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IPO Synopsis

Eastern Logica Infoway Ltd
Registered Office: 2 Saklat Place,1st Floor , Kolkata - 700072 , West Bengal , India.
Phone : 91-33-4058 0000   Fax:
Email :  
Website :
Public offer of 7,53,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Eastern Logica Infoway Limited (the "Company" or the "Issuer") for cash at a price of (Rs)225 per equity (the "Offer Price") aggregating to (Rs)16.94 crores ("The Offer") comprising of a fresh offer of 6,64,200 equity shares aggregating to (Rs)14.94 crores (the "Fresh Offer") and an offer for sale of 88,800 equity shares by the selling shareholders ("Offer for Sale") aggregating to (Rs)1.99 crores of which 39,000 equity shares aggregating to (Rs)0.88 crores will be reserved for subscription by market maker to the offer (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 7,14,000 equity shares aggregating to (Rs)16.07 crores (the "Net Offer"). The offer and the net offer will constitute 26.41% and 25.05%, respectively of the post offer paid up equity share capital of the company. The face value of the equity share is (Rs)10.00 and the offer price is 22.5 times of the face value of the equity shares. Minimum application size of 600 equity shares and in multiples of 600 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Jan-23 09-Jan-23 (Rs)225.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :600  Further Multiples of :600

  (Rs Cr) Lead Managers to the Issue
Project Cost 14.47 Oneview Corporate Advisors Pvt Ltd
Project Financed through Current Offer 16.94  
Post Issue Equity Share Capital 2.85  
Issue Price (Rs)225.00  
To meet the working capital requirements of the company General corporate purposes
Promoted By
Gaurav Goel  
Shweta Goel  
Listing At
Registrar to the Issue
No Data Found.

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