Company Profile
Open Date 05-01-2023
Close Date 09-01-2023
Exchange BSE SME
Lot Size 600 Shares
Issue Price ₹ 225 per share
Issue Size 7,53,000 Equity Shares
Application Amount ₹ 1,35,000
Recommendation Avoid
Incorporated in the year 1995, the company is engaged in multi-brand retail and retail selling as well as distribution of branded smart phones, IT hardware, software and allied accessories and services. The Company also provides networking and security solution to their consumers. As on December 15, 2022 the company has 4 offices, 11 retail stores, 2 distribution centres and virtual offices across 11 cities in the Country.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Sep-22
Total Assets 10,324.43 12,663.71 12,561.79
Net Assets 3,126.02 3,470.30 3,603.44
Total Borrowings 4,413.71 5,967.53 5,694.82
Total Revenue 44,690.17 61,558.01 30,516.89
Profit After Tax 233.59 285.34 133.14

Tentative Timeline

Opening Date 05-01-2023
Closing Date 09-01-2023
Basis of Allotment 12-01-2023
Initiation of Refunds 13-01-2023
Credit of Shares to Demat 16-01-2023
Listing Date 17-01-2023

Objects of the Issue

Funding working capital requirements
General corporate purposes

Contact Information

Registered Office Eastern Logica Infoway Limited 2 Saklat Place 1st Floor, Kolkata, West Bengal 700072
Phone 033 4058 0000
Email cs@easternlogica.com
Website http://www.easternlogica.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email easternlogica.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Market Maker Shares Offered 39,000 (5.18%)
Other Shares Offered 3,57,000 (47.41%)
Retail Shares Offered 3,57,000 (47.41%)
Total Shares Offered 7,53,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 73.59%

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