Labelkraft Technologies Limited IPO (Labelkraft Technologies IPO) Detail

Mar 13, 2023 - Mar 15, 2023

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.

Labelkraft Technologies IPO Details

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 Size864,000 shares
(aggregating up to ₹4.75 Cr)
Fresh Issue864,000 shares
(aggregating up to ₹4.75 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Labelkraft Technologies IPO Reservation

Other Shares Offered410,000 (50.00%)
Retail Shares Offered410,000 (50.00%)
Market Maker portion44,000 shares (HEM SECURITIES LTD.)
Total Shares Offered820,000

Labelkraft Technologies IPO Tentative Timetable

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

Labelkraft Technologies IPO Lot Size

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

Labelkraft Technologies IPO Promoter Holding

Ranjeet Kumar Solanki is the Promoter of the company.

Pre Issue Share Holding 99.71%
Post Issue Share Holding 73.16%

Labelkraft Technologies IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)

Total Application : 14,055 (68.56 times)

Company Financials

Labelkraft Technologies Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
Amount in ₹ Lakhs

Labelkraft Technologies IPO Key Performance Indicator

KPI Values
P/E (x)62.5
Market Cap (₹ Cr.)17.84

Labelkraft Technologies IPO Review (Avoid)

[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...

Objects of the Issue

The company intends to utilize the proceeds of the Issue to meet the following objectives:

  1. Funding Capital Expenditure towards the installation of additional plant and machinery
  2. Funding of Working capital requirements
  3. General Corporate Purpose
  4. Issue expenses.

Labelkraft Technologies IPO Prospectus

Labelkraft Technologies IPO Rating

Rating:Rated 2.4 stars
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Labelkraft Technologies IPO Listing Details

Listing Date Mar 23, 2023
BSE Script Code 543830
NSE Symbol
Final Issue Price ₹55 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Company Contact Information

Labelkraft Technologies Limited
Jayachamarajendra Road,
Bengaluru - 560002
Phone: +91 080-40927665
Email: cs@labelkraft.com
Website: http://www.labelkraft.com/

Labelkraft Technologies IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/

Labelkraft Technologies IPO Analysis

Labelkraft Technologies IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 1

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Labelkraft Technologies IPO FAQs

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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Labelkraft Technologies IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

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.

The Labelkraft Technologies IPO listing date is on Mar 23, 2023.
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