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.
| Date | GMP | Kostak | Subject To Sauda |
| 13 January 2023 | ₹- | ₹- | ₹- |
| 12 January 2023 | ₹- | ₹- | ₹- |
| 11 January 2023 | ₹- | ₹- | ₹- |
| 10 January 2023 | ₹- | ₹- | ₹- |
| 09 January 2023 | ₹- | ₹- | ₹- |
| 08 January 2023 | ₹- | ₹- | ₹- |
| 07 January 2023 | ₹- | ₹- | ₹- |
| 06 January 2023 | ₹- | ₹- | ₹- |
| 05 January 2023 | ₹- | ₹- | ₹- |
| 04 January 2023 | ₹- | ₹- | ₹- |
Eastern Logica Infoway SME IPO Date & Price Band.
| IPO Open: | Jan 5, 2023 |
| IPO Close: | Jan 9, 2023 |
| IPO Size: | ₹16.94 Crores |
| Price Band: | ₹225 per share |
| Listing on: | BSE SME |
| Retail Portion: | 50.00% of the net offer |
| Equity: | 753,000 shares |
| Face Value: | ₹10 per share |
Eastern Logica Infoway SME IPO Market Lot
The Eastern Logica Infoway IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹135,000).
Shares: Minimum 600 shares
Minimum Amount: ₹135,000
Maximum Amount: ₹135,000
Eastern Logica Infoway SME IPO Allotment & Listing:
- Basis of Allotment: Jan 12, 2023
- Refunds: Jan 13, 2023
- Credit to Demat accounts: Jan 16, 2023
- Listing: Jan 17, 2023
Eastern Logica Infoway SME 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 SME Company Financial Report
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
| 31-Mar-20 | 8490.92 | 49882.84 | 181.62 |
| 31-Mar-21 | 10324.43 | 44702.9 | 233.59 |
| 31-Mar-22 | 12663.71 | 61558.01 | 285.34 |
Eastern Logica Infoway SME IPO Valuation – FY2022
| 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
- NA
Company Promoters
- Gaurav Goel
- Shweta Goel
Eastern Logica Infoway SME IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: easternlogica.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Company Address
Eastern Logica Infoway Limited
2 Saklat Place
1st Floor,
Kolkata, West Bengal 700072
Phone: 033 4058 0000
Email: cs@easternlogica.com
Website: http://www.easternlogica.com/
Quick Links:
Eastern Logica Infoway IPO DRHP
Eastern Logica Infoway IPO RHP
About Eastern Logica Infoway SME IPO
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.
Read Also
Eastern Logica Infoway SME Allotment Status
Eastern Logica Infoway SME IPO Listing Date Eastern Logica Infoway SME IPO Subscription (Live)
Objects of the Issue:
- Financing the expenditure for opening new stores.
- To repay of short term borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
- To meet issue expenses
Eastern Logica Infoway SME IPO FAQs
What is Eastern Logica Infoway SME IPO Open Date for QIB, NII, and Retail?
Eastern Logica Infoway SME IPO will open on Jan 5, 2023
Eastern Logica Infoway SME IPO Size?
Eastern Logica Infoway IPO size is Approx ₹16.94 Crores
Eastern Logica Infoway SME IPO Price Band?
Eastern Logica Infoway SME IPO Price Band is ₹225 per share
Eastern Logica Infoway SME IPO Minimum Lot Size?
The minimum bid is 600 Shares with a ₹135,000 Minimum Lot Size.
What is Eastern Logica Infoway SME IPO Allotment Date?
Eastern Logica Infoway SME IPO allotment date is Jan 12, 2023
What is Eastern Logica Infoway SME IPO Listing Date?
Eastern Logica Infoway SME IPO listing date is Jan 17, 2023. The IPO is to list on BSE SME.