USE APP

Use app for best experience!
Available for Android Device.


Labelkraft Technologies Limited IPO Detail

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 Solanki

IPO Details

IPO Opening DateMar 13, 2023
IPO Closing DateMar 15, 2023
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price ₹55 per equity share
Market Lot2000 Shares
Min Order Quantity2000 Shares
Listing AtBSE 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 DateMar 13, 2023
IPO Close DateMar 15, 2023
Basis of Allotment DateMar 20, 2023
Initiation of RefundsMar 21, 2023
Credit of Shares to Demat AccountMar 22, 2023
IPO Listing DateMar 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).

ApplicationLotsSharesAmount (Cut-off)
Minimum12000₹110000
Maximum12000₹110000

IPO Promoter Holding

Pre Issue Share Holding99.71%
Post Issue Share Holding73.16%

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:

  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 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