
Digilogic Systems IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Mon Jan 19 2026

Digilogic Systems IPO is open for bidding from 20th January 2026 to 22nd January 2026. It is a bookbuilding IPO of ₹81.01 crore, an entirely fresh issue of 0.67 crore shares and an offer for sale of 0.11 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 28th January 2026.
Digilogic Systems IPO Details
The Digilogic Systems IPO date is fixed between 20th January 2026 and 22nd January 2026. The face value of Digilogic Systems shares stands at ₹10 per share, and the IPO Issue price band is set at ₹98 to ₹104 per share
Kfin Technologies Limited is the registrar of the Digilogic Systems IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
| IPO Allotment Date | 22nd January 2026 |
| IPO Open Date | 20th January 2026 |
| IPO Close Date | 22nd January 2026 |
| Refund Initiation | 27th January 2026 |
| Issue Size | 77,89,196 shares(agg. up to ₹81 Cr) |
| Fresh Issue | 63,09,596 shares(agg. up to ₹66 Cr) |
| Offer for Sale | 10,89,600 shares of ₹2(agg. up to ₹11 Cr) |
| Face Value | ₹2 per share |
| Lot Size | 1,200 Shares |
| Issue Price | ₹98 to ₹104 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | 28th January 2026 |
Digilogic Systems IPO Share Reservation
Riddhi Display Equipment’s IPO is a bookbuilding issue of 0.67 crore shares worth ₹77.49 crore. Digilogic Systems IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Shares Offered |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
Digilogic Systems IPO GMP Grey Market Premium
GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Digilogic Systems IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 22-01-2026 | – | – | – | – |
| 21-01-2026 | – | – | – | – |
| 20-01-2026 | ₹104.00 | ₹0.00 | ₹104.00 | 0.00% |
| 19-01-2026 | ₹104.00 | ₹0.00 | ₹104.00 | 0.00% |
| 18-01-2026 | ₹104.00 | ₹0.00 | ₹104.00 | 0.00% |
| 17-01-2026 | ₹104.00 | ₹0.00 | ₹104.00 | 0.00% |
| 16-01-2026 | ₹104.00 | ₹5.00 | ₹109.00 | 4.81% |
| 15-01-2026 | ₹104.00 | ₹5.00 | ₹109.00 | 4.81% |
| 14-01-2026 | ₹104.00 | ₹5.00 | ₹109.00 | 4.81% |
| 13-01-2026 | ₹104.00 | ₹5.00 | ₹109.00 | 4.81% |
As of 20th January 2026, Digilogic Systems IPO GMP stands at ₹0.00 per share, which means the share will likely list at ₹104.00 on its tentative listing date, 28th January 2026.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Digilogic Systems IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.
Digilogic Systems IPO GMP Review

Check out the detailed Digilogic Systems GMP IPO review for a thorough understanding of its potential to report listing gains on 28th January 2026. The Digilogic Systems IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Digilogic Systems IPO.
Digilogic Systems Limited’s revenue increased by 39.60% from ₹51.71 crores in March 2024 to ₹72.19 crores in March 2025. Moreover, the company’s PAT increased by 237.91% from ₹2.40 crores in March 2024 to ₹8.11 crores in March 2025.
Digilogic Systems’ IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the Digilogic Systems IPO, with its tentative listing day set for 28th January 2026.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Digilogic Systems IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 28.52 |
| EPS (Earnings Per Share) | 3.65 |
| RoNW | 4.71 |
| ROCE | 4.71% |
| ROE | 4.71% |
| EBITDA Margin | 18.39% |
| Price to Book Value | – |
| Market Capitalisation | ₹301.10 Cr |
The P/E ratio of Digilogic Systems Limited shares is 28.52, and its Earnings Per Share (EPS) stands at 3.65. Thus, the Digilogic Systems IPO can deliver gains on its tentative listing date, 28th January 2026.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Digilogic Systems Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 28.52 | 93.36 |
| EPS | 3.65 | 1.11 |
Digilogic Systems IPO Subscription Status
The Digilogic Systems IPO will open for bidding on 20th January 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Digilogic Systems IPO Subscription Status.
| Investor Categories | Shares Offered | Shares Subscribed | Subscription to the Times |
| QIB Shares Offered | Not more than 50% of the Net Offer | Yet to be announced | Yet to be announced |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer | Yet to be announced | Yet to be announced |
| Retail Shares Offered | Not less than 35% of the Net Offer | Yet to be announced | Yet to be announced |
About Digilogic Systems Limited

