Eastern Logica Infoway Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

05 Jan 2023

Close Date

09 Jan 2023

Allotment

12 Jan 2023

Listing Date

17 Jan 2023

Exchange

BSE SME

Price Band

₹225

Listing Price

See chart

Allotment Status

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Price Band

₹225

Per share

Face Value

₹10 per share

Lot Size

600 Shares

per lot

Issue Size

7,53,000 shares (aggregating up to ₹16.94 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹135,000

1 lot

Pre-IPO Holding

21,86,469 shares

Promoters

Post-IPO Holding

28,50,669 shares

Promoters

P/E (Pre)

24.09x

UPI Deadline

2023-01-09

Mandate

Anchor AllotmentWed, 04 Jan 2023

Basis of AllotmentThu, 12 Jan 2023

Refund InitiationFri, 13 Jan 2023

Demat CreditMon, 16 Jan 2023

Listing DayTue, 17 Jan 2023

UPI Mandate Deadline2023-01-09

Sale TypeFresh Capital-cum-Offer for Sale

Net Offer to Public7,14,000 shares (aggregating up to ₹16.07 Cr)

Market Maker Quota39,000 shares (aggregating up to ₹0.8775 Cr)

Fresh Issue Shares6,25,200 shares (aggregating up to ₹14.07 Cr)

Offer for Sale88,800 shares of ₹10 (aggregating up to ₹2.00 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Eastern Logica Infoway Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 09 Jan 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	39,000	—	₹0.88
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	753,000	100%	₹16.94

IPO Shares Offered

Eastern Logica Infoway Ltd IPO total issue size: ₹16.94 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	39,000	₹0.88	5.18%
Total	753,000	₹16.94	100.00%

* Based on upper price band ₹225 per share

Lot Size & Investment

Lot Size

600

Shares per Lot

Issue Price

₹225.00

Upper Band

Min Investment

₹135,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	1,200	₹270,000
Retail (Max — 13 Lots)	13	7,800	₹1,755,000
S-HNI (Min — 14 Lots)	14	8,400	₹1,890,000
B-HNI (Min — 68 Lots)	68	40,800	₹9,180,000

* Issue Price ₹225 × Lot Size 600 shares

IPO Schedule

Anchor

04 Jan 2023

✓ Done

IPO Open

05 Jan 2023

✓ Done

IPO Close

09 Jan 2023

✓ Done

Allotment

12 Jan 2023

✓ Done

Refunds

13 Jan 2023

✓ Done

Demat Credit

16 Jan 2023

✓ Done

Listing Day

17 Jan 2023

✓ Done

₹225.00

INR · BSE

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Issue ₹225.00 Live Price

About Eastern Logica Infoway Ltd

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.The company's services are divided into four broad categories:RetailServicesE-CommerceDistribution

Objects of the Issue

To meet the Working Capital requirements of the Company

General corporate purposes

Eastern Logica Infoway Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹44,702.9

31-Mar-21

₹61,558.0

31-Mar-22

₹30,504.2

30-Sep-22

Profit After Tax (PAT)

₹233.6

31-Mar-21

₹285.3

31-Mar-22

₹133.1

30-Sep-22

Particulars	30-Sep-22	31-Mar-22	31-Mar-21
Revenue from Operations	30504.16	61558.01	44702.90
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	133.14	285.34	233.59
Net Worth	3603.44	3470.30	3126.02
Total Assets	12561.79	12663.71	10324.43
Reserves & Surplus	3384.79	3251.65	2911.37
Borrowings	5694.82	5967.53	4413.71
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered7,53,000 (100.00%)

Net Offer to Public7,14,000 shares (aggregating up to ₹16.07 Cr)

Reserved for Market Maker39,000 shares (aggregating up to ₹0.8775 Cr)

Pre-Issue Promoter Holding21,86,469 shares

Post-Issue Promoter Holding28,50,669 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

easternlogica.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Oneview Corporate Advisors Pvt.Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Eastern Logica Infoway Ltd IPO subscribed? ▲

Eastern Logica Infoway Ltd IPO is subscribed 1.00 times by Jan 09, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Eastern Logica Infoway Ltd IPO retail subscription status? ▼

The Eastern Logica Infoway Ltd IPO retail category is subscribed 1.00 times as of 09 Jan 2023. The retail portion is oversubscribed.

How to subscribe Eastern Logica Infoway Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 05 Jan 2023 and closes 09 Jan 2023. Min investment: ₹135,000 (1 lot = 600 shares). UPI mandate: 2023-01-09.

How many times Eastern Logica Infoway Ltd IPO subscribed? ▼

The Eastern Logica Infoway Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Eastern Logica Infoway Ltd IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Jan 2023. Refunds: on 13 Jan 2023.

When Eastern Logica Infoway Ltd IPO will be listed? ▼

The Eastern Logica Infoway Ltd IPO listing date is 17 Jan 2023, Tuesday. Listed on: BSE SME. Issue price: ₹225. Estimated listing: ₹225. GMP: NIL.

When Eastern Logica Infoway Ltd IPO close? ▼

The Eastern Logica Infoway Ltd IPO closes on 09 Jan 2023, Monday. UPI mandate: 2023-01-09. Allotment: 12 Jan 2023. Listing: 17 Jan 2023.

Quick Actions

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Live Price LIVE

Last Price₹225.00

Change—

Issue Price₹225.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹225

Face Value₹10

Lot Size600 Sh

Min. Amount₹135,000

GMPNIL

Est. Listing₹225

Subscribed1.00x

Open Date05 Jan 2023

Close Date09 Jan 2023

Allotment12 Jan 2023

Listing Date17 Jan 2023

ExchangeBSE SME

UPI Deadline2023-01-09