I bought the mic version which cost ne 960 rs from Cowon India website. They delivered me in 24 hour.
Sound quality us good. Bass is nice little less than sound magic e10 but considering the price difference it is acceptable.
Noise isolation is good provided that u use the correct tip.
Cant say abouy Xperia L compatibility. It is working on Galaxy Grand 2 but it was not perfect on my Xperia Pro. But that the quite a old phone. Ask the online customer support on their site.