Eastern Logica Infoway Limited IPO (Eastern Logica Infoway IPO)

Eastern Logica Infoway Limited IPO
Upcoming Eastern Logica Infoway IPO | New Eastern Logica Infoway IPO

Eastern Logica Infoway Limited is engaged in multi-brand retail and retail selling as well as distribution of branded smart phones,
IT hardware, software and allied accessories and services
. Company also provides networking and security solution to our consumers.

As on December 15, 2022, Eastern Logica Infoway has 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 IPO

Eastern Logica Infoway IPO – Details

IPO Opening Date05 January 2023
IPO Closing Date09 January 2023
Issue TypeFixed Price Issue IPO
Issue Size7,53,000 Shares Worth ₹16.94 Crore
Fresh Issue: 6,64,200 Shares Worth ₹14.94 Crore
Offer For Sale: 88,800 Shares Worth ₹2.00 Crore
Face Value₹10 per share
IPO Price₹225
Market Lot600 Shares
Min Order600 Shares (1 Lot)
Listing AtBSE SME
RegisterKFin Technologies Limited
Retail Shares Offered50%
NII (HNI) Shares Offered50%

Eastern Logica Infoway IPO – Date Schedule

IPO Open Date05 January 2023
IPO Close Date09 January 2023
Basis of Allotment12 January 2023
Initiation of Refunds13 January 2023
Credit of Shares to Demat Account16 January 2023
IPO Listing Date17 January 2023

Eastern Logica Infoway IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)

Competitive Strengths

  • Experienced management team with a proven track record.
  • Strategically located business outlets and offices.
  • Robust customer service support, timely delivery & installation support.

Company Promoters

  • Gaurav Goel
  • Shweta Goel

Object Of The Issue

  • To meet the Working Capital requirements of the Company.
  • General corporate purposes.
Eastern Logica Infoway IPO
Issue Object

Company Financials

ParticularsTotal RevenueTotal ExpenseProfit After Tax
31 March 2020498.82496.261.81
31 March 2021447.02443.882.33
31 March 2022615.58611.712.85
30 September 2022305.04303.051.33
Amount in ₹ Crore

Eastern Logica Infoway IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding73.59%

Eastern Logica Infoway IPO Prospectus

Company Contact Information

Eastern Logica Infoway Limited

2 Saklat Place
1st Floor,
Kolkata, West Bengal 700072

Phone: 033 4058 0000
Email: cs@easternlogica.com

Eastern Logica Infoway IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: easternlogica.ipo@kfintech.com

Eastern Logica Infoway IPO Lead Manager(s)

1. Oneview Corporate Advisors Private limited

Eastern Logica Infoway IPO FAQs

Eastern Logica Infoway IPO FAQs
What is Eastern Logica Infoway IPO?

Eastern Logica Infoway IPO is a SME IPO. The issue is priced at ₹225 per equity share. The IPO is to be listed on BSE SME.
When Eastern Logica Infoway IPO will open?

The IPO is to open on  05 January 2023 for NII and Retail Investors.
What is Eastern Logica Infoway IPO Investors Portion?

The investors’ portion for NII-50%, and Retail 50%.
How to 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 5 Paisa?

Log in to 5 Paisa 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 5 Paisa.
How to Apply the Eastern Logica Infoway IPO through Edelweiss?

Log in to Angle One 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 Edelweiss.
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.
What is Eastern Logica Infoway IPO Minimum and Maximum Lot Size?

The minimum bid is 600 Shares with ₹1,35,000 amount while the maximum bid is 600 shares with  ₹1,35,000.
What is the Eastern Logica Infoway IPO Allotment Date?

Eastern Logica Infoway IPO allotment date is 12 January 2023.
What is the Eastern Logica Infoway IPO Listing Date?

Eastern Logica Infoway IPO listing date is 17 January 2023. The IPO is to list on BSE SME.
Share Market IPO App
Previous articleChaman Metallics Limited IPO (Chaman Metallics IPO)
Next articleDucol Organics And Colours Limited IPO (Ducol Organics and Colours IPO)