Logiciel Solutions Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹193
Per ShareLot Size
600 Shares
Minimum Investment
₹1,15,800
Issue Size
₹39.9 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
47.6%
QIB Quota
5.1%
NII Quota
47.3%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Logiciel Solutions Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
82.78%
Promoter Holding (Post-Issue)
59%
Issue Type
Book Building - SME
ISIN
INE1BA901016
About the Company
Established in 2011, Logiciel Solutions Limited has grown into offshore software development partner, empowering startups and growing businesses to transform visionary ideas into scalable, secure, and high-performance digital platforms. With over a decade of consistent delivery excellence, we specialize in creating tailored, robust, and future-ready software solutions across web, mobile, and cloud-native technologies.
Industry Overview
The Indian Information Technology/ Software industry is a global powerhouse today, and its impact on India has been incomparable. It has contributed immensely in positioning the country as a preferred investment destination amongst global investors and creating hug job opportunities in India, as well as in the USA, Europe and other parts of the world. In the last decade, the industry has grown many folds in revenue terms, and relative share to India's GDP is around 7.3 percent in FY2024-25. India is the topmost off-shoring destination for IT companies across the world. Having proven its capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entire new gamut of opportunities for top IT firms in India. Indian IT/Software industry offers cost-effectiveness, great quality, high reliability, speedy deliveries and, above all, the use of state-of-the-art technologies globally.
Company History
Our Company was originally incorporated as a Private limited company under the Companies Act, 1956 in the name and style of "Logiciel Solutions Private Limited" bearing Corporate Identification Number U72900PB2011PTC035275 dated July 14, 2011, issued by the Registrar of Companies, Chandigarh. Subsequently, our Company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on December 14, 2024, and consequently the name of our Company was changed from "Logiciel Solutions Private Limited" to "Logiciel Solutions Limited " vide a fresh certificate of incorporation dated January 31, 2025, issued by the Registrar of Companies, Chandigarh bearing CIN U72900PB2011PLC035275. At present, the registered office of the company situated at Office H.NO. 9-A, Main Road Sunder Nagar, Ludhiana, Punjab, 141007, India.
Growth Strategy
- Strengthening & Expanding Client Relationships.
- Attracting, Building & Retaining Top Talent.
- Strengthening Marketing & Sales Through Technology-Driven Strategies.
- Infrastructure Investments for Scalability.
- AI Integration Strategy.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of up to 20,67,600 equity shares of face value of Rs. 10/- each of Logiciel Solutions Limited ("LSL" or the "Company" or the "Offeror") at an offer price of Rs. 193 per equity share (Including a Share Premium of Rs. 183 per Equity Share) for Cash, aggregating up to Rs. 39.90 crores ("Public Offer") comprising of a fresh issue up to 16,94,400 equity shares aggregating to Rs. 32.70/- crores (the "Fresh Issue") and an offer for sale of up to 1,86,600 equity shares by Umesh Sharma and up to 1,86,600 by Ajay Sharma ("the Promoter Selling Shareholders"), aggregating up to 3,73,200 equity shares by the promoter selling shareholders ("Offer for Sale") aggregating up to Rs. 7.20 crores, out of which 1,03,800 equity shares of face value of Rs. 10/- each at an offer price of Rs. 193/- per equity share including a share premium of Rs. 183/- per equity share aggregating to Rs. 2.00 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 19,63,800 equity shares of face value of Rs. 10/- each at an offer price of Rs. 193/- per equity share including a share premium of Rs. 183/- per equity share aggregating to Rs. 37.90 crores is herein after referred to as the "Net Offer". The offer and the net offer will constitute 27.69% and 26.30 %, respectively, of the post offer paid up equity share capital of the company. Price Band: Rs. 193/- for equity share of face value of Rs. 10 each. The floor price is 19.30 times times the face times of the face value of the equity shares. Bids can made for a minimum of 1,200 equity shares and in multiples of 600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Attract, develop and retain highly skilled employees to sustain our service quality and customer experience.
- Ability to provide customized and integrated IT solutions.
- Experienced Promoter and Management Team.
- Diversified Portfolio of Services offered.
- Tailored Tech Solutions.
- The company derives a substantial portion of its revenue from a limited number of customers, with the company single largest customer accounting for more than 50% of its revenue from operations over the last three financial years and stub period. Consequently, the loss of any of these key customers, or a significant reduction in the volume of business from them, could have a material adverse impact on its business, financial condition, and results of operations.
- Its revenues from operations are heavily dependent on customers located in the United States of America (USA). Worsening economic conditions or factors that negatively affect the economic conditions of the USA could materially adversely affect its business, financial condition and results of operations.
- Its Promoter Group are in businesses similar to ours which may result in potential conflict of interest with the company.
- There are certain discrepancies/errors/delay filings noticed in some of its corporate records relating to forms filed with the Registrar of Companies and other provisions of Companies Act, 2013. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate or any other law could impact the financial position of the Company to that extent.
- There are certain instances of delays in payment of statutory dues by it. Any further delays in payment of statutory dues may attract financial penalties from the respective government authorities and in turn may have a material adverse impact on its financial condition and cash flows.