Logiciel Solutions was incorporated on July 14, 2011. The company is an experienced outsourced software development firm providing end-to-end custom solutions for global enterprises and startups. It specialises in Cloud Engineering, AI/ML, UI/UX, and Application Development, using advanced technologies to deliver high-performance digital products
| Bidding Dates |
|---|
| 28 Nov 2025 - 02 Dec 2025 |
| Subscription |
|---|
| 1.99x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,19,600 | 2 | 2 | 600 | 2.1 M | ₹183 - ₹193 | 59 % | ₹378.4 M - ₹399.0 M | RHP DOC |
Logiciel Solutions IPO SUBSCRIPTION STATUS
02 Dec '25Logiciel Solutions IPO overall subscription rate was 1.99 times the total available shares
Logiciel Solutions IPO retail subscription rate was 4.43 times in the retail segment
Logiciel Solutions IPO non-institutional investor subscription rate was 2.51 times in the non-institutional investor category
Logiciel Solutions IPO Qualified Institutional Bidder subscription rate was 0.13 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
02 Dec 2025 (Day 3) | 4.43x | 2.51x | 0.13x |
01 Dec 2025 (Day 2) | 3.36x | 1.84x | 0x |
28 Nov 2025 (Day 1) | 2.14x | 1.37x | 0x |
Logiciel Solutions FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| H1FY26 | 12.7 | 3.6 | -0.8 | -0.9 | 39.6% |
| FY25 | 20.9 | 5.5 | -1.6 | -2.4 | 39.0% |
| FY24 | 16.9 | 4.0 | -1.3 | -2.3 | 36.4% |
| FY23 | 13.9 | 1.3 | 2.3 | 1.5 | 18.09% |
Logiciel Solutions IPO SUBSCRIPTION STATUS DETAILS
Logiciel Solutions had 2.1 M shares on offer
Logiciel Solutions IPO offer price was in the range ₹183 - ₹193
Logiciel Solutions IPO minimum Investment was ₹219600
Logiciel Solutions IPO issue size was ₹ 378.4 M - ₹ 399.0 M
Logiciel Solutions had a minimum lot size of 600 Shares per application
Logiciel Solutions NUMBER OF SHARES ON OFFER
Logiciel Solutions IPO IMPORTANT DATES
| Issue Open Date | 28 Nov 2025 |
| Issue close Date | 02 Dec 2025 |
| Allotment Date | 03 Dec 2025 |
| Refund Date | 04 Dec 2025 |
| Demat Account Credit Date | 04 Dec 2025 |
| Listing Date | 05 Dec 2025 |
| Listing on Exchange(s) | BSE |
| Logiciel Solutions Allotment Status | Exchange/ Registrar |
Logiciel Solutions IPO subscription opened on 28 Nov 2025, and closed on 02 Dec 2025
IPO allotment for Logiciel Solutions was finalized on Wednesday, 03 Dec 2025
IPO listing for Logiciel Solutions was on BSE on Friday, 05 Dec 2025
Logiciel Solutions IPO LISTING GAINS
| Issue Price (adjusted) | 193.0 |
| Listing Open Price | 154.4 |
| Listing Close Price | 146.7 |
| Listing Gain% | -20.0% |
| Current Gain% | -83.2% |
Logiciel Solutions Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logiciel Solutions Ltd. | 32.5 | 24.3 | 10.3 | -0.2 | 1.1 | 4.3 | 4 | 22.7 | 7 | 2.3 | -54.5 | 3.1 | -54.5 |
| Tata Consultancy Services Ltd. | 2441.1 | 883211.3 | 17.7 | 16.6 | 3.2 | 45.9 | 27 | 271423 | 4.7 | 49210 | 1.4 | 137.6 | 1.1 |
| Infosys Ltd. | 1186 | 481285.5 | 15.9 | 1.4 | 2.6 | 31.7 | 18.9 | 182972 | 9.8 | 29440 | 10.2 | 74.6 | 11.1 |
| HCL Technologies Ltd. | 1356.4 | 368081.5 | 21.1 | 8 | 2.7 | 22.1 | 14.3 | 131674 | 10.2 | 16642 | -4.3 | 64.2 | 2.6 |
| Wipro Ltd. | 185.7 | 183904.8 | 13.9 | -7.7 | 1.9 | 15 | 9.3 | 96497.7 | 3.8 | 13197.4 | 0.5 | 13.3 | -1.8 |
| Tech Mahindra Ltd. | 1635.3 | 160273.3 | 31.2 | 2.4 | 2.7 | 16.2 | 9.7 | 56847.3 | 5.6 | 4810.9 | 13.2 | 52.4 | 13.1 |
Logiciel Solutions INFORMATION ON IPO ISSUE
About Logiciel Solutions
Logiciel Solutions was incorporated on July 14, 2011. The company is an experienced outsourced software development firm providing end-to-end custom solutions for global enterprises and startups. It specialises in Cloud Engineering, AI/ML, UI/UX, and Application Development, using advanced technologies to deliver high-performance digital products
Object of the Issue
- Capital expenditure towards the upgrading of physical infrastructure
- Investment in human resources and product development
- Capital expenditure towards the upgradation of IT infrastructure
