Eastern Logica Infoway Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 357,000 (47%) | — | ₹803 Cr |
| Retail | — | 357,000 (47%) | — | ₹803 Cr |
| Market Maker | — | 39,000 (5%) | — | ₹9 Cr |
| Σ Total | — | 753,000 (100%) | — | ₹16,943 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹135,000 |
| Retail (Max) | 13 | 7,800 | ₹1,755,000 |
| S-HNI (Min) | 14 | 8,400 | ₹1,890,000 |
| B-HNI (Min) | 67 | 40,200 | ₹9,045,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Sep-22 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 30,504 | 61,558 | 44,703 |
| Profit After Tax | 133 | 285 | 234 |
| Net Worth | 3,603 | 3,470 | 3,126 |
| Total Assets | 12,562 | 12,664 | 10,324 |
| Reserves & Surplus | 3,385 | 3,252 | 2,911 |
| Total Borrowing | 5,695 | 5,968 | 4,414 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet the Working Capital requirements of the Company – 13.47
- General corporate purposes – 1.00
Company Overview
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:
- Retail
- Services
- E-Commerce
- Distribution