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Eastern Logica Infoway IPO – GMP, Date, Price, Review, Allotment – IPO Watch

Written by 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.
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How to Apply the Eastern Logica Infoway IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Eastern Logica Infoway”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Eastern Logica Infoway IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Eastern Logica Infoway”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Eastern Logica Infoway IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Eastern Logica Infoway”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 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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