HomeIPO SMEEastern Logica Infoway IPO Details

Eastern Logica Infoway IPO Details

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Subscription StatusAllotment StatusListing Date

Eastern Logica Infoway IPO subscription is to open on Jan 05, 2023 and will close on Jan 09, 2023, the price band of the Eastern Logica Infoway IPO is fixed at ₹ 225. Eastern Logica Infoway 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.

Eastern Logica Infoway IPO

About Eastern Logica Infoway

Eastern Logica Infoway 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. The company also provides networking and security solution to the consumers. The company has been steadily increasing the market reach to cover 11 cities across the country by setting up retail stores, distribution centres, venturing into ecommerce and setting virtual offices.

Objects of the Issue

  • Funding working capital requirements; and
  • General corporate purposes.

Eastern Logica Infoway Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Assets 12,663.71 10,324.43 8,490.92
Total income 61,558.01 44,702.90 49,882.84
Total Expenses 61,171.49 44,388.70 49,626.98
Profit After Tax 285.34 233.59 181.62

Eastern Logica IPO Price Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 7,53,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1,694.25 lakhs)
Issue Open  Date05-Jan-23
Issue Close Date09-Jan-23
Issue TypeFixed Price
IPO Price Band₹ 225
Face Value ₹ 10
Market Lot 600 Equity Shares and in multiples thereof
Minimum Order Quantity 600 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolELIL
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Eastern Logica IPO DRHP & RHP

Eastern Logica IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum1600₹ 1,35,000
Maximum1600₹ 1,35,000

Eastern Logica IPO Lead Managers

  • Oneview Corporate Advisors Private Limited

Eastern Logica IPO Registrar

Eastern Logica IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on05-Jan-23
Bid / Offer Closes on09-Jan-23
Finalisation of Basis of Allotment12-Jan-23
Initiation of refunds 13-Jan-23
Credit of the Equity Shares16-Jan-23
Listing Date17-Jan-23

Company Registered Office

2, Saklat Place, 1st Floor,
Kolkata,
West Bengal 700 072
Website: https://www.easternlogica.com/

Company Promoters

  • Gaurav Goel
  • Shweta Goel

Eastern Logica Infoway IPO – FAQS

What is the Eastern Logica Infoway IPO Price?

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The Eastern Logica Infoway IPO price band is 225 per share

When Eastern Logica Infoway IPO will open?

The Eastern Logica IPO opens on Jan 05, 2023 and closes on Jan 09, 2023

What is the lot size of Eastern Logica Infoway IPO?

The Eastern Logica IPO lot size is 600 Equity Shares and the minimum order quantity is 600 Equity Shares

Who is the Registrar for Eastern Logica IPO?

The Registrar for Eastern Logica IPO is KFin Technologies Limited

How to apply in Eastern Logica IPO through UPI?

Check the step by step process here – Click here

How to apply in Eastern Logica IPO through Zerodha?

Check the step by step process here – Click here

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