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Open
5 Jan 2023
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Close
9 Jan 2023
3
Allotment
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Listing
Tue, Jan 17, 2023
Price Band
₹225 per share
Issue Size
7,53,000 shares (agg. up to ₹17 Cr)
Lot Size
600 Shares
Listing Date
Tue, Jan 17, 2023
Latest GMP
₹2
Est. Gain
0.89%
✦ AI Insight
GMP Trend
17-01-2023₹2Est. ₹227+0.89%
16-01-2023₹4Est. ₹229+1.78%
15-01-2023₹-10Est. ₹215-4.44%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.67x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 125.62 | 126.64 | 103.24 | 84.91 |
| Total Income | 305.04 | 615.58 | 447.03 | 498.83 |
| Profit After Tax | 1.33 | 2.85 | 2.34 | 1.82 |
| NET Worth | 36.03 | 34.70 | 31.26 | 28.33 |
| Reserves and Surplus | 33.85 | 32.52 | 29.11 | 26.23 |
| Total Borrowing | 56.95 | 59.68 | 44.14 | 29.32 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Mafia Trends Ltd. | SME | ₹3.60 Cr | ₹28 | 15.21 | ₹31.10 | +11.07% | ₹5.29 (-0.19%) |
| Vedant Fashions Ltd. | Mainboard | ₹3,149.19 Cr | ₹866 | 106.78 | ₹933.55 | +7.80% | ₹399.00 (+0.43%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the Working Capital requirements of the Company | 13.47 |
| 2 | General corporate purposes | 1.00 |
About Eastern Logica Infoway IPO
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 compa
Contact Details
Eastern Logica Infoway Ltd. Address2 Saklat Place1st FloorKolkata, West Bengal, 700072033 4058 0000cs@easternlogica.comVisit Website