ClosedSMEDefence and Aerospace · Automated Test Equipment and Electronic Warfare Systems
Digilogic Systems
DIGILOGIC·₹104·Opens 2026-01-20
★★★★☆4/5
🔗 Official WebsiteSubscribed
1.08×
Overall
Price Band: ₹104
Issue Size: —
About the Company
What does this company do?
Technology-led company engaged in design, development, integration, manufacturing, supply and support of Automated Test Equipment (ATE) systems, radar and Electronic Warfare environmental simulators, application software, and embedded signal processing solutions for the defence and aerospace engineering sector.
IPO Details
Issue parameters, key dates and structure.
Total Issue Size
—
Fresh Issue
7300
Proceeds go to company
Reservation Structure
Financial Performance
P&L, Balance Sheet and Cash Flow — all figures in ₹ Crores.
| Particulars (₹ Cr) | FY2025 |
|---|
All figures in ₹ Crores (INR). Data sourced from DRHP/RHP.
Key Financial Ratios
Valuation and profitability metrics at the IPO price.
EPS — Basic (₹)
3.72
FY2025
EPS — Diluted (₹)
3.72
FY2025
P/E Ratio
27.96
At upper band
RoNW (%)
—
FY2025
NAV per Share (₹)
—
Pre-issue
Debt/Equity
—
FY2025
EBITDA Margin (%)
16.92
FY2025
PAT Margin (%)
10.78
FY2025
Revenue CAGR
13.05
2-yr FY23-FY25
Objectives of the Issue
How the company intends to use the IPO proceeds.
⚠
Land purchase, construction, plant and machinery for new manufacturing and testing facility
1
Partial repayment of outstanding borrowings
Competitive Strengths
Key advantages highlighted in the DRHP.
✓
Established player in critical defence and aerospace sectors with long-term customer relationships
✓
Diversified revenue streams from Test Systems, Software & Services with growing software segment
✓
Demonstrated strong financial performance with FY2025 revenue of ₹7,205.98 Cr
✓
Technology-led company with proprietary solutions in ATE systems and environmental simulators
✓
Supported by government undertakings and strategic expansion plans
Promoters & Shareholding
Pre & post-IPO shareholding pattern. Click a promoter card to learn more.
Promoters
Shareholding Pattern
PrePost
Key Risks
Material risk factors to consider before applying.
⚠
High customer concentration with top 3 customers accounting for 54.58% of FY2025 revenues
⚠
Significant dependence on defence and aerospace sector market dynamics
⚠
Expansion project risks including delays in commissioning proposed new facility
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Regulatory and approval requirements for new facility still pending
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Promoter group disclosure issues requiring SEBI exemption clarification
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Should You Apply?
Digilogic Systems is a defence and aerospace technology company specializing in Automated Test Equipment systems and Electronic Warfare simulators with demonstrated strong revenue growth of 13% CAGR (FY23-FY25) and consistent profitability. The company operates in a niche, high-barrier defence sector with established customer relationships, though it faces concentration risk with top 3 customers at 54.58% of revenues. At a P/E of 27.96x on FY2025 EPS, valuation appears reasonable for a high-growth defence tech company with ₹7,300 Cr fresh issue for capacity expansion. Key risks include execution of new facility commissioning, regulatory approvals still pending, and customer concentration.
⚠️ This is not investment advice. CheckIPO provides information for educational purposes only. Always consult a SEBI-registered financial advisor before investing.
IPO Timeline
Key milestones from opening to listing.
📅
IPO Opens
2026-01-20
🔒
IPO Closes
2026-01-22
🏛️
Listing
2026-01-27
Lead Managers & Registrar
Institutions managing the issue and handling allotment.
Book Running Lead Managers (1)
INDORIENT FINANCIAL SERVICES
Registrar to the Issue
📋
KFIN TECHNOLOGIES LIMITED
Registrar to the Issue
Company Details
Registered information and contact details.
Company Name
Digilogic Systems Limited
CIN
U62099TG2011PLC077933
Registered Office
#102, 1st Floor, DSL Abacus Tech Park, Uppal Kalsa Village, Uppal Mandal, Rangareddy-500039, Telangana
Contact Person
Mr. Kameswara Rao Vempati
Phone
+040 4547 4601
Website
www.digilogicsystems.com