What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Eastern Logica Infoway Limited IPO?

Based on the upper price band of ₹225 and current GMP of ₹3, the estimated listing price is ₹228 (approx. 1.3% gain).

What is the expected profit per lot for Eastern Logica Infoway Limited IPO?

With a lot size of 600 shares and current GMP of ₹3, expected profit per retail application lot is approximately ₹1,800.

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Grey Market Intelligence

Eastern Logica Infoway Limited

ListedSME

Information 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

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

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Eastern Logica Infoway Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹3+1.3%

Issue Price (Upper)

₹225

Band: ₹225

Estimated Listing Price

₹228

Upper price + GMP

Lot Size

600 shares

Min investment ₹1,35,000

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹3	1.3%	₹228
30 Oct 2026	+₹3	1.3%	₹228
29 Oct 2026	+₹3	1.2%	₹228

About Eastern Logica Infoway Limited Public Issue & Market Profile

Eastern Logica Infoway Limited is bringing an initial public offering (IPO) in the Information Technology & Retail sector with an aggregate issue size of ₹16.94 Crores. The shares are offered at a price band of ₹225 to ₹225 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Pricing Context:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,35,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Basis of Allotment & Listing Timeline:

Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-01-15, while un-allotted funds or UPI block mandates will be released on 2023-01-14.

Frequently Asked Questions

What is Eastern Logica Infoway Limited IPO GMP today?

The latest grey market premium for Eastern Logica Infoway Limited IPO is ₹3, which indicates an expected listing price of ₹228.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.