Logiciel Solutions IPO Shows Modest Response, Subscribed 2.04x on Day 3

Logiciel Solutions Limited's initial public offering (IPO) has demonstrated modest investor interest through its third day of subscription. The stock price band is set at ₹183-193 per share. The ₹39.90 crore IPO reached 2.04 times by 5:04:40 PM on day three. This indicates modest investor interest in this outsourced software development partner incorporated in 2011.

Logiciel Solutions IPO individual investors segment leads with moderate 3.42 times subscription. Qualified institutional buyers demonstrate moderate participation at 1.32 times. Non-institutional investors show weak interest at 0.73 times. Market makers show complete participation at 1.00 times.

Logiciel Solutions IPO subscription reached modest 2.04 times on day three. It was led by Individual Investors (3.42x), Qualified Institutional Buyers Ex-Anchor (1.32x), and Non-Institutional Investors (0.73x). Total applications reached 2,938.

Subscription Status of Logiciel Solutions IPO:

Here are the subscription details for Logiciel Solutions IPO as of Day 3 (December 2, 2025, 5:04:40 PM):

Key Highlights - Day 3:

• Overall subscription reached modest 2.04 times, showing modest improvement from day two's 1.48 times
• Individual investors displaying moderate confidence at 3.42 times, building substantially from day two's 2.60 times, indicating improved retail interest for this SME IPO
• Qualified institutional buyers (ex-anchor) showing moderate performance at 1.32 times, building substantially from day two's 0.02 times, indicating improved institutional appetite for this software development outsourcing partner
• Non-institutional investors showing weak participation at 0.73 times, marginally improving from day two's 0.50 times, indicating subdued HNI appetite
• Total applications reached 2,938, showing limited investor participation for this SME IPO
• Cumulative bid amount reached ₹77.33 crores, exceeding the net offer size of ₹37.90 crores (excluding market maker portion) by approximately 2 times
• Market makers fully subscribed their allocation of ₹2.00 crores

Logiciel Solutions IPO - Day 2 Subscription at 1.48 Times

• Overall subscription reached moderate 1.48 times, showing modest improvement from day one's 1.00 times
• Individual investors displaying moderate confidence at 2.60 times, building from day one's 1.65 times
• Non-institutional investors showing weak performance at 0.50 times, marginally improving from day one's 0.46 times
• Qualified institutional buyers showing minimal participation at 0.02 times, marginally improving from day one's 0.00 times

Logiciel Solutions IPO - Day 1 Subscription at 1.00 Times

• Overall subscription reached moderate 1.00 times, showing cautious initial investor interest
• Individual investors displaying moderate confidence at 1.65 times, showing measured retail interest
• Non-institutional investors showing weak performance at 0.46 times, indicating weak HNI appetite
• Qualified institutional buyers showing negligible participation at 0.00 times, indicating no institutional interest

About Logiciel Solutions Limited

Incorporated in July 2011, Logiciel Solutions Limited is an outsourced software development partner, delivering end-to-end custom technology solutions to startups and enterprises worldwide. The company has established itself as an offshore software partner, assisting startups and businesses in transforming their ideas into scalable, secure, and high-performance digital platforms. Core competencies include Cloud Engineering, AI/ML, UI/UX Design, and Application Development, utilizing cutting-edge technologies to build scalable, high-performance digital products. Services offered include custom software development, infrastructure and cloud services, big data and analytics, UI/UX design, software testing and QA services, MVP development, mobile app development, and AI and machine learning. The company serves customers across home improvement, energy, marketing tech, AI and software development, real estate, and retail sectors. As of October 31, 2025, the company employs 107 people in various departments. Competitive strengths include startup and growth venture expertise, AI-augmented software development, rapid team onboarding, operational cost efficiency, and long-term client retention with value expansion.