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Incorporated in 2022, Labelkraft Technologies Limited is engaged in the business of providing barcode code solutions. The company offer services to many different segments of industries like FMCG, logistics service providers, chemicals, garments, etc.
Prior to the incorporation, the operations were run by the Promoter, Ranjeet Solanki via a proprietorship concern under the name of "Solanki Enterprises" since 1997.
The company has been established to fulfill the mission of offering reasonably priced barcode labels, printing, and solutions, keeping customer satisfaction at the foremost.
Labelkraft is committed to offering quality products, giving meticulous attention at each level, and providing ease in services. The company has established itself as a solution provider catering to the customers' needs related to printing barcode ribbons, barcode labels, product labels, barcode printers, scanners, ID card printing products, Patient wrist bands, RFID products, and self-adhesive tape products.
The products of Labelkraft Technologies Limited are applied and used by various industries for their multipurpose use including logistics, industrial packaging, etc.
| IPO Date | Mar 13, 2023 to Mar 15, 2023 |
| Listing Date | Mar 23, 2023 |
| Face Value | ₹10 per share |
| Price | ₹55 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 864,000 shares (aggregating up to ₹4.75 Cr) |
| Fresh Issue | 864,000 shares (aggregating up to ₹4.75 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Other Shares Offered | 410,000 (50.00%) |
| Retail Shares Offered | 410,000 (50.00%) |
| Market Maker portion | 44,000 shares (HEM SECURITIES LTD.) |
| Total Shares Offered | 820,000 |
Labelkraft Technologies IPO opens on Mar 13, 2023, and closes on Mar 15, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Mar 13, 2023 |
| Closing Date | Mar 15, 2023 |
| Basis of Allotment | Mar 20, 2023 |
| Initiation of Refunds | Mar 21, 2023 |
| Credit of Shares to Demat | Mar 22, 2023 |
| Listing Date | Mar 23, 2023 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Labelkraft Technologies IPO lot size is 2000 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
| HNI (Min) | 2 | 4,000 | ₹220,000 |
| Lot Size Calculator | |||
Ranjeet Kumar Solanki is the Promoter of the company.
| Pre Issue Share Holding | 99.71% |
| Post Issue Share Holding | 73.16% |
The Labelkraft Technologies IPO is subscribed 53.42 times on Mar 15, 2023 7:02:00 PM. The public issue subscribed 59.84 times in the retail category, times in the QIB category, and 46.84 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | 46.84 |
| Retail | 59.84 |
| Total | 53.42 |
Total Application : 14,055 (68.56 times)
| 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 | ||||||
| KPI | Values |
|---|---|
| P/E (x) | 62.5 |
| Market Cap (₹ Cr.) | 17.84 |
[Dilip Davda] LTL has just 52 days of working post corporatization and on the basis of its performance thereafter, the issue appears exorbitantly priced. Tiny paid-up equity capital post-IPO indicates a longer gestation period for migration to the mainboard. The company is operating in a highly competitive and fragmented segment. There is no harm in skipping this pricey bet. Read detail review...
The company intends to utilize the proceeds of the Issue to meet the following objectives:
| Listing Date | Mar 23, 2023 |
| BSE Script Code | 543830 |
| NSE Symbol | |
| ISIN | INE0NLJ01011 |
| Final Issue Price | ₹55 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹55.00 |
| ₹56.00 |
| ₹53.20 |
| ₹57.90 |
| ₹55.79 |
Labelkraft Technologies Limited
14/12,
Jayachamarajendra Road,
Bengaluru - 560002
Phone: +91 080-40927665
Email: cs@labelkraft.com
Website: http://www.labelkraft.com/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Are you an SME company looking for an IPO to raise funds and get listed in the stock market? We can help. Contact us today... SME IPO Enquiry Form
Labelkraft Technologies IPO is a SME IPO of 864,000 equity shares of the face value of ₹10 aggregating up to ₹4.75 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000 Shares.
The IPO opens on Mar 13, 2023, and closes on Mar 15, 2023.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Labelkraft Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Labelkraft Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Labelkraft Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Labelkraft Technologies IPO opens on Mar 13, 2023 and closes on Mar 15, 2023.
Labelkraft Technologies IPO lot size is 2000 Shares and the minimum order quantity is .
You can apply in Labelkraft Technologies IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Labelkraft Technologies IPO will be done on Mar 20, 2023, and the allotted shares will be credited to your demat account by Mar 22, 2023. Check the Labelkraft Technologies IPO allotment status.
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