• Total Issue Size - Up To 20,67,600 Equity Shares of ₹ 10 each • Fresh Issue - Up to 16,94,400 Equity Shares • Offer For Sale - Up to 3,73,200 Equity Shares • IPO Size - ₹ 39.90 Crore (At Upper Price Band) • Price Band - ₹ 183 - ₹ 193 Per Share •Lot Size – 600 Equity Shares Mumbai– Logiciel Solutions Limited is an offshore, AI-First Software engineering company specializing in custom software development, cloud engineering, AI/ML, UI/UX Design, proposes to open its Initial Public Offering on Friday, 28th November, 2025 and aiming to raise ₹ 39.90 Crores, with shares to be listed on the BSE SME platform.

The issue size is 20,67,600 equity shares with a face value of ₹ 10 each with a price band of ₹ 183 - ₹ 193 Per Share.

Equity Share Allocation • Qualified Institutional Buyer – Up to 1,00,200 Equity Shares • Non-Institutional Investors - Not Less than 9,28,800 Equity Shares • Individual Investors - Not Less than 9,34,800 Equity Shares • Market Maker – 1,03,800 Equity Shares The net proceeds from the IPO will be utilized for capital expenditure on upgrading physical infrastructure, investment in human resources and manpower hiring, capital expenditure towards upgrading IT infrastructure, funding for business development & marketing activities and general corporate purpose. The issue is scheduled to close on 02nd December, 2025.

The Book Running Lead Manager to the Issue is Fintellectual Corporate Advisors Private Limited and the Registrar is Maashitla Securities Private Limited.

Mr. Umesh Sharma, Managing Director of Logiciel Solutions Limited, expressed, "At Logiciel Solutions, our journey has been defined by a deep commitment to engineering excellence, transparency and client-centric delivery. Over the years, we have consistently evolved our engineering capabilities to align with emerging technologies and industry needs. Our hybrid delivery model combining a strong office-based core with skilled distributed engineering teams allows us to deliver predictable outcomes and long-term value to our clients.

As we take the next step through this IPO, our vision is to accelerate our growth in AI-led development, cloud engineering and enterprise product transformation. With a leadership team deeply rooted in technology execution and strategic foresight, we remain committed to scaling responsibly while continuing to deliver engineering depth and innovation. This offering marks a significant milestone in our journey, enabling us to strengthen capabilities, expand global reach and create long-term value for all our customers." Mr. Amit Puri, Director of Fintellectual Corporate Advisors Private Limited said, "Logiciel Solutions enters the market at a time when the global technology services industry is expanding rapidly, driven by accelerated cloud adoption, AI-led engineering and increasing digital transformation investments across North America. With its AI-first delivery approach, strong engineering culture and proven track record in building secure, scalable SaaS and B2B platforms, Logiciel is strategically positioned to capitalize on the robust demand for high-quality offshore software development.

The company’s focus on innovation, long-term client partnerships and distributed engineering strength provides a solid foundation for sustainable growth. This IPO is expected to enable Logiciel to enhance its talent base, strengthen AI and cloud capabilities and scale its delivery infrastructure to meet rising industry opportunities. Given the sector’s strong tailwinds and the company’s consistent execution, Logiciel presents an attractive proposition and exposure to the fast-growing digital engineering and AI development space." About Logiciel Solutions Limited: Logiciel Solutions Limited (“Logiciel”) is an offshore, AI-First Software engineering company specializing in custom software development, cloud engineering, UI/UX and long-term engineering partnerships for North American startups and SMBs. Established in 2011 and headquartered in Ludhiana, the Company operates through a hybrid model combining office-based teams with distributed engineering talent across India.

Logiciel focuses on building secure, scalable and high-performance digital platforms. With a delivery culture centered on transparency, predictable execution and engineering depth, the Company has maintained long-standing client relationships, supported by AI-assisted development practices integrated into coding, testing and workflow management.

In FY25, The Company achieved a Revenue of ₹2,090.55 Lakhs, EBITDA of ₹814.24 Lakhs & PAT of ₹547.43 Lakhs.

During Sept 25, The Company achieved a Revenue of ₹1,271.88 Lakhs, EBITDA of ₹503.36 Lakhs & PAT of ₹355.48 Lakhs.

(Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR