Eastern Logica Infoway Limited
BSE SME₹135,000 / 600 Shares
Eastern Logica Infoway Limited IPO Details
The Eastern Logica Infoway Limited IPO price band is set between ₹225 per equity share, with a face value of ₹10 per share. The issue is managed by KFin Technologies Limited, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 5 Jan, 2023 and closes on 9 Jan, 2023. Investors can check the allotment status on 12 Jan, 2023, while the listing date is tentatively scheduled for 17 Jan, 2023.
The total issue size is Total 753,000 shares of ₹10, aggregating up to ₹16.94 Cr. Stay tuned for the latest Eastern Logica Infoway Limited IPO review and GMP updates.
Eastern Logica Infoway Limited IPO Review, Rating & Analysis
Eastern Logica Infoway Limited IPO Review
NO REVIEWEastern Logica Infoway Limited IPO Rating
Eastern Logica Infoway Limited IPO Highlights
IPO Date
Jan 5, 2023 - Jan 9, 2023
Listing Date
17 Jan, 2023
Face Value
₹10 Per Equity Share
Price Band
₹225 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Eastern Logica Infoway Limited IPO Lot Size
The minimum market lot for Eastern Logica Infoway Limited IPO is 600 shares with an application amount of ₹1,35,000. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,35,000 |
| Retail (Max) | 1 | 600 | ₹1,35,000 |
| S-HNI (Min) | 2 | 1200 | ₹2,70,000 |
| S-HNI (Max) | 7 | 4200 | ₹9,45,000 |
| B-HNI (Min) | 8 | 4800 | ₹10,80,000 |
Eastern Logica Infoway Limited IPO Timeline
Issue Price
₹225 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
KFin Technologies LimitedLead Manager
Oneview Corporate Advisors Private limitedIssue Size
Total 753,000 shares of ₹10(aggregating up to ₹16.94 Cr) : Fresh Issue for 664,200 shares of ₹10(aggregating up to ₹14.94 Cr) + Offer for Sale for 88,800 shares of ₹10(aggregating up to ₹2.00 Cr)Eastern Logica Infoway Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 22 | 12561.79 | 30504.16 | 133.14 | - | - | - |
| 31 Mar 22 | 12663.71 | 61558.01 | 285.34 | - | - | - |
| 31 Mar 21 | 10324.43 | 44702.9 | 233.59 | - | - | - |
| 31 Mar 20 | 8490.92 | 49882.84 | 181.62 | - | - | - |
All values are in ₹ Lakh
Promoters & Share Holding
Promoter(s) Name
- Gaurav Goel
- Shweta Goel
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.59% |
About Company
Incorporated in 1995, Eastern Logica Infoway Limited is engaged in the business of multi-brand retail and retail selling. They also operate as a distributor of branded smartphones, IT hardware, software and allied accessories and services.
Another domain that Eastern Logica Infoway captures is providing networking and security solutions to the end customers. The company has built a strong presence in the market in the 25 years of its operations.
Eastern Logica Infoway has spread its operations in different parts of India and has established 4 offices, 11 retail stores, 2 distribution centres and virtual offices across 11 cities in the Country. They operate on a lease rental model with a focus on securing retail spaces, ensuring high visibility and easy accessibility to customers.
The company has built a strong chain of customers and some of its customers are - Eshaa Communication Private Limited, Checkers India Technology Private Limited, Balaji Solutions Limited, Aakanksha Distributors Private Limited, and Fareast Exim Venture Private Limited.
Eastern Logica Infoway can be located in West Bengal, Delhi, Haryana, Karnataka, Telangana, Maharashtra, Gujarat, and Tamil Nadu.
Eastern Logica Infoway Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 357,000 | 357,000 | 714,000 |
Day 1 -05-01-23 06:00 PM | 0.08 x | 0.11 x | 0.09 x |
Day 2 -06-01-23 06:00 PM | 0.74 x | 0.34 x | 0.54 x |
Day 3 -09-01-23 06:00 PM | 1.92 x | 1.56 x | 1.74 x |
Frequently Asked Questions about Eastern Logica Infoway Limited IPO
When will Eastern Logica Infoway Limited IPO open for subscription?
The Eastern Logica Infoway Limited IPO opens on 5 Jan, 2023 and closes on 9 Jan, 2023.
What is the investors portion for Eastern Logica Infoway Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 357000.
How to apply for Eastern Logica Infoway Limited IPO?
You can apply for Eastern Logica Infoway Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Eastern Logica Infoway Limited IPO?
The issue size of Eastern Logica Infoway Limited IPO is approx ₹Total 753,000 shares of ₹10(aggregating up to ₹16.94 Cr) : Fresh Issue for 664,200 shares of ₹10(aggregating up to ₹14.94 Cr) + Offer for Sale for 88,800 shares of ₹10(aggregating up to ₹2.00 Cr) crores.
What is the price band of Eastern Logica Infoway Limited IPO?
The price band for Eastern Logica Infoway Limited IPO is ₹225 per equity share to ₹undefined.
What is the lot size of Eastern Logica Infoway Limited IPO?
The minimum bid (lot size) for Eastern Logica Infoway Limited IPO is N/A shares with an investment of approx ₹135,000 .
What is the allotment date of Eastern Logica Infoway Limited IPO?
The allotment date for Eastern Logica Infoway Limited IPO is 12 Jan, 2023.
What is the listing date of Eastern Logica Infoway Limited IPO?
The listing date for Eastern Logica Infoway Limited IPO is expected to be 17 Jan, 2023.
What is the GMP of Eastern Logica Infoway Limited IPO?
The latest Grey Market Premium (GMP) for Eastern Logica Infoway Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.