Home » The Upcoming Initial Public Offerings(IPOs)

The Upcoming Initial Public Offerings(IPOs)

The Upcoming Initial Public Offerings(IPOs)

The upcoming initial public offerings(IPO) are-

Eastern Logica Infoway Limited-

Eastern Logica Infoway Limited is engaged in multi-brand retail and retail selling as well as the distribution of branded smartphones, IT hardware, software, and allied accessories and services. The Company also provides networking and security solutions to its consumers.

The company commenced its business operations in the year 1995 and has a fair market presence with over 25 years of experience. It has steadily increased its market reach to cover 11 cities across the country by setting up retail stores, and distribution centers, venturing into eCommerce and setting up virtual offices. There has been a continuous rise in the revenue from operations. Eastern Logica Infoway has 4 offices, 11 retail stores, 2 distribution centers, and virtual offices across 11 cities in the Country. The business is based on the lease rental model, as it focuses on securing retail spaces, ensuring high visibility and easy accessibility to customers.

The promoters of the company are Mr. Gaurav Goel and Ms. Shweta Goel. The net proceeds from the issue would be utilized for funding the working capital requirements and general corporate purposes.

The company had revenues of Rs 498.8 crore with a profit of 1.81 crores (Year ended March 31, 2020), revenues of Rs. 447 crores with a profit of Rs. 2.33 crore (Year ended March 31, 2021), and revenue of Rs. 615.58 crores with a net profit of Rs. 2.85 crores (Year ended March 31, 2022).

Ducol Organics and Colours Limited-

Ducol Organics and Colours Limited offers a range of pigment dispersions for various industries like paints, inks, textiles, detergents, paper, rubber, plastics, soaps, detergents, and FMCG. The Company is engaged in the business of manufacturing and selling pigment dispersions, preparations, concentrates, paste colorants, and masterbatches.

The company has a pan-India customer base, with integrated operations which involve the development, manufacturing, marketing, and distribution of a wide range of dispersions. It is operating two units in Taloja and a third one at Mahad is in process of getting established.

Dupont Organics offers the following pigment dispersions and preparations:

· Dutint – Water-based dispersions for decorative paints.

· Duplast – MB for the plastic industry.

· Duprint – Water-based dispersion for printing ink formulations.

· Dutex – Pigment pastes for the textile printing industry.

· Dusperse –  For the soap and detergent industry.

· Dupralin –  For the paper industry.

· Dupren – Used in the rubber industry.

· Ducem – Dry dispersions for various general applications.

The promoters of the company are Mr. Aamer Ahmed Farid and Mr. Hani Ahmed Farid. The objectives of the offer are to fund the working capital requirements and general corporate purposes. Listing would enhance the brand and visibility of the company.

The company had revenues of Rs 73.72 crore with a profit of 7 lakhs (Year ended March 31, 2020), revenues of Rs. 78.55 crore with a profit of Rs. 2.81 crores (Year ended March 31, 2021), and revenue of Rs. 88.93 crores with a net profit of Rs. 4.91 crores (Year ended March 31, 2022).

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