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Labelkraft Technologies IPO is a fixed price issue of Rs 4.75 crores. The issue is entirely a fresh issue of 8.64 lakh shares.
Labelkraft Technologies IPO bidding started from March 13, 2023 and ended on March 15, 2023. The allotment for Labelkraft Technologies IPO was finalized on Monday, March 20, 2023. The shares got listed on BSE SME on March 23, 2023.
Labelkraft Technologies IPO price is ₹55 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹110,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹220,000.
Hem Securities Limited is the book running lead manager of the Labelkraft Technologies IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Labelkraft Technologies IPO is Hem Securities.
Refer to Labelkraft Technologies IPO RHP for detailed information.
| IPO Date | March 13, 2023 to March 15, 2023 |
| Listing Date | March 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 |
| Share holding pre issue | 2,380,000 |
| Share holding post issue | 3,244,000 |
| Market Maker portion | 44,000 shares Hem Securities |
Labelkraft Technologies IPO offers 864,000 shares. 410,000 (47.45%) to NII, 410,000 (47.45%) to RII.
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 44,000 (5.09%) |
| Other Shares Offered | 410,000 (47.45%) |
| Retail Shares Offered | 410,000 (47.45%) |
| Total Shares Offered | 864,000 (100%) |
Labelkraft Technologies IPO opens on March 13, 2023, and closes on March 15, 2023.
| IPO Open Date | Monday, March 13, 2023 |
| IPO Close Date | Wednesday, March 15, 2023 |
| Basis of Allotment | Monday, March 20, 2023 |
| Initiation of Refunds | Tuesday, March 21, 2023 |
| Credit of Shares to Demat | Wednesday, March 22, 2023 |
| Listing Date | Thursday, March 23, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 15, 2023 |
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| 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.
| Share Holding Pre Issue | 99.71% |
| Share Holding Post Issue | 73.16% |
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.
| 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 | ||||||
The market capitalization of Labelkraft Technologies IPO is Rs 17.84 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 62.5 |
The company intends to utilize the proceeds of the Issue to meet the following objectives:
[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 Labelkraft Technologies IPO is subscribed 53.42 times on March 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)
| Listing Date | March 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://ipo.bigshareonline.com/ipo_status.html
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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 March 13, 2023, and closes on March 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 March 13, 2023 and closes on March 15, 2023.
Labelkraft Technologies IPO lot size is 2000 Shares, and the minimum amount required is ₹110,000.
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 Monday, March 20, 2023, and the allotted shares will be credited to your demat account by Wednesday, March 22, 2023. Check the Labelkraft Technologies IPO allotment status.
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