IPO IPO-Synopsis
Logica Infoway Ltd

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Registered Office: 2 Saklat Place,1st Floor , Kolkata - 700072 , West Bengal , India.
Phone : 91-33-4058 0000   Fax:
Email :  cs@easternlogica.com  
Website :  www.easternlogica.com
Public offer of 7,53,000 equity shares of face value of Rs10 each ("Equity Shares") of Eastern Logica Infoway Limited (the "Company" or the "Issuer") for cash at a price of Rs225 per equity (the "Offer Price") aggregating to Rs16.94 crores ("The Offer") comprising of a fresh offer of 6,64,200 equity shares aggregating to Rs14.94 crores (the "Fresh Offer") and an offer for sale of 88,800 equity shares by the selling shareholders ("Offer for Sale") aggregating to Rs1.99 crores of which 39,000 equity shares aggregating to Rs0.88 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 Rs16.07 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 Rs10.00 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 Rs225.00-0.00 Rs0.00-0.00
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 Rs225.00  
Projects
To meet the working capital requirements of the companyGeneral corporate purposes
Promoted By
Gaurav Goel
Shweta Goel
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd