Eastern Logica Infoway Limited IPO, GMP, Price, Date and Detials

Eastern Logica Infoway Limited IPO Details – Eastern Logica Infoway Limited IPO price and dates are fixed. The opening date of Eastern Logica Infoway Limited is 05 Jan 2023 and the closing date is 09 Jan 2023. The company is going to raise ₹16.94 Cr through IPO and the issue type is fixed price Issue type. The Face Value of Eastern Logica Infoway IPO is Rs 10/share. The reservation sequence is QIB= %, NII= 50%, and RII= 50%.

About Eastern Logica Infoway Limited

  • Established in 1995.
  • Business Model: Distributor of branded smartphones, Software, and allied accessories.
  • The company is located in major states like Delhi, Haryana, West Bengal, Karnataka, Telangana, Maharashtra, Gujarat, and Tamil Nadu.
  • Retail, services, E-commerce, and Distribution are the major categories into which the company services are divided.

Eastern Logica Infoway Limited IPO Review

For Long Term:- Financials are good, you can think about this.

For Listing Gain:- Check GMP before applying

Eastern Logica Infoway Limited IPO GMP Today

Eastern Logica Infoway IPO GMP is Rs.

DateGMPSubject Rate
02 Jan 2023₹-₹-
01 Jan 2023₹-₹-
31 Dec 2022₹-₹-

Also Read: Income Tax in Stock Market 2022

Eastern Logica Infoway Limited Financial Report ₹(in Lakh)

YearAssetsPATRevenue
Mar 208490.9181.649882.8
Mar 2110324.4233.644702.9
Mar 2212663.7285.361558
Sep 2212561.8133.130502.1

Eastern Logica Infoway Limited IPO Date & Details

It is a Book Built issue type IPO with an IPO Size of ₹16.94 cr and it will list on BSE as well as on SME.

IPO Open Date05 Jan 2023
IPO Close Date09 Jan 2023
Lot Size 600 Shares
Issue Size₹ 16.94cr (753,000 Shares)
Issue TypeFixed Price
Fresh Issue₹ 14.94cr (664,200 Shares)
Offer For sale₹2.00 (88,800 Shares)
Face Value₹10/Equity Share
Price Band₹ 225/Share
List OnBSE & SME
DRHPClick Here
GMPClick Here
Eastern Logica Infoway IPO Details

Objective

The main objective of Eastern Logica Infoway Limited is to raise funds are:

  • General Corporate Purpose
  • Working capital requirements

Eastern Logica Infoway Limited IPO Market Lot Size

Eastern Logica Infoway issuing 753,000 shares of 16.94Cr out of which a Retail Individual investor can apply for a maximum of 1 lot in which they get 600 shares and the payable amount is Rs 135,000.

Minimum Lot Size1 Lot,  600Shares
Minimum Amount₹135,000
Maximum Lot Size1 Lot,  600Shares
Maximum Amount₹135,000

Click Here to Check the Upcoming IPO of 2022

IPO Time Table

Eastern Logica Infoway IPO Open date is  05 Jan 2023 and the closing date is  09 Jan 2023. The Allotment date is  12 Jan 2023 and the Listing Date is  17 Jan 2023.

Eastern Logica Infoway IPO Open Date05 Jan 2023
Eastern Logica Infoway IPO Close Date09 Jan 2023
Allotment Date12 Jan 2023
Refund Date13 Jan 2023
Credit To Demat Account16 Jan 2023
Eastern Logica Infoway IPO Listing Date17 Jan 2023

Eastern Logica Infoway Limited Company Promoters

  • Gaurav Goel
  • Shweta Goel

Eastern Logica Infoway Limited Peer’s

No listed companies (Company Believes)

Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: easternlogica.ipo@kfintech.com
Website: https://karisma.kfintech.com/

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/

Eastern Logica Infoway Limited FAQ

What is Eastern Logica Infoway IPO Price?

The Price of Eastern Logica Infoway IPO cutoff price is ₹225 per share.

What is Eastern Logica Infoway IPO Date?

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

What is Eastern Logica Infoway IPO issue size?

The IPO Size of Eastern Logica Infoway IPO is ₹ 16.94cr and issuing 753,000 Eq Shares.

What is Eastern Logica Infoway IPO allotment Date?

The Allotment date of Eastern Logica Infoway IPO is  12 Jan 2023.

What is Eastern Logica Infoway Limited’s Listing Date?

The listing date of Eastern Logica Infoway IPO is  17 Jan 2023 and the IPO will list on SME and BSE.

How to Apply for Eastern Logica Infoway IPO through Zerodha?

1. Log in to the Zerodha Kite application on your mobile.

2. Go to Portfolio and Click on IPO.

3. You will see the IPO Name “Eastern Logica Infoway ”. Click on Bid Button.

4. Enter your UPI ID, Quantity, and Price.

5. Submit IPO Application Form.

6. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.

How to Apply for Eastern Logica Infoway IPO through Upstox App?

1. Log in to the Upstox application on your mobile.

2. Go to Portfolio and Click on IPO.

3. You will see the IPO Name “Eastern Logica Infoway”. Click on Bid Button.

5. Enter your UPI ID, Quantity, and Price.

6. Submit IPO Application Form.

7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.

How to Apply for Eastern Logica Infoway IPO through Groww App?

1. Log in to the Groww application on your mobile.

2. Now you can see IPOs and Click on IPO.

3. You will see the IPO Name “Eastern Logica Infoway”.

4. Click on Bid Button.

5. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form.

6. Now go to your UPI App on Net Banking or BHIM App to approve the payment process.

How to Apply for Eastern Logica Infoway IPO through Paytm Money App?

1. Log in to the Paytm Money application on your mobile.

2. Now you can see Invest in IPOs Section and Click on IPO.

3. You will see the IPO Name “Eastern Logica Infoway”.

4. Click on Bid Button.

5. Enter your UPI ID, Quantity, and Price.

6. Submit IPO Application Form.

7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.

Conclusion:- I hope this article is helpful for you if you have any queries regarding IPO and upcoming IPO you can comment down below.

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