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Eastern Logica Infoway Limited

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.

₹225 - ₹2251.74x sub
Listed Price270.00
Listing Gain+20.00%
TimelineFixed Price IPO
Open05 Jan 2023
Close09 Jan 2023
Allotment13 Jan 2023
Listing17 Jan 2023

Quota Reservation Portions

Market MakerPortion: 39,000 shares
5.18%
Nii (hni)Portion: 3,57,000 shares
47.41%
RetailPortion: 3,57,000 shares
47.41%

Minimum Application Bracket Matrix

Retail1 lots / 600 shares
₹1,35,000
HNI2 lots / 1,200 shares
₹2,70,000

About the Company

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.

Company Promoters

Gaurav GoelShweta Goel

Lead Managers

No Lead Managers information available.