Digilogic Systems Limited was established in 2011. Digilogic Systems Ltd. is engaged in the design, development, integration, manufacturing, supply, and support of Automated Test Equipment (ATE) systems, radar and Electronic Warfare simulators, application software, and embedded signal processing solutions for the defence and aerospace engineering sector. The Company’s business includes the design, development, manufacturing, assembling, integration, and support of test systems, system software, and embedded solutions. Its offerings are organised into three segments:
(i) Test Systems, including ATE, checkout systems, and radar/EW simulators
(ii) Application Software, comprising data acquisition platforms and IP cores
(iii) Services, covering system integration, upgrades, and lifecycle support.
The Company provides specialised services in test, simulation, and embedded systems to support clients across the defence and aerospace sectors, with limited application in industrial automation. Its solutions span the entire project lifecycle, from concept development to deployment and maintenance.
Digilogic Systems Limited Financials
The company’s financial analysis is essential before applying for the Digilogic Systems IPO. Look at the table to learn about Digilogic Systems Limited’s financials.
| Year Ended | 31st Sep 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 64.53 | 72.57 | 35.55 | 35.49 |
| Revenue | 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 Borrowings | 22.04 | 13.34 | 8.11 | 10.92 |
Explanation
Digilogic Systems Limited’s revenue increased by 39.60% from ₹51.71 crores in March 2024 to ₹72.19 crores in March 2025. Moreover, the company’s PAT increased by 237.91% from ₹2.40 crores in March 2024 to ₹8.11 crores in March 2025.
Digilogic Systems Limited IPO Promoter Holdings
Have a look at the table below to check the holdings of Ashish Kankaria, Shruti A. Kankaria, Ambica Capital Markets Limited, and Gold View Financial Services Limited.
| Shareholding Pre-Issue | 88.50% |
| Shareholding Post-Issue | – |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.
Aim of the Digilogic Systems IPO
The primary aim of the Digilogic Systems IPO is to raise ₹81.01 crores. On the other hand, Digilogic Systems has decided to utilise these funds in different ways.
- To Capital expenditure towards the setting up of the Proposed New Facility
- To Pre-payment/ re-payment, in part or in full, of certain outstanding borrowings availed by the Company
- To General Corporate Expenses.
Should I Invest in the Digilogic Systems IPO?
Explore the pros and cons of Digilogic Systems to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades.
Pros of the Digilogic Systems IPO
- The company has Experience in delivering Defence and Aerospace Systems.
- The company has a Professional and Experienced Leadership Team with Technical and Industry Expertise.
- The company has strong industry relationships and International collaborations.
Cons of the Digilogic Systems IPO
- The company has a heavy dependence on government contracts
- The company has execution risk for the new facility
- The company has a market and technology risk
How to Apply for the Digilogic Systems IPO?

Check the steps mentioned below to apply for Digilogic Systems Ltd.
- Step 1: Conduct thorough research on the Digilogic Systems IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for 2 lots of 2,400 shares worth ₹2,49,600
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Digilogic Systems IPO across multiple demat accounts to increase your chances of allotment.
How to Check the Digilogic Systems IPO Allotment Status?
You can check for the Digilogic Systems IPO allotment in different ways. These include BSE and the registrar portal. Follow the steps below to check your allotment status online.
Check On BSE
- Visit the BSE Official Site
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Digilogic Systems IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Digilogic Systems IPO allotment status.
Let’s Wrap
Digilogic Systems IPO is a bookbuilding issue of shares worth ₹81.01 crores. The shares of Digilogic Systems Limited will be listed on BSE and SME on its tentative listing date of 28th January 2026. Researching the Digilogic Systems IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Digilogic Systems IPO
How is the Digilogic Systems IPO?
Ans. Currently, on 20th January 2026, the Digilogic Systems GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹104 per share. It is a bookbuilding IPO of ₹81.01 shares. The face value of each Digilogic Systems share is ₹10 per share.
What is the Digilogic Systems IPO price?
Ans. The Digilogic Systems IPO issue price band is set at ₹98 to ₹104 per share.
Is the Digilogic Systems IPO a good investment?
Ans. Digilogic Systems Limited’s revenue increased by 39.60% from ₹51.71 crores in March 2024 to ₹72.19 crores in March 2025. Moreover, the company’s PAT increased by 237.91% from ₹2.40 crores in March 2024 to ₹8.11 crores in March 2025.
Who is the registrar of the Digilogic Systems IPO?
Ans. Kfin Technologies Limited is the registrar for the Digilogic Systems IPO, awaiting the allotment process and initiating refunds. For any queries regarding the Digilogic Systems allotment and refund, you can contact Kfin Technologies Limited at digilogic.ipo@kfintech.com or at 04067162222, 04079611000.
What is the issue size of the Digilogic Systems IPO?
Ans. Digilogic Systems IPO is a bookbuilding IPO of ₹81.01 crores. Moreover, the IPO is set to open on 20th January 2026 and close on 22nd January 2026.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Digilogic Systems IPO, download the Digilogic Systems IPO RHP and Digilogic Systems IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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