-20.23 Cr₹72.57 Cr
2023₹51.56 Cr₹-0.01 Cr₹35.55 Cr
2013₹55.96 Cr₹35.49 Cr

About

Digilogic Systems Limited, founded in 2011, is a leading company that offers test solutions and simulation systems for the defence and aerospace sectors. From design, development, integration, and manufacturing to supply, Digilogic Systems provides end-to-end solutions for defence and aerospace engineering needs. Its offerings are divided into 3 segments, 1. Test systems, including automated test equipment, checkout systems, and radar/electronic warfare simulators. 2. Application Software, such

Industry Overview

Unless noted otherwise, the information in this section is derived from "India Critical Test, Measurement, & Simulation Technologies Market Outlook to 2030F" (Ken Research Report, 5th January 2026) as well as other publications and industry sources. Neither we nor any other person connected with the Issue have independently verified this information. The data may have been re-classified by us for the purposes of presentation. Industry sources and publications generally state that the information contained therein has been obtained from sources generally believed to be reliable, but that their

ExchangeNSE
Issue Typesme
Face Value2 per share

Documents

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