Digilogic Systems Ltd IPO to open on Jan 20 with price band at ₹98 - ₹104

Digilogic Systems Announces Initial Public Offering (IPO) Details

Digilogic Systems Limited, a leading provider of automated test equipment systems and application software to the defence and aerospace sector, has announced the opening of its Initial Public Offering (IPO) for subscription.

IPO Details:

• Subscription Period: January 20, 2026
• Anchor Portion: January 19, 2026
• Issue Closes: January 22, 2026

The company aims to raise up to ₹69.67 crore from the fresh issue and up to ₹11.33 crore from offer for sale. Digilogic Systems intends to be listed on the BSE SME platform.

Price and Lot Size:

The price band for the issue has been fixed at ₹98 - ₹104 per share, with a lot size of 1,200 equity shares.

Issue Components:

• Fresh Issue: Up to ₹69.67 crore for equity shares
• Offer for Sale: Up to 11.50 lakh equity shares with a face value of ₹2 each, aggregating up to ₹11.33 crore

Book Running Lead Manager and Registrar:

• Book Running Lead Manager: Indorient Financial Services Ltd
• Registrar to the Offer: KFIN Technologies Ltd

Use of IPO Proceeds:

According to the Red Herring Prospectus (RHP), Digilogic Systems intends to utilise ₹51.73 crore of the total IPO proceeds for capital expenditure towards setting up of a new facility and ₹8 crore for pre-payment/re-payment, in part or full, of certain outstanding borrowings availed by the company.