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Eastern Logica Infoway IPO vs Rex Sealing IPO

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.

 Eastern Logica Infoway IPORex Sealing IPO
LogoEastern Logica Infoway IPO LogoRex Sealing IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersOneview Corporate Advisors Pvt.Ltd.Aryaman Financial Services Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerNikunj Stock Brokers Ltd.Aryaman Capital Markets Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

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 IPORex Sealing IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹225.00 per share₹135.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size600 shares1000 shares
Fresh Issue Size6,25,200 shares2,67,000 shares
Fresh Issue Size (Amount)up to ₹14.07 Crup to ₹3.60 Cr
OFS Issue Size88,800 shares2,99,000 shares
OFS Issue Size (Amount)up to ₹2.00 Crup to ₹4.04 Cr
Issue Size Total7,14,000 shares5,66,000 shares
Issue Size Total (Amount)up to ₹16.07 Crup 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 IPORex Sealing IPO
Anchor Bid Date
Issue OpenJan 05, 2023Dec 30, 2022
Issue CloseJan 09, 2023Jan 04, 2023
Basis Of Allotment (Tentative)Jan 12, 2023Jan 09, 2023
Initiation of Refunds (Tentative)Jan 13, 2023Jan 10, 2023
Credit of Share (Tentative)Jan 16, 2023Jan 11, 2023
Listing date (Tentative)Jan 17, 2023Jan 12, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Eastern Logica Infoway IPO P/E ratio is 24.09, as compared to Rex Sealing IPO P/E ratio of 19.62.

 Eastern Logica Infoway IPORex Sealing IPO
Financials
Eastern Logica Infoway Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-208490.9249882.84181.622832.662622.682931.84
31-Mar-2110324.4344702.9233.593126.022911.374413.71
31-Mar-2212663.7161558.01285.343470.33251.655967.53
30-Sep-2212561.7930504.16133.143603.443384.795694.82
Amount in ₹ Lakhs
Rex Sealing and Packing Industries Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-201357.012017.7113.32732.87437.35
31-Mar-211317.081726.336.81769.67338.95
31-Mar-221443.752115.6854.62824.3377.71
30-Jun-221508.67571.6237.6861.9328.22
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)100.0099.99
Promoter Shareholding (Post-Issue)73.5973.02
P/E Ratio24.0919.62
Market Cap₹64.14 Cr.₹29.97 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

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 in Eastern Logica Infoway IPO and in Rex Sealing IPO.

 Eastern Logica Infoway IPORex Sealing IPO
Anchor Investor Reserveration
Market Maker Reserveration39,000 shares33,000 shares
QIB
NII3,57,000 shares2,83,000 shares
RII3,57,000 shares2,83,000 shares
Employee
Others
Total7,14,000 shares5,66,000 shares

Bids Received (Subscription)

Eastern Logica Infoway IPO subscribed 1.74x in total, whereas Rex Sealing IPO subscribed 2.65x.

 Eastern Logica Infoway IPORex Sealing IPO
QIB (times)
NII (times)1.92x2.00x
Big NII (times)
Small NII (times)
RII (times)1.56x3.30x
Employee (times)
Other (times)
Total (times)1.74x2.65x