Eastern Logica Infoway Limited IPO

BSE SME

Listed On: Jan 17, 2023 at ₹ 270.0

₹ 135000 /600 Shares

Check Allotment

Eastern Logica Infoway Limited IPO Details

05 Jan, 2023

Open Date

09 Jan, 2023

Close Date

12 Jan, 2023

Allotment Date

17 Jan, 2023

Listing Date

Issue Price

₹225 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

KFin Technologies Limited

List Price

270.0

Listing Date

2023-01-17

Market Lot

600 Shares (₹135,000/-)

Lead Manager

Oneview Corporate Advisors Private limited

Issue 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)

Retail Portion

N/A

Subscription

1.74 times

IPO Docs

DRHP RHP

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

Eastern Logica Infoway Limited Valuations

Earnings Per Share (EPS)

₹13.24/-

P/E Ratio

17.00

RoNW

8.22%

Net Asset Value (NAV) - Post Issue

₹158.75/-

Eastern Logica Infoway Limited Company Financials All values are in ₹ Lakh

	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 The 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)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.59%

Company Promoter(s)

Gaurav Goel
Shweta Goel

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. 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 IPO price band is set between ₹225 per equity share.

Ans. To apply for Eastern Logica Infoway Limited IPO 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 allotment status for Eastern Logica Infoway Limited IPO here.