Digilogic Systems Ltd IPO

Initial public offer of up to 77,88,000 equity shares of face value of Rs. 2/- each (the "Equity Shares") of Digilogic Systems Limited ("the Company" or "DSL" or "the Issuer") at price of Rs.104 per equity share (including a premium of Rs.102 per equity share) ("offer price") for cash, aggregating up to Rs.80.1 crores (the "Offer") comprising a fresh issue of up to 66,98,400 equity shares of face value of Rs. 2/- each aggregating up to Rs. 69.66 crores (the "Fresh Issue") and an offer for sale of up to 10,89,600 equity shares of face value of Rs. 2/- each aggregating up to Rs.11.33 crores (the "Offer For Sale") by Madhusudhan Varma Jetty (referred to as the "Promoter Selling Shareholder"). The offer includes 3,90,000 equity shares of face value of Rs. 2/- each, at an offer price of Rs.104 per equity share for cash, aggregating Rs. 4.06 crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e. offer of 73,98,000 equity shares of face value of Rs. 2/- each, at an offer price of Rs. 104 per equity share for cash, aggregating up to Rs. 76.94 crores is herein after referred to as the "Net Offer". The offer and net offer will constitute 26.90% and 25.55% respectively of the post-issue paid-up equity share capital of the company. The company, in consultation with the book running lead manager, may consider a further issue of specified securities through a private placement, preferential issue or any other method,as may be permitted under applicable law to any person(s), for cash consideration aggregating up to Rs. 14.00 crores at the discretion, prior to the filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company in consultation with the book running lead manager, and the pre-ipo placement will be completed prior to filing of the roc. If the pre-ipo placement is undertaken, the amount raised from the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19 (2) (b) of the scrr. If the pre-ipo placement is undertaken, the company shall report to the stock exchange within twenty-four hours of such pre-ipo placement transactions (in part or in entirety). Price Band: Rs. 104 per equity share of face value Rs.10/- each. The floor price is 10.4 times of the face value of the equity shares. Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.

Digilogic Systems Limited was originally formed as a partnership firm under the name of 'M/s Digilogic Systems' pursuant to a deed of partnership dated May 08, 2007. Further, 'Digilogic Systems' was subsequently converted from the partnership firm to a Private Limited Company as Digilogic Systems Private Limited' dated December 09, 2011, with the Registrar of Companies, Andhra Pradesh. Thereafter, Company was converted into public limited company and the name of Company was changed to 'Digilogic Systems Limited' and a fresh certificate of incorporation was issued by the Central Processing Centre on July 01, 2025. Digilogic Systems is a technology-led company. The Company was founded by the Promoter, Mr. Madhusudhan Varma Jetty. He laid the foundation of the Company's journey by first establishing a partnership firm with Mrs. Radhika Varma Jetty and others. Initially, the firm was engaged in the business of data acquisition systems, ground check-out systems, industrial-grade PCs, peripherals, application software development, and related activities. At present, the business involves the 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. The Company has over 18 years of experience in providing systems and solutions to clients in the defence and aerospace sectors. At the international level, it has entered into arrangements with overseas entities for technical know-how sharing, which support co-development of specialised systems. In addition, Company is associated with foreign and domestic entities for development in the areas of system integration and export. Company is planning the IPO of issuing 11,50,000 equity shares having the face value of Rs 2 each through offer for sale and by raising Rs 730 Cr funds via fresh issue.