Labelkraft Technologies IPO vs Maiden Forgings IPO

Comparision between Labelkraft Technologies IPO and Maiden Forgings IPO.

IPO Details

Labelkraft Technologies IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Maiden Forgings IPO is a SME Book Built Issue proposed to list at BSE SME.

	Labelkraft Technologies IPO	Maiden Forgings IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Limited	Share India Capital Services Private Limited
Registrar	Bigshare Services Pvt Ltd	Maashitla Securities Private Limited
Market Maker	Hem Securities Ltd.	Share India Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Labelkraft Technologies IPO is up to ₹4.75 Cr whereas the issue size of the Maiden Forgings IPO is up to ₹23.84 Cr. The final issue price of Labelkraft Technologies IPO is ₹55.00 per share and of Maiden Forgings IPO is ₹63.00 per share.

	Labelkraft Technologies IPO	Maiden Forgings IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹60.00 per share
Issue Price (Upper)		₹63.00 per share
Issue Price (Final)	₹55.00 per share	₹63.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	8,64,000 shares	37,84,000 shares
Fresh Issue Size (Amount)	up to ₹4.75 Cr	up to ₹23.84 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,64,000 shares	37,84,000 shares
Issue Size Total (Amount)	up to ₹4.75 Cr	up to ₹23.84 Cr

IPO Timetable

Labelkraft Technologies IPO opens on Mar 13, 2023, while Maiden Forgings IPO opens on Mar 23, 2023. The closing date of Labelkraft Technologies IPO and Maiden Forgings IPO is Mar 15, 2023, and Mar 27, 2023, respectively.

	Labelkraft Technologies IPO	Maiden Forgings IPO
Anchor Bid Date		Mar 22, 2023
Issue Open	Mar 13, 2023	Mar 23, 2023
Issue Close	Mar 15, 2023	Mar 27, 2023
Basis Of Allotment (Tentative)	Mar 20, 2023	Mar 31, 2023
Initiation of Refunds (Tentative)	Mar 21, 2023	Apr 03, 2023
Credit of Share (Tentative)	Mar 22, 2023	Apr 05, 2023
Listing date (Tentative)	Mar 23, 2023	Apr 06, 2023
Anchor Lockin End date 1	Apr 19, 2023	Apr 30, 2023
Anchor Lockin End date 2	Jun 18, 2023	Jun 29, 2023

Financials

Labelkraft Technologies IPO P/E ratio is 62.5, as compared to Maiden Forgings IPO P/E ratio of 8.38.

Labelkraft Technologies IPO

Maiden Forgings IPO

Financial

Labelkraft Technologies Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
30-Nov-22	587.16	68.68	4.09	9.09	4.09	67.10
Amount in ₹ Lakhs

Maiden Forgings Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	9,890.05	20,440.37	165.95	2,136.92	1,672.02	5,788.13
31-Mar-21	10,484.25	19,937.49	168.94	2,899.11	2,377.71	5,428.93
31-Mar-22	11,014.23	21,083.72	213.94	3,113.05	2,591.65	6,170.75
31-Dec-22	12,595.69	16,381.04	801.51	3,914.56	2,871.76	6,525.17
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.71%

100%

Promoter Shareholding (Post-Issue)

73.16%

73.37%

P/E Ratio

62.5

8.38

Market Cap

₹17.84 Cr.

₹89.54 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Labelkraft Technologies IPO retail investors (RII) are offered 4,10,000 shares while in Maiden Forgings IPO retail investors are offered 4,10,000 shares. Qualified institutional buyers (QIB) are offered in Labelkraft Technologies IPO and 3,60,000 shares in Maiden Forgings IPO.

	Labelkraft Technologies IPO	Maiden Forgings IPO
Anchor Investor Reserveration
Market Maker Reserveration	44,000 shares	1,90,000 shares
QIB		3,60,000 shares
NII	4,10,000 shares	9,70,000 shares
RII	4,10,000 shares	22,64,000 shares
Employee		0 shares
Others
Total	8,20,000 shares	37,84,000 shares

Bids Received (Subscription)

Labelkraft Technologies IPO subscribed 53.42x in total, whereas Maiden Forgings IPO subscribed 1.20x.

	Labelkraft Technologies IPO	Maiden Forgings IPO
QIB (times)		1.00x
NII (times)	46.84x	1.42x
Big NII (times)
Small NII (times)
RII (times)	59.84x	1.12x
Employee (times)
Other (times)
Total (times)	53.42x	1.20x

Compare with others

Labelkraft Technologies IPO	Maiden Forgings IPO
Infinium Pharmachem IPO	Sancode Technologies IPO
Maiden Forgings IPO	Exhicon Events IPO
Command Polymers IPO	Sotac Pharmaceuticals IPO
Dev Labtech Venture IPO	MOS Utility IPO
Nirman Agri Genetics IPO	Infinium Pharmachem IPO
VELS Film International IPO	Command Polymers IPO
Bright Outdoor Media IPO	Dev Labtech Venture IPO
Prospect Commodities IPO	Nirman Agri Genetics IPO
Quality Foils (India) IPO	Labelkraft Technologies IPO
Sudarshan Pharma Industries IPO	VELS Film International IPO

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