Eastern Logica Infoway’s IPO opens today. GMP, Price, Other Details in 10 Points

Meanwhile, shares of Eastern Logica InfoWay made their gray market debut today at a discounted price, ahead of the opening for subscription. According to primary market observers, Eastern Logica Infoway shares are available at a discount of Re 1 in the gray market today.

Here we list down the important Eastern Logica Infoway IPO details in 10 points:

1]Eastern Logica Infoway IPO GMP: Market watchers say that Eastern Logica Infoway shares are available at a Re 1 discount in the gray market today.

2]Eastern Logica Infoway IPO Price: Public issue is offered at a fixed price 225 per equity share.

3]Eastern Logica Infoway IPO Size: Multi-brand company aims to raise 16.94 crore from its public offer of which Rs. 2 crore is reserved for OFS (Offer for Sale).

4]Eastern Logica Infoway IPO Lot Size: , Bidders will be able to apply in lots and one lot of the IPO consists of 600 shares.

5]Eastern Logica Infoway IPO Subscription Date: The Public Issue has opened and will remain open today Opening To bid till 9th ​​January 2023.

6]Eastern Logica Infoway IPO Allotment Date: The share allotment is expected to be announced on January 12, 2023.

7]Eastern Logica InfoWay IPO Official Registrar: KFinTechnologies Private Limited has been appointed as the official registrar to the IPO.

8]Eastern Logica Infoway IPO Listing: Public issue proposed for listing on BSE SME Exchange.

9]Eastern Logica Infoway IPO listing Date: The public issue is expected to hit the secondary market on January 17, 2023.

10]Promoter’s shareholding: After the listing of the public issue, the promoters’ stake in the company will come down to 73.59 per cent from 100 per cent.