Eastern Logica Infoway Ltd

Overview

Our Company was incorporated as “Oswal Infotech Private Limited”, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated July 28, 1995, issued by the Registrar of Companies, West Bengal. Subsequently, the name of our Company was changed to ‘Eastern Infoway Private Limited’, pursuant to a fresh certificate of incorporation dated December 5, 2000, issued by the Deputy Registrar of Companies, West Bengal. Further, our Company was converted into a public limited company pursuant to a resolution passed by our Shareholders at an extraordinary general meeting held on December 18, 2000, and a fresh certificate of incorporation dated January 2, 2001, was issued by the Assistant Registrar of Companies, West Bengal recording the change in the name of our Company to ‘Eastern Infoway Limited’. Our Company shifted its registered offices with effect from December 07, 2002, from 4, Ganesh Chandra Avenue, Kolkata 700 013, West Bengal, India to 16, Ganesh Chandra Avenue, P.S. Hare Street, Kolkata 700 013, West Bengal, India.

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The name of our Company was again changed to ‘Eastern Logica Infoway Limited’, pursuant to a fresh certificate of incorporation dated February 3, 2003, issued by the Assistant Registrar of Companies, West Bengal. Thereafter, with effect from November 01, 2012, the registered office of our Company shifted from 16, Ganesh Chandra Avenue, P.S. Hare Street, Kolkata-700013, West Bengal, India to 2, Saklat Place,1st Floor, Kolkata-700072, West Bengal, India.

Our Company is engaged in multi-brand retail and retail selling as well as distribution of branded smart phones, IT hardware, software and allied accessories and services. Our Company also provides networking and security solution to our consumers

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We commenced our business operations in year 1995 and believe that we have built a fair market presence with over 25 years of experience. Since the commencement of our business, we have been steadily increasing our market reach to cover 11 cities across the country by setting up retail stores, distribution centres, venturing into ecommerce and setting virtual offices. There has been a continuous rise in our revenue from operations and moreover we have demonstrated profitability with operating performance.

Even when the nation was grappling with the COVID-19 pandemic and a nationwide lockdown, our Company was able to achieve profit before tax of ₹314.20 lakhs in Financial Year 2021 and surpassed its last reported profit before tax of ₹ 255.86 lakhs in Financial Year 2020.

As on December 15, 2022, our Company has 4 offices, 11 retail stores, 2 distribution centres and virtual offices across 11 cities in the Country. Our business model is based on lease rental model, as we focus on securing retail spaces, ensuring a high visibility and easy accessibility to customers.