Logiciel Solutions BSE SME

Logiciel Solutions SME IPO

Listed

BSE SMEOpens 28 November 2025Closes 2 December 2025

Logiciel Solutions Ltd. is a trusted offshore software development partner specializing in building secure, scalable, and high-performance digital products for startups and scaling businesses. The company delivers a…

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Live GMPSubscriptionAllotment
Price band
₹183 - ₹193
Issue size
₹37.90 Cr
Lot size
600 shares
Type
BSE SME
GMP
₹0 (0.0%)
Est. listing
₹193
Est. profit / app
—
Retail quota
45.21%

Key ratios

As per RHP / filings
Face value
₹10
EPS
9.52
P/E ratio
20.27
RoNW
32.8%
ROE
32.8%
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Timeline

  1. IPO Opens

    28 Nov 2025

  2. IPO Closes

    2 Dec 2025

  3. Allotment

    3 Dec 2025

  4. Listing

    5 Dec 2025

IPO Timeline & Listing Details

EventDate
IPO Open Date28 November 2025
IPO Close Date2 December 2025
Allotment Date3 December 2025
Listing Date5 December 2025

Investment Categories

CategoryLotsAmount
Individual
2₹2,31,600
SHNI (Min)
3₹3,47,400
SHNI (Max)
8₹9,26,400
BHNIAbove ₹10,00,000
9₹10,42,200

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)4.85%
NII (Non-Institutional Investor)44.92%
SHNI (Small Non-Institutional Investor)14.97%
BHNI (Big Non-Institutional Investor)29.95%
Retail45.21%
Market Maker5.02%
Total100.00%

IPO Objectives

  • Capital Expenditure on upgrading physical infrastructure (₹1.86 Cr).
  • Investment in Human resources and Product Development (₹15.28 Cr).
  • Capital expenditure towards upgrading IT infrastructure (₹4.17 Cr).
  • Funding for business development and marketing activities (₹2.50 Cr).
  • General corporate Purpose.

Strengths

  • The company has expertise in building MVPs and future-ready solutions, focusing on startups and scaling businesses.
  • It actively uses AI tools for software development, testing, and project management, enhancing efficiency and reducing costs.
  • The business focuses on long-term client retention across web, mobile, and cloud technologies.
  • Operational efficiency is achieved through rapid team onboarding and a global delivery model.
  • The company shows strong financial performance, with revenue up 24% and PAT rising by 38% between FY24 and FY25, and maintains a high PAT margin of 25.80%.

Weaknesses

  • There is high reliance on a few large clients, making the company vulnerable to client concentration risk and contract termination.
  • The business has a high dependence on key personnel and a skilled workforce in a highly competitive IT job market.
  • It has exposure to foreign exchange fluctuations, as a significant portion of revenue is likely generated from international clients.
  • The software development market is highly competitive and rapidly evolving, requiring continuous investment in new technologies.
  • The significant discrepancy between the provided RoNW in the peer table (32.8%) and the calculated RoNW (23.06%) raises concerns about the accuracy of the baseline data.
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Financial Performance

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)30.4927.412.988.57
Revenue (₹ Cr.)12.8321.217.114.09
PAT (₹ Cr.)3.565.473.971.34
Net Worth (₹ Cr.)27.2823.729.665.69

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Logiciel Solutions Ltd.4.720.2732.8%27.28
Kody Technolab Limited19.3860.160%79.11
Systango Technologies5.7124.5926.74%102

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB0x0.02x1.32x
NII0.46x0.5x0.73x
S-HNI0.83x1.11x1.32x
B-HNI0.27x0.2x0.43x
RII1.65x2.6x3.43x
Total1x1.48x2.04x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB1,00,2001,32,6002.56
NII9,28,8006,73,80013
Small NII3,09,6004,09,2007.9
Big NII6,19,2002,64,6005.11
RII9,34,80032,02,80061.81
Total19,63,80040,09,20077.38
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Company Details

  • Logiciel Solutions Ltd.
  • H.NO. 9-A, Main Road Sunder Nagar, Ludhiana, -141007
  • +91-161-4600060
  • cs@logiciel.io
  • http://www.logiciel.io/

Registrar Details

Frequently Asked Questions

What is the Logiciel Solutions SME IPO issue period?
Logiciel Solutions SME IPO opens on 28th November 2025 and closes on 2nd December 2025. Apply within these dates through your broker or the BSE SME platform.
What is the price band and market lot for Logiciel Solutions SME IPO?
The price band is ₹183.00–₹193.00 per share and the market lot is 600 shares. Retail investors must apply for a minimum of 2 lots (1,200 shares).
How are shares reserved in the Logiciel Solutions IPO?
Reservation is split by investor category. Retail investors receive 45.21%, NIIs get 44.92%, QIBs get 4.85% and Market Makers receive 5.02% of the issue.
How can I apply for the Logiciel Solutions SME IPO on BSE SME?
Apply using your broker’s online IPO application (ASBA) or via trading platforms that support SME IPOs. Ensure your PAN and Demat details are linked and accurate before submitting.
When will allotment and listing happen for Logiciel Solutions SME IPO?
Tentative dates are: Basis of Allotment — 3rd Dec 2025; Refunds/Credit to Demat — 4th Dec 2025; Listing on BSE SME — 5th Dec 2025. Check the registrar’s website after allotment for final status.
What is GMP and should I rely on it for Logiciel listing expectations?
GMP (Grey Market Premium) is an unofficial indicator of demand. It is not guaranteed and should be used only as one of several signals — always cross-check company fundamentals and subscription data.
What financial metrics should I review before applying to a SME IPO like Logiciel?
Check revenue growth, PAT, EBITDA, net worth, margins and borrowing levels. For SME companies, also consider liquidity and post-listing tradability risks.
Are SME IPOs suitable for retail investors?
SME IPOs can offer growth potential but come with higher risk and lower liquidity than mainboard stocks. Retail investors should assess risk tolerance, holding horizon, and consult their broker or financial advisor.

Logiciel Solutions SME IPO News & Updates

Follow the latest updates for Logiciel Solutions SME IPO, including grey market moves and allotment news.

Logiciel Solutions SME IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

Logiciel Solutions SME IPO Details

Issue size, price, financials, and company info

Logiciel Solutions SME IPO GMP

Live grey market premium and listing estimate

Logiciel Solutions SME IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

Logiciel Solutions SME IPO Allotment

Allotment date, chances, and check by PAN

Logiciel Solutions SME IPO Review

SWOT, strengths, risks, and IPO review

Logiciel Solutions SME IPO FAQ

Common questions on dates, GMP, and allotment

Logiciel Solutions SME IPO Registrar

Registrar website and how to check allotment

Logiciel Solutions SME IPO Timeline

Open, close, allotment, and listing dates

Logiciel Solutions SME IPO News

Updates, blogs, and latest IPO news

Sources

We match Logiciel Solutions SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Maashitla Securities Pvt.Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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