Eastern Logica Infoway Limited IPO
BSE SMEListed On: Jan 17, 2023 at ₹ 270.0
₹ 270000 /1200 Shares
*Min Investment
05 Jan, 2023
Open Date09 Jan, 2023
Close Date12 Jan, 2023
Allotment Date17 Jan, 2023
Listing DateEastern Logica Infoway Limited IPO Issue Details
- Issue Price ₹225 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 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)
- Listing at BSE SME
- List Price 270.0
- Listing Date 2023-01-17
- Lead Manager Oneview Corporate Advisors Private limited
- Registrar KFin Technologies Limited
Eastern Logica Infoway Limited IPO Details
- Retail Portion N/A
Eastern Logica Infoway Limited IPO Details
Eastern Logica Infoway Limited IPO is an SME IPO, priced at ₹225 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Jan 5, 2023 to Jan 9, 2023. The allotment is expected to be finalized on Jan 12, 2023, and the tentative listing date is Jan 17, 2023.
The registrar of the IPO is KFin Technologies Limited, and
Eastern Logica Infoway Limited IPO Subscription Analysis And 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 |
Eastern Logica Infoway Limited Valuations
Eastern Logica Infoway Limited Company Financials
| 30-Sep-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 12561.79 | 12663.71 | 10324.43 | 8490.92 |
| Revenue | 30504.16 | 61558.01 | 44702.9 | 49882.84 |
| Profit After Tax | 133.14 | 285.34 | 233.59 | 181.62 |
About Eastern Logica Infoway Limited 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 - Promoter(s)
Gaurav Goel
Shweta Goel
Pre Issue Share Holding : 100%
Post Issue Share Holding : 73.59%
Eastern Logica Infoway Limited IPO - Issue Objectives
Funding working capital requirements.
General corporate purposes.
Eastern Logica Infoway Limited IPO - FAQs
Ans. Eastern Logica Infoway Limited IPO is a SME IPO. The issue is priced at ₹225 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Jan 5, 2023, and closes on Jan 9, 2023. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Eastern Logica Infoway Limited IPO opens on Jan 5, 2023 and closes on Jan 9, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Eastern Logica Infoway Limited IPO is 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).
Ans. The Eastern Logica Infoway Limited IPO price band is set between ₹225 per equity share.
Ans. To apply for Eastern Logica Infoway Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Eastern Logica Infoway Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Eastern Logica Infoway Limited IPO is Jan 12, 2023.
Ans. The Eastern Logica Infoway Limited IPO will be listed on Jan 17, 2023.
Ans. Follow the steps to check the Eastern Logica Infoway Limited IPO allotment status online.
