Eastern Logica Infoway IPO – GMP, Date, Price, Review, Allotment – IPO Watch
Written by Lucky Wilson | KJMM.COM on December 29, 2022
Eastern Logica Infoway IPO Details: Eastern Logica Infoway IPO date is fixed, The IPO will open on January 5 and will close on January 9, 2023. Eastern Logica Infoway is a BSE SME IPO to raise ₹16.94 crores via IPO. The Eastern Logica Infoway IPO price band is fixed at ₹225 with a market lot of 600 shares.
Eastern Logica Infoway Limited is doing multi-brand retail and retail selling as well as distribution of branded smartphones, IT hardware, software, and allied accessories and services. They also provide networking and security solutions to their consumers. Their main business categories are retail, services, e-commerce, and distribution.
The company is doing business since 1995 with over 25 years of experience. They are increasing their market reach to 11 cities across the country by setting up retail stores, and distribution centers, venturing into eCommerce and setting up virtual offices. They have 8 retail stores and 3 distribution centers and virtual offices across 11 cities in the Country. Some of their customers are Eshaa Communication Private Limited, Checkers India Technology Private Limited, Balaji Solutions Limited, Aakanksha Distributors Private Limited, and Fareast Exim Venture Private Limited.
Objects of the Issue:
- Funding working capital requirements.
- General Corporate Purposes.
Eastern Logica Infoway IPO Review
Date | GMP | Kostak | Subject to |
29 December | ₹- | ₹- | ₹- |
Eastern Logica Infoway IPO Date & Price Band Details
IPO Open: | January 5, 2023 |
IPO Close: | January 9, 2023 |
IPO Size: | Approx ₹16.94 Crores, 753,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹225 Per Equity Share |
IPO Listing on: | BSE SME |
Retail Quota: | 50% of the net offer |
NII Quota: | 50% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Eastern Logica Infoway IPO Market Lot
The Eastern Logica Infoway IPO minimum market lot is 600 shares with a ₹135,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 600 | ₹135,000 |
Retail Maximum | 1 | 600 | ₹135,000 |
S-HNI Minimum | 2 | 1200 | ₹270,000 |
Eastern Logica Infoway IPO Dates
The Eastern Logica Infoway IPO date is January 5 and the IPO close date is January 9. The IPO allotment date is January 12 and the IPO might list on January 17.
IPO Open Date: | January 5, 2023 |
IPO Close Date: | January 9, 2023 |
Basis of Allotment: | January 12, 2023 |
Refunds: | January 13, 2023 |
Credit to Demat Account: | January 16, 2023 |
IPO Listing Date: | January 17, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Eastern Logica Infoway IPO Form
How to apply Eastern Logica Infoway IPO? You can apply Eastern Logica Infoway IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Eastern Logica Infoway IPO in the Invest section. The other option you can apply Eastern Logica Infoway IPO via IPO forms download via the BSE website. Check out the Eastern Logica Infoway forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Eastern Logica Infoway Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2020 | ₹499 | ₹496 | ₹1.81 |
2021 | ₹447 | ₹444 | ₹2.34 |
2023 | ₹616 | ₹612 | ₹2.85 |
2023 6M | ₹305 | ₹303 | ₹1.33 |
Eastern Logica Infoway IPO Valuation – FY2022
Check Eastern Logica Infoway IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹13.24 per Equity Share |
Price/Earning P/E Ratio: | 17.00 |
Return on Net Worth (RoNW): | 8.22% |
Net Asset Value (NAV): | ₹158.75 per Equity Share |
Peer Group
Eastern Logica Infoway IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Eastern Logica Infoway IPO Allotment Status
Check Eastern Logica Infoway IPO allotment status on KFintech website URL. Click Here
Eastern Logica Infoway IPO Lead Managers
- Oneview Corporate Advisors Private limited
Company Address
Eastern Logica Infoway Limited
2 Saklat Place
1st Floor,
Kolkata, West Bengal 700072
Phone: 033 4058 0000
Email: [email protected]
Website: http://www.easternlogica.com/
Eastern Logica Infoway IPO FAQs
What is Eastern Logica Infoway IPO?
Eastern Logica Infoway IPO is a BSE SME IPO. They are going to raise ₹16.94 Crores via IPO. The issue is priced at ₹225 per equity share. The IPO is to be listed on BSE.
When Eastern Logica Infoway IPO will open?
The IPO is to open on January 5, 2023 for NII, and Retail Investors.
What is Eastern Logica Infoway IPO Investors Portion?
The investors’ portion for NII is 50%, and Retail is 50%.
How to Apply the Eastern Logica Infoway IPO?
You can apply Eastern Logica Infoway IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Eastern Logica Infoway IPO through Zerodha?
How to Apply the Eastern Logica Infoway IPO through Upstox?
How to Apply the Eastern Logica Infoway IPO through Paytm Money?
What is Eastern Logica Infoway IPO Size?
Eastern Logica Infoway IPO size is ₹16.94 crores.
What is Eastern Logica Infoway IPO Price Band?
Eastern Logica Infoway IPO Price Band is ₹225 per equity share.
What is Eastern Logica Infoway IPO Minimum and Maximum Lot Size?
The IPO bid is 600 shares with ₹135,000.
What is Eastern Logica Infoway IPO Allotment Date?
Eastern Logica Infoway IPO allotment date is January 12, 2023.
What is Eastern Logica Infoway IPO Listing Date?
Eastern Logica Infoway IPO listing date is January 17, 2023. The IPO to list on BSE SME.
Note: The Eastern Logica Infoway IPO details are announced officially. The IPO grey market premium (Eastern Logica Infoway IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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