Eastern Logica Infoway IPO subscription status is started on Thursday January 5, 2023 and will close on January 9, 2023. Eastern Logica Infoway IPO to raise around ₹16.94 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹225 per equity share.
The Eastern Logica Infoway IPO minimum market lot is 600 shares with ₹135,000 application amount. The IPO to list on BSE.
Eastern Logica Infoway Limited is doing multi-brand retail and retail selling as well as distribution of branded smartphones, IT hardware, software, and allied accessories and services. They also provide networking and security solutions to their consumers. Their main business categories are retail, services, e-commerce, and distribution.
IPOWatch View
We recommend investors may apply an IPO with Caution (Risky). Investors should also look at the NII, and Retail numbers before investing. You can check the Eastern Logica Infoway IPO allotment status here.
Eastern Logica Infoway IPO Subscription Status – Final Data
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.08 | 0.74 | 1.92 |
| RII | 0.11 | 0.34 | 1.56 |
| Total | 0.09 | 0.54 | 1.74 |
Eastern Logica Infoway IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Eastern Logica Infoway IPO Review
- Avoid (Risky)
Eastern Logica Infoway IPO Date & Price Band
| IPO Open: | January 5, 2023 |
| IPO Close: | January 9, 2023 |
| IPO Size: | Approx ₹16.94 Crores, 753,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹225 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Eastern Logica Infoway IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹135,000 |
| Retail Maximum | 1 | 600 | ₹135,000 |
| S-HNI Minimum | 2 | 1200 | ₹270,000 |
Eastern Logica Infoway IPO Subscription Dates
| IPO Open Date: | January 5, 2023 |
| IPO Close Date: | January 9, 2023 |
| Basis of Allotment: | January 12, 2023 |
| Refunds: | January 13, 2023 |
| Credit to Demat Account: | January 16, 2023 |
| IPO Listing Date: | January 17, 2023 |
Eastern Logica Infoway IPO Form
How to apply for the Eastern Logica Infoway IPO? You can apply for Eastern Logica Infoway IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Eastern Logica Infoway IPO in the Invest section. The other option is you can apply for Eastern Logica Infoway IPO via IPO forms downloaded via BSE. Check out the Eastern Logica Infoway forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
