Comparison between Earthstahl IPO and Eastern Logica Infoway IPO.
IPO Details
Earthstahl IPO is a SME Fixed Price IPO proposed to list at BSE SME while Eastern Logica Infoway IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Earthstahl IPO is up to ₹12.29 Cr whereas the issue size of the Eastern Logica Infoway IPO is up to ₹16.07 Cr. The final issue price of Earthstahl IPO is ₹40.00 per share and of Eastern Logica Infoway IPO is ₹225.00 per share.
IPO Timetable
Earthstahl IPO opens on Jan 27, 2023, while Eastern Logica Infoway IPO opens on Jan 05, 2023. The closing date of Earthstahl IPO and Eastern Logica Infoway IPO is Jan 31, 2023, and Jan 09, 2023, respectively.
| | Earthstahl IPO | Eastern Logica Infoway IPO |
|---|
| Anchor Bid Date | | |
| Issue Open | Jan 27, 2023 | Jan 05, 2023 |
| Issue Close | Jan 31, 2023 | Jan 09, 2023 |
| Basis Of Allotment (Tentative) | Feb 03, 2023 | Jan 12, 2023 |
| Initiation of Refunds (Tentative) | Feb 06, 2023 | Jan 13, 2023 |
| Credit of Share (Tentative) | Feb 07, 2023 | Jan 16, 2023 |
| Listing date (Tentative) | Feb 08, 2023 | Jan 17, 2023 |
| Anchor Lockin End date 1 | | |
| Anchor Lockin End date 2 | | |
Financials & KPIs
Earthstahl IPO P/E ratio is 4.22, as compared to Eastern Logica Infoway IPO P/E ratio of 24.09.
Shares Offered
In the Earthstahl IPO Retail Individual Investors (RII) are offered 10,77,000 shares while in Eastern Logica Infoway IPO retail investors are offered 10,77,000 shares. Qualified Institutional Buyers (QIB) are offered 9,18,000 shares in Earthstahl IPO and in Eastern Logica Infoway IPO.
| | Earthstahl IPO | Eastern Logica Infoway IPO |
|---|
| Anchor Investor Reservation | | |
| Market Maker Reservation | 1,68,000 shares | 39,000 shares |
| QIB | 9,18,000 shares | |
| NII | 10,77,000 shares | 3,57,000 shares |
| RII | 10,77,000 shares | 3,57,000 shares |
| Employee | | |
| Others | | |
| Total | 30,72,000 shares | 7,14,000 shares |
Bids Received (Subscription)
Earthstahl IPO subscribed 235.18x in total, whereas Eastern Logica Infoway IPO subscribed 1.74x.
