Logiciel Solutions IPO
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Logiciel Solutions IPO details
Schedule of Logiciel Solutions
| Issue open date | 28 Nov 2025 |
| Issue close date | 02 Dec 2025 |
| UPI mandate deadline | 02 Dec 2025 (5 PM) |
| Allotment finalization | 03 Dec 2025 |
| Refund initiation | 04 Dec 2025 |
| Share credit | 04 Dec 2025 |
| Listing date | 05 Dec 2025 |
| Mandate end date | 17 Dec 2025 |
| Lock-in end date for anchor investors (50%) | 02 Jan 2026 |
| Lock-in end date for anchor investors (remaining) | 03 Mar 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Logiciel Solutions
Logiciel Solutions Limited is a technology company specializing in outsourced software development, helping startups and enterprises build scalable and high-performance digital products. Founded in 2011 in Ludhiana, the company has expanded into a full-stack engineering partner, offering cloud, AI/ML, UI/UX, and custom application development services. Its delivery model combines a central development centre with a distributed remote engineering team, enabling speed, flexibility, and strong quality control.
The company focuses on building tailored digital platforms, powered by AI-assisted development, automated testing, and cloud-native engineering. With long-standing client relationships and over a decade of delivery experience, Logiciel offers comprehensive end-to-end services encompassing software development, cloud infrastructure, data engineering, UI/UX design, QA, and MVP development. Its promoter-led leadership, engineering expertise, and strong emphasis on innovation position the company as a reliable offshore technology partner for global businesses.
Financials of Logiciel Solutions
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 39.90 |
| Fresh Issue – Proceeds go to the company | 32.70 |
| Offer for sale – Proceeds go to the existing investors | 7.20 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Capital expenditure on upgrading physical infrastructure | 1.86 (5.69%) |
| Investment in human resources and product development | 15.28 (46.75%) |
| Capital expenditure towards upgrading IT infrastructure | 4.17 (12.76%) |
| Funding for business development and marketing activities | 2.50 (7.65%) |
| General corporate purpose | 8.89 (27.15%) |
Strengths
- Provides a wide range of custom software development and IT services.
- Strong focus on digital transformation solutions using modern technologies.
- Experienced management team with domain expertise across IT and consulting.
- Ability to serve diverse industries through tailored, scalable solutions.
- Growing client relationships across domestic and international markets.
Risks
- High dependence on a few key clients for revenue concentration.
- Rapid technological changes require continuous updates and investment.
- Intense competition from global and local IT service providers.
- Exposure to data security, privacy breaches, and cybersecurity risks.
- Revenue susceptible to global economic cycles and IT spending trends.
Allotment Status for Logiciel Solutions
To check your IPO allotment status:
- Visit the Maashitla Securities IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.
Subscription Figures for Logiciel Solutions
As per media reports (Link), the Grey Market Premium (GMP) of Logiciel Solutions is reported at ₹40 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on December 02, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 1.00 | 1.33 | 1.32x |
| NII | 9.29 | 6.74 | 0.73x |
| Retail | 9.35 | 32.03 | 3.43x |
| Total | 19.64 | 40.09 | 2.04x |