- Funding for business development and marketing activities
- General corporate purposes
Logiciel Solutions - PROMOTERS
| Name |
|---|
| Umesh Sharma |
| Ajay Sharma |
| Prem Lal Sharma |
| Lateesh Sharma |
Logiciel Solutions - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Umesh Sharma | Managing Director |
| Ajay Sharma | Whole Time Director |
| Prem Lal Sharma | Chairman & Non- Executive Non-Independent Director |
| Lateesh Sharma | Executive Director |
| Rupinder Singh | Independent Director |
| Vishal Kant | Independent Director |
Logiciel Solutions Book Running Lead Manager
Fintellectual Corporate Advisors Private Limited
ipo@fintellectualadvisors.com
Logiciel Solutions Registrar to the issue
Maashitla Securities Private Limited
investor.ipo@maashitla.com
Logiciel Solutions Strengths
Startup & growth venture expertise
The company partners with startup founders and technology leaders to support the full software lifecycle, from MVP development to scalable enterprise-grade solutions. Its teams deliver rapid prototypes, long-term maintainable software, and high-performing engineering support that integrates seamlessly with client teams
AI-augmented software development
The company is an early adopter of AI, integrating tools like Cursor, Copilot, and Windsurf to automate coding, testing, bug detection, and project planning. This AI-enabled workflow significantly boosts delivery speed while maintaining high quality and reliability
Operational cost efficiency
By operating from India, the company gives clients access to high-quality technical talent at significantly lower cost than building in-house teams in the USA, UK, and Canada. This model enables predictable budgets, a longer runway for startups, and flexible team scaling without added overhead
Logiciel Solutions Risks
Employee retention
Their success depends on a highly skilled workforce, and the company focuses on attracting, training, and retaining talent through structured learning, leadership development, and continuous upskilling. They follow a performance-based compensation model and incur significant employee benefit expenses, which were Rs 11.23 crore in FY25, Rs 8.93 crore in FY24, and Rs 8.26 crore in FY23, representing over half of their total income in each period
Dependent on third party cloud services
The company relies heavily on third-party cloud services, particularly AWS, to run its IT systems, making it vulnerable to operational, financial, legal, and reputational risks if these providers face issues. Ineffective management of these third-party relationships or disruptions in their services could negatively impact the company’s operations and financial performance
Cyber-security risks
The company faces increasing cyber risks due to evolving and sophisticated threats, which could compromise the integrity of its systems, data, or customer networks. While no past breaches have occurred, any future cyber-attack or system failure could lead to legal and regulatory liabilities, financial losses, reputational damage, higher compliance costs, and a material adverse impact on business and cash flows
IPO FAQs
This IPO consists of an offer for sale of up to Rs 7.2 crore, of 373,200 shares. It also consists of a fresh issue of Rs 32.7 crore.
The promoters of the company are Umesh Sharma, Ajay Sharma, Prem Lal Sharma and Lateesh Sharma.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 183.0 - 193.0.
The IPO application opens on Nov 28, 2025 and closes on Dec 02, 2025.
The minimum lot size for the IPO is 1200. The maximum lot size for the IPO is 1200.
For all category investors, the minimum application amount for this IPO is Rs. 219,600.0, the maximum value for this IPO is Rs 231,600.0.
This IPO will be allotted on Dec 03, 2025.
The refund will be credited to your account on Dec 04, 2025.
The allotted shares will be credited to your demat on Dec 04, 2025.
Logiciel Solutions Ltd.’s shares listed on the stock exchanges on Dec 05, 2025.