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Digilogic Systems IPO:
Digilogic Systems IPO opens on 20 January 2025. This Phase-2 guide covers live, day-wise subscription tracking, application strategy, risk framework, and allotment probability, so you can make a disciplined decision rather than chasing hype or GMP alone.
Read our earlier GMP analysis here:
Digilogic Systems IPO GMP Today
📊 Digilogic Systems IPO Live Subscription Status LIVE
| Category | Subscribed (Times) | Shares Offered | Shares Bid |
|---|---|---|---|
| Retail | Updating… | – | – |
| HNI / NII | Updating… | – | – |
| QIB | Updating… | – | – |
| Total | Updating… | – | – |
Source: BSE SME | Auto-updates every 30 minutes during subscription period.
📌 IPO Quick Snapshot
| Parameter | Details |
|---|---|
| Open Date | 20 January 2025 |
| Close Date | 22 January 2025 |
| Price Band | ₹98 – ₹104 |
| Face Value | ₹2 |
| Lot Size (Retail) | 2,400 shares (₹2,49,600) |
| Exchange | BSE SME |
| Issue Type | Book Built |
| Listing (Tentative) | 28 January 2025 |
📊 LIVE SUBSCRIPTION — DAY WISE
🔹 Day 1 — 20 January
- Retail usually starts slow
- HNI bids typically increase later
- Avoid rushing in first hour
🔹 Day 2 — 21 January (Most Important Day)
✅ Strong Demand Scenario
- Retail 5×+
- HNI 10×+
- GMP stable or rising
Higher listing chance, lower allotment
⚠️ Weak Demand Scenario
- Retail below 2×
- Muted HNI interest
- Soft GMP
Better allotment, uncertain listing
🔹 Day 3 — 22 January (Final Day)
- Track final oversubscription
- Watch last-hour surge
- Compare Retail vs HNI demand
If overall subscription ends above 10×, retail allotment chances drop sharply.
Digilogic Systems IPO: Anchor Investor Update (Live)
Date: January 19, 2026
Ahead of its public opening tomorrow, Digilogic Systems Limited has successfully raised ₹23.08 Crore from 11 anchor investors. The IPO committee, in consultation with the lead manager (Indorient Financial Services), finalized the allocation of 22,18,800 equity shares at the upper price band of ₹104 per share.
Key Anchor Allotment Highlights
- Total Amount Raised: ₹23,07,55,200 (approx. ₹23.08 Cr)
- Anchor Price: ₹104 per share
- Total Shares Allotted: 22,18,800 shares
- Top Participant: Negen Undiscovered Value Fund picked ~37% of the anchor portion.
Major Anchor Investors List
| Anchor Investor Name | Shares Allotted | % of Anchor Portion |
| Negen Undiscovered Value Fund | 8,20,800 | 36.99% |
| Ashika Global Securities Pvt Ltd | 2,40,000 | 10.82% |
| Vijit Growth Fund | 1,92,000 | 8.65% |
| Aarth AIF Growth Fund | 1,92,000 | 8.65% |
| Nav Capital VCC – Emerging Star Fund | 1,44,000 | 6.49% |
| Navbharat Investment Trust | 1,44,000 | 6.49% |
Analyst Note: The strong participation from specialized funds like Negen and Nav Capital suggests high institutional confidence in Digilogic’s niche position within the defense and aerospace testing sector.
🎯 APPLY OR NOT? — CLEAR FRAMEWORK
✅ Bull Case
- Defence & aerospace exposure
- India’s defence indigenisation theme
- Niche engineering capabilities
- Potential strong listing if demand holds
⚠️ Bear Case
- High ticket size ₹2.49L
- SME liquidity risk
- Volatile SME behaviour
- Limited analyst coverage
🏁 Final Balanced Verdict
Apply 1–2 lots only for listing gains. Avoid aggressive HNI bets unless overall subscription crosses 20×.
📦 LOT STRATEGY
Retail
- Conservative: 1 lot
- Moderate: 2 lots
- Aggressive: Max 1 application
HNI / S-HNI
- Split bids across demats
- Avoid over-concentration
- Prefer multiple smaller bids
💡 CUT-OFF vs PRICE BAND
Apply at CUT-OFF if:
- Early oversubscription
- Strong GMP
- You want better priority
Bid at ₹98 if:
- Demand looks weak
- You want lower risk
- You are unsure about listing
🎲 ALLOTMENT CHANCES
| Overall Subscription | Retail Chances |
|---|---|
| Below 5× | Good |
| 5–10× | Moderate |
| 10–30× | Low |
| 30×+ | Very Low |
📅 AFTER SUBSCRIPTION
- 23 Jan — Basis of Allotment
- 27 Jan — Refund & Share Credit
- 28 Jan — Listing on BSE SME
⚠️ Disclaimer
This article is for educational and informational purposes only and does not constitute financial, investment, or legal advice. IPO investments are subject to market risks. Readers should conduct their own research and consult a SEBI-registered financial advisor before investing.
READ MORE: Digilogic Systems IPO GMP Today—Grey Market Premium Live Update & Expert View
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