Labelkraft Technologies Limited IPO Detail
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.
Company Promoters
Ranjeet Kumar SolankiIPO Details
IPO Opening Date | Mar 13, 2023 |
IPO Closing Date | Mar 15, 2023 |
Issue Type | Fixed Price Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹55 per equity share |
Market Lot | 2000 Shares |
Min Order Quantity | 2000 Shares |
Listing At | BSE SME |
Issue Size | ₹4.75 Cr |
Fresh Issue | ₹4.75 Cr |
Offer for Sale | - |
Retail Portion | 50% |
IPO Subscription (Bidding Detail)
AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
---|---|---|---|---|---|---|
Day 1 | - | - | 1.23x | 3.94x | 2.59x | |
Day 2 | - | - | 1.91x | 6.91x | 4.41x | |
Day 3 | - | - | 46.84x | 59.84x | 53.42x |
IPO Tentative Timetable
The Labelkraft Technologies Limited IPO open date is Mar 13, 2023, and the close date is Mar 15, 2023. The issue may list on Mar 23, 2023.
IPO Open Date | Mar 13, 2023 |
IPO Close Date | Mar 15, 2023 |
Basis of Allotment Date | Mar 20, 2023 |
Initiation of Refunds | Mar 21, 2023 |
Credit of Shares to Demat Account | Mar 22, 2023 |
IPO Listing Date | Mar 23, 2023 |
IPO Lot Size
The Labelkraft Technologies Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹110000).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 2000 | ₹110000 |
Maximum | 1 | 2000 | ₹110000 |
IPO Promoter Holding
Pre Issue Share Holding | 99.71% |
Post Issue Share Holding | 73.16% |
Company Financials:
For the year/period ended (₹ in Lakhs)
Financial Year | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
30-Nov-22 | 587.16 | 68.68 | 4.09 |
Objects of the Issue:
The company intends to utilize the proceeds of the Issue to meet the following objectives:
- Funding Capital Expenditure towards the installation of additional plant and machinery
- Funding of Working capital requirements
- General Corporate Purpose
- Issue expenses.
Labelkraft Technologies Limited IPO Registrar:
Bigshare Services Pvt Ltd
Labelkraft Technologies Limited IPO Lead Manager(s):
Hem Securities Limited
Company Contact Information:
Labelkraft Technologies Limited
14/12,
Jayachamarajendra Road,
Bengaluru - 560002