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Contents
- 1 Digilogic Systems IPO – Live Analysis, GMP, Subscription & Verdict
- 1.1 ⚡ LIVE IPO UPDATE (2026)
- 1.2 📊 GMP Snapshot (Unofficial)
- 1.3 📊 Live Subscription Status LIVE
- 1.4 📌 IPO Snapshot
- 1.5 📊 Reservation Structure
- 1.6 👥 Shareholding Pattern
- 1.7 🏭 Business Overview
- 1.8 💰 Financial Performance (₹ Crore)
- 1.9 📊 Valuation Metrics
- 1.10 🏆 Peer Comparison
- 1.11 🎯 Apply or Avoid Framework
- 1.12 🏁 Final Verdict
Digilogic Systems IPO – Live Analysis, GMP, Subscription & Verdict
Digilogic Systems IPO opens on 20 January 2026 and closes on 22 January 2026. This page covers live subscription, GMP, fundamentals, valuation, risks, and listing strategy.
GMP Page: Check GMP Today
⚡ LIVE IPO UPDATE (2026)
- GMP remains in the range of ₹0–₹5 indicating cautious SME sentiment.
- Subscription momentum expected to rise on the final day, typical in SME IPOs.
- Listing performance will depend on HNI demand and overall subscription levels.
📊 GMP Snapshot (Unofficial)
| Metric | Value |
|---|---|
| GMP Today | ₹0 – ₹5 |
| Estimated Listing Price | ₹104 – ₹109 |
| Expected Listing Gain | 0% – 5% |
| Grey Market Sentiment | Neutral to Mild Positive |
📊 Live Subscription Status LIVE
| Category | Subscribed |
|---|---|
| Retail | Updating |
| NII / HNI | Updating |
| QIB | Updating |
| Total | Updating |
Source: BSE SME | Updated periodically
📌 IPO Snapshot
| IPO Type | SME IPO |
| Issue Size | ₹80.36 – ₹81.01 Crore |
| Fresh Issue | ₹69.68 Crore |
| Offer for Sale (OFS) | ₹11.33 Crore |
| Price Band | ₹98 – ₹104 |
| Lot Size | 2,400 Shares |
| Minimum Investment | ₹2,49,600 |
| IPO Open Date | 20 January 2026 |
| IPO Close Date | 22 January 2026 |
| Allotment Date | 23 January 2026 |
| Demat Credit | 27 January 2026 |
| Listing Date | 28 January 2026 |
| Exchange | BSE SME |
| Registrar | KFin Technologies Ltd |
📊 Reservation Structure
| Retail Investors | 35% |
| NII / HNI | 15% |
| QIB | 20% |
| Anchor Investors | 30% |
| Category | Pre-IPO | Post-IPO |
|---|---|---|
| Promoters | 88.50% | 61.93% |
| Public | 11.50% | 38.07% |
🏭 Business Overview
Digilogic Systems Limited is a technology-driven company engaged in design, development, manufacturing, and integration of automated test equipment, electronic warfare systems, radar simulators, embedded systems, and aerospace solutions.
- Defence & Aerospace engineering solutions
- Electronic warfare and radar systems
- Embedded signal processing
- Application software and testing systems
💰 Financial Performance (₹ Crore)
| Year | Revenue | PAT |
|---|---|---|
| FY23 | 16.21 | 1.02 |
| FY24 | 21.43 | 2.41 |
| FY25 (H1) | 12.86 | 1.37 |
📊 Valuation Metrics
| EPS (FY24) | ₹6.2 |
| Post-IPO P/E | ~16–17x |
| ROE | ~18% |
| Debt-to-Equity | ~0.9x |
🏆 Peer Comparison
| Company | P/E (Approx) |
|---|---|
| Digilogic Systems | 16–17x |
| Zen Technologies | 40x+ |
| Data Patterns | 60x+ |
| Apollo Micro Systems | 100x+ |
🎯 Apply or Avoid Framework
- If subscription > 10x + GMP rising → Apply
- If subscription < 3x + GMP flat → Avoid
- If HNI demand strong → Bullish listing signal
🏁 Final Verdict
Digilogic Systems IPO is a moderate-risk SME defence sector issue. Fundamentals are strong, but SME liquidity risk and muted GMP limit listing upside.
- High-risk investors: Selective apply
- Listing traders: Track subscription trend
- Conservative investors: Avoid
⚠️ Disclaimer
This content is for educational purposes only. IPO investments involve market risks. Consult a SEBI-registered advisor before investing.
Shubham tracks Indian equity markets with a focus on banking stocks, insurance companies, and long-term value investing. PositionalCalls was built to give independent investors the same quality of research that institutional desks produce — in plain language, with no brokerage bias and no paid promotions. All analysis is sourced from RBI, SEBI, NSE/BSE filings, and company annual reports.