Eastern Logica IPO GMP, Review, Price, Allotment

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Last updated on January 17, 2023

Eastern Logica IPO GMP

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:

  1. Retail
  2. Services
  3. E-Commerce
  4. Distribution
Eastern Logica Infoway 2023

Promoters of Eastern Logica – Gaurav Goel and Shweta Goel


Eastern Logica IPO Details

Eastern Logica Infoway IPO Dates5 – 9 January 2023
Eastern Logica Infoway IPO PriceINR 225 per share
Fresh issue6,64,200 shares (INR 14.94 crore)
Offer For Sale88,800 shares (INR 2 crore)
Total IPO size7,53,000 shares (INR 16.94 crore)
Minimum bid (lot size)600 shares (INR 1,35,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

Eastern Logica Financial Performance

 FY 2020FY 2021FY 2022
Revenue495.67445.21611.96
Expenses496.27443.89611.71
Net income1.822.342.85
Figures in INR Crore unless specified otherwise

Eastern Logica Offer News


Eastern Logica Valuations & Margins

FY 2020FY 2021FY 2022
EPS8.9511.0613.24
PE ratio16.99
RONW (%)6.417.478.22
NAV134.90145.64158.72
*Compiled by IPO Central from Draft Prospectus

Eastern Logica IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
12 Jan 2023(10)
11 Jan 2023(7)
10 Jan 2023(5)

Eastern Logica IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered376,500376,500753,000
9 Jan 20231.901.551.71
6 Jan 20230.700.320.51
5 Jan 20230.140.120.13

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: 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 Date5 January 2023
Eastern Logica Infoway IPO Closing Date9 January 2023
Finalisation of Basis of Allotment12 January 2023
Initiation of refunds13 January 2023
Transfer of shares to demat accounts16 January 2023
Eastern Logica Infoway IPO Listing Date17 January 2023
Opening Price on BSE SMEINR 270 per share (up 20%)
Closing Price on BSE SMEINR 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.

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