Description

Confirmation of allotment and listing of 28,951,030 equity shares of DIGILOGIC SYSTEMS LIMITED with face value INR 2/- following its Initial Public Offering.

Summary

BSE has listed 28,951,030 equity shares of DIGILOGIC SYSTEMS LIMITED (CIN: L72400TG2017PLC117649) with face value of INR 2/- per share following the company’s Initial Public Offering. The allotment was made as per the basis approved by the Designated Stock Exchange. All securities have been issued in demat form with various lock-in periods.

Key Points

  • Total equity shares listed: 28,951,030 shares of face value INR 2/- each
  • All securities issued in fully paid demat form
  • Allotment confirmed as per Designated Stock Exchange approval
  • Multiple tranches with varying lock-in periods ranging from 1 month to 5 years
  • IPO consists of both Fresh Issue and Offer for Sale (OFS) components
  • Distinctive numbers allocated: 1 to 28,951,030
  • Registrar: Kfin Technologies Limited

Regulatory Changes

No regulatory changes announced. This is a standard listing notification following IPO completion.

Compliance Requirements

  • Lock-in compliance for different share tranches as per SEBI IPO regulations
  • 3,843,160 shares locked-in from Jan 20, 2026 to Jan 28, 2027
  • 5,121,748 shares locked-in from Jan 21, 2026 to Jan 28, 2027
  • 3,063,750 shares locked-in from Jan 20, 2026 to Jan 28, 2028
  • 3,341,029 shares locked-in from Jan 21, 2026 to Jan 28, 2028
  • 5,793,343 shares locked-in from Jan 21, 2026 to Jan 01, 2031
  • OFS component: 1,089,600 shares with 1-month lock-in (till Feb 21, 2026)
  • Fresh Issue IPO components: 1,106,400 and 1,112,400 shares with lock-in till Apr 22, 2026
  • Remaining 4,479,600 shares under Fresh Issue with standard IPO lock-in

Important Dates

  • Jan 23, 2026: Date of circular and allotment confirmation
  • Jan 20-21, 2026: Lock-in commencement dates for various tranches
  • Jan 23, 2026: Lock-in commencement for Fresh Issue tranches
  • Feb 21, 2026: Lock-in expiry for OFS tranche (1,089,600 shares)
  • Apr 22, 2026: Lock-in expiry for certain Fresh Issue shares (1,106,400 shares)
  • Jan 28, 2027: Lock-in expiry for 8,964,908 shares (1-year lock-in)
  • Jan 28, 2028: Lock-in expiry for 6,404,779 shares (2-year lock-in)
  • Jan 01, 2031: Lock-in expiry for 5,793,343 shares (5-year lock-in)

Impact Assessment

Market Impact: Medium - Addition of a new listed entity in the technology/systems sector with nearly 29 million shares. The staggered lock-in periods will result in gradual supply increase over 5 years, potentially moderating immediate selling pressure.

Liquidity Impact: Initial free float will be limited due to extensive lock-in provisions covering approximately 80% of issued shares with varying lock-in periods. Only the OFS component (1.09 million shares) and certain Fresh Issue shares become tradeable within 1-3 months.

Investor Impact: Long-term lock-in on significant portion (5.79 million shares locked till 2031) indicates strong promoter/pre-IPO investor commitment. Investors should be aware of supply unlock schedule when making trading decisions.

Impact Justification

Standard IPO listing notification affecting new market entrant with significant lock-in provisions across different tranches