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%.
Table of Contents
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.
| Date | GMP | Subject 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)
| Year | Assets | PAT | Revenue |
|---|---|---|---|
| Mar 20 | 8490.9 | 181.6 | 49882.8 |
| Mar 21 | 10324.4 | 233.6 | 44702.9 |
| Mar 22 | 12663.7 | 285.3 | 61558 |
| Sep 22 | 12561.8 | 133.1 | 30502.1 |
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 Date | 05 Jan 2023 |
| IPO Close Date | 09 Jan 2023 |
| Lot Size | 600 Shares |
| Issue Size | ₹ 16.94cr (753,000 Shares) |
| Issue Type | Fixed 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 On | BSE & SME |
| DRHP | Click Here |
| GMP | Click Here |
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 Size | 1 Lot, 600Shares |
| Minimum Amount | ₹135,000 |
| Maximum Lot Size | 1 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 Date | 05 Jan 2023 |
| Eastern Logica Infoway IPO Close Date | 09 Jan 2023 |
| Allotment Date | 12 Jan 2023 |
| Refund Date | 13 Jan 2023 |
| Credit To Demat Account | 16 Jan 2023 |
| Eastern Logica Infoway IPO Listing Date | 17 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.