There is good news for those investing through IPO in the stock market. The IPO (IPO) of Eastern Logica Infoway Limited is opening today, i.e., from January 5.
The company’s IPO can be subscribed till January 9, 2023. Let me tell you the price band of Eastern Logica Infoway Limited IPO is Rs.225. Let’s know about this company in detail –
Details about the company’s IPO (Eastern Logica Infoway Limited IPO Details)
1- Eastern Logica Infoway Limited IPO Price Band – Rs 225
2- Eastern Logica Infoway Limited Face Value – Rs 10
3- Eastern Logica Infoway Limited IPO Size – Rs 16.94 Crore
4- Eastern Logica Infoway Limited IPO Opening Date – January 5, 2023
5- Eastern Logica Infoway Limited IPO closing date – January 9, 2023
6- Eastern Logica Infoway Limited IPO Share Allotment Date – January 12, 2023
7- Eastern Logica Infoway Limited IPO Listing Date – January 17, 2023
8- Eastern Logica Infoway Limited IPO Lot Size – 600 Shares
9-Eastern Logica Infoway Limited IPO Retail Maximum and Minimum Amount – 1,35,000
10 – Promoter’s shareholding after the issue – 73.59 percent
11- Listing of the company – BSE SME
What is the condition of the company in the gray market (Eastern Logica Infoway Limited IPO GMP)
The company’s position in the gray market could be better. The company’s IPO was available at a discount of Re 1 on Wednesday evening,
according to a report by a top stockbroker, which cannot be considered a good sign.
What does the company do?
Eastern Logica Infoway Limited was established in the year 1995. This Small and Medium Enterprises company distributes branded smartphones, hardware, etc.
The company has a presence in West Bengal, Delhi, Haryana, Karnataka, Telangana, Maharashtra, Gujarat, and Tamil Nadu.