Comparison between Eastern Logica Infoway IPO and Rex Sealing IPO.
IPO Details
Eastern Logica Infoway IPO is a SME Fixed Price IPO proposed to list at BSE SME while Rex Sealing IPO is a SME Fixed Price proposed to list at BSE SME.
Issue Size and Price
The total issue size of Eastern Logica Infoway IPO is up to ₹16.07 Cr whereas the issue size of the Rex Sealing IPO is up to ₹7.64 Cr. The final issue price of Eastern Logica Infoway IPO is ₹225.00 per share and of Rex Sealing IPO is ₹135.00 per share.
| | Eastern Logica Infoway IPO | Rex Sealing IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹225.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 600 shares | 1000 shares |
| Fresh Issue Size | 6,25,200 shares | 2,67,000 shares |
| Fresh Issue Size (Amount) | up to ₹14.07 Cr | up to ₹3.60 Cr |
| OFS Issue Size | 88,800 shares | 2,99,000 shares |
| OFS Issue Size (Amount) | up to ₹2.00 Cr | up to ₹4.04 Cr |
| Issue Size Total | 7,14,000 shares | 5,66,000 shares |
| Issue Size Total (Amount) | up to ₹16.07 Cr | up to ₹7.64 Cr |
IPO Timetable
Eastern Logica Infoway IPO opens on Jan 05, 2023, while Rex Sealing IPO opens on Dec 30, 2022. The closing date of Eastern Logica Infoway IPO and Rex Sealing IPO is Jan 09, 2023, and Jan 04, 2023, respectively.
| | Eastern Logica Infoway IPO | Rex Sealing IPO |
|---|
| Issue Open | Jan 05, 2023 | Dec 30, 2022 |
| Issue Close | Jan 09, 2023 | Jan 04, 2023 |
| Basis Of Allotment (Tentative) | Jan 12, 2023 | Jan 09, 2023 |
| Initiation of Refunds (Tentative) | Jan 13, 2023 | Jan 10, 2023 |
| Credit of Share (Tentative) | Jan 16, 2023 | Jan 11, 2023 |
| Listing date (Tentative) | Jan 17, 2023 | Jan 12, 2023 |
Financials & KPIs
Eastern Logica Infoway IPO P/E ratio is 24.09, as compared to Rex Sealing IPO P/E ratio of 19.62.
Shares Offered
In the Eastern Logica Infoway IPO Retail Individual Investors (RII) are offered 3,57,000 shares while in Rex Sealing IPO retail investors are offered 3,57,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Eastern Logica Infoway IPO and 0 shares in Rex Sealing IPO.
| | Eastern Logica Infoway IPO | Rex Sealing IPO |
|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 39,000 shares | 33,000 shares |
| QIB | 0 shares | 0 shares |
| NII | 3,57,000 shares | 2,83,000 shares |
| RII | 3,57,000 shares | 2,83,000 shares |
| Employee | 0 shares | 0 shares |
| Total | 7,14,000 shares | 5,66,000 shares |
Bids Received (Subscription)
Eastern Logica Infoway IPO subscribed 1.74x in total, whereas Rex Sealing IPO subscribed 2.65x.
