Eastern Logica IPO description – Incorporated in 1995, Eastern Logica Infoway is engaged in the business of multi-brand retail and retail selling. It also operates as a distributor of branded smartphones, IT hardware, software and allied accessories and services.
Eastern Logica Infoway also provides networking and security solution to its consumers. The company has built a fair market presence with over 25 years of its operations.
As on 31 August 2022, the company has 8 retails stores and 3 distribution centres and virtual offices across 11 cities in India. Eastern Logica Infoway can be located in West Bengal, Delhi, Haryana, Karnataka, Telangana, Maharashtra, Gujarat, and Tamil Nadu. Its business model is based on lease rental model, as it focuses on securing retail spaces, ensuring a high visibility and easy accessibility to customers.
The company’s services are divided into four broad categories:
- Retail
- Services
- E-Commerce
- Distribution
Promoters of Eastern Logica – Gaurav Goel and Shweta Goel
Eastern Logica IPO Details
| Eastern Logica Infoway IPO Dates | 5 – 9 January 2023 |
| Eastern Logica Infoway IPO Price | INR 225 per share |
| Fresh issue | 6,64,200 shares (INR 14.94 crore) |
| Offer For Sale | 88,800 shares (INR 2 crore) |
| Total IPO size | 7,53,000Â shares (INR 16.94 crore) |
| Minimum bid (lot size) | 600 shares (INR 1,35,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME |
Eastern Logica Financial Performance
| Â | FY 2020 | FY 2021 | FY 2022 |
| Revenue | 495.67 | 445.21 | 611.96 |
| Expenses | 496.27 | 443.89 | 611.71 |
| Net income | 1.82 | 2.34 | 2.85 |
Eastern Logica Offer News
Eastern Logica Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 8.95 | 11.06 | 13.24 |
| PE ratio | – | – | 16.99 |
| RONW (%) | 6.41 | 7.47 | 8.22 |
| NAV | 134.90 | 145.64 | 158.72 |
Eastern Logica IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 12 Jan 2023 | (10) | – | – |
| 11 Jan 2023 | (7) | – | – |
| 10 Jan 2023 | (5) | – | – |
Eastern Logica IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 376,500 | 376,500 | 753,000 |
| 9 Jan 2023 | 1.90 | 1.55 | 1.71 |
| 6 Jan 2023 | 0.70 | 0.32 | 0.51 |
| 5 Jan 2023 | 0.14 | 0.12 | 0.13 |
Eastern Logica Offer Lead Manager
ONEVIEW CORPORATE ADVISORS PRIVATE LIMITED
18, Deshapriya Park Road
Kolkata-700026
Phone : +91 33 7960 1228
Email: [email protected]
Website: www.oneviewadvisors.com
Eastern Logica Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Email: [email protected]
Website:Â www.kfintech.com
Eastern Logica Contact Details
EASTERN LOGICA INFOWAY LIMITED
2 Saklat Place 1st Floor, Kolkata,
WestBengal – 700 072, India
Phone: +033 4058 0000
E-mail: [email protected]
Website: www.easternlogica.com
Eastern Logica IPO Allotment Status
Eastern Logica Infoway IPO allotment status is now available on KFin Tech website. Click on this link to get allotment status.
Eastern Logica IPO Dates & Listing Performance
| Eastern Logica Infoway Offer Opening Date | 5 January 2023 |
| Eastern Logica Infoway IPO Closing Date | 9 January 2023 |
| Finalisation of Basis of Allotment | 12 January 2023 |
| Initiation of refunds | 13 January 2023 |
| Transfer of shares to demat accounts | 16 January 2023 |
| Eastern Logica Infoway IPO Listing Date | 17 January 2023 |
| Opening Price on BSE SME | INR 270 per share (up 20%) |
| Closing Price on BSE SME | INR 283.50 per share (up 26%) |
Eastern Logica IPO FAQs
What is Eastern Logica offer size?
Eastern Logica Infoway offer size is INR 16.94 crore.
What is Eastern Logica IPO Price Band?
Eastern Logica Infoway public offer price is INR 225 per share.
What is the lot size of Eastern Logica IPO?
Eastern Logica Infoway offer lot size is 600 shares.
What is Eastern Logica IPO GMP today?
Eastern Logica Infoway IPO GMP today is a discount of INR 10 per share.
What is Eastern Logica kostak rate today?
Eastern Logica Infoway kostak rate today is NA per application.
What is Eastern Logica Subject to Sauda rate today?
Eastern Logica Infoway Subject to Sauda rate today is INR NA per application.
