Eastern Logica Infoway Limited
ListedSMEInformation Technology & Retail · BSE
Incorporated in 1995, Eastern Logica Infoway Limited is engaged in multi-brand retail and distribution of branded smartphones, IT hardware, software, and allied accessories, along with offering networking and security solutions. With over 25 years of experience, the company has established a strong market presence through 4 offices, 11 retail stores, 2 distribution centres, and virtual offices across 11 cities in India, including West Bengal, Delhi, Haryana, Karnataka, Telangana, Maharashtra, Gujarat, and Tamil Nadu. Operating on a lease rental model, Eastern Logica ensures prime retail visibility and customer accessibility. Its major clients include Eshaa Communication Pvt. Ltd., Checkers India Technology Pvt. Ltd., Balaji Solutions Ltd., Aakanksha Distributors Pvt. Ltd., and Fareast Exim Venture Pvt. Ltd. The company’s operations span four segments — Retail, Services, E-Commerce, and Distribution.
Price Band
₹225
Issue Size
₹16.94 Cr
Lot Size
600 shares
GMP
₹3
+1.3%
Est. Listing
₹228
at current GMP
Subscribed
1.74x
overall
Open
5 Jan 2023
Close
9 Jan 2023
Allotment
13 Jan 2023
Refund
14 Jan 2023
Demat Credit
15 Jan 2023
Listing
17 Jan 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Information Technology & Retail segment
- •Price band established at ₹225 - ₹225 per equity share
- •Minimum bid lot is 600 shares
- •Estimated listing target of ₹228 based on current grey market activity