Logiciel Solutions Set to Launch ₹39.90 Crore IPO on BSE SME

Logiciel Solutions Limited, a leading AI-first software engineering firm, is launching an Initial Public Offering (IPO) worth ₹39.90 Crore on 28th November 2025. The proceeds will fund capital and IT infrastructure upgrades, HR expansion, and marketing. IPO concludes on 2nd December 2025.

Mumbai - Logiciel Solutions Limited, a prominent offshore AI-first software engineering company, is set to open its Initial Public Offering (IPO) on Friday, 28th November 2025, aiming to raise ₹39.90 Crores. The shares, with a face value of ₹10 and a price band of ₹183 - ₹193 per share, will be listed on the BSE SME platform, marking a significant step in the company's growth trajectory.

The planned IPO includes a total issue of 20,67,600 equity shares. Of these, 16,94,400 are fresh issues, while 3,73,200 are offered for sale. The allocation breakdown assigns up to 1,00,200 shares to Qualified Institutional Buyers, not less than 9,28,800 shares to Non-Institutional Investors, 9,34,800 shares to Individual Investors, and 1,03,800 shares to Market Makers. The proceeds are intended for upgrading infrastructure, expanding human resources, enhancing IT foundations, and for business development and marketing activities.

As the Managing Director, Mr. Umesh Sharma highlighted the company's commitment to engineering excellence and innovation, with a vision to expand its capabilities in AI-led development and cloud engineering. Fintellectual Corporate Advisors Private Limited serves as the Book Running Lead Manager, and the company is poised to make substantial contributions to the rapidly evolving technology services sector.

(With inputs from agencies.)