Labelkraft Technologies IPO vs Maiden Forgings IPO

Comparison between Labelkraft Technologies IPO and Maiden Forgings IPO.

IPO Details

Labelkraft Technologies IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Maiden Forgings IPO is a SME Bookbuilding proposed to list at BSE SME.

	Labelkraft Technologies IPO	Maiden Forgings IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price	Bookbuilding
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Ltd.	Share India Capital Services Pvt.Ltd.
Registrar	Bigshare Services Pvt.Ltd.	Maashitla Securities Pvt.Ltd.
Market Maker	Hem Securities Ltd.	Share India Securities Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Labelkraft Technologies IPO is up to ₹4.51 Cr whereas the issue size of the Maiden Forgings IPO is up to ₹22.64 Cr. The final issue price of Labelkraft Technologies IPO is ₹55.00 per share and of Maiden Forgings IPO is ₹63.00 per share.

	Labelkraft Technologies IPO	Maiden Forgings IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹60.00 per share
Issue Price (Upper)		₹63.00 per share
Issue Price (Final)	₹55.00 per share	₹63.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	2000 shares	2000 shares
Fresh Issue Size	8,20,000 shares	35,94,000 shares
Fresh Issue Size (Amount)	up to ₹4.51 Cr	up to ₹22.64 Cr
OFS Issue Size	0 shares	0 shares
OFS Issue Size (Amount)	up to ₹0.00 Cr	up to ₹0.00 Cr
Issue Size Total	8,20,000 shares	35,94,000 shares
Issue Size Total (Amount)	up to ₹4.51 Cr	up to ₹22.64 Cr

IPO Timetable

Labelkraft Technologies IPO opens on Mar 13, 2023, while Maiden Forgings IPO opens on Mar 23, 2023. The closing date of Labelkraft Technologies IPO and Maiden Forgings IPO is Mar 15, 2023, and Mar 27, 2023, respectively.

	Labelkraft Technologies IPO	Maiden Forgings IPO
Anchor Bid Date
Issue Open	Mar 13, 2023	Mar 23, 2023
Issue Close	Mar 15, 2023	Mar 27, 2023
Basis Of Allotment (Tentative)	Mar 20, 2023	Mar 31, 2023
Initiation of Refunds (Tentative)	Mar 21, 2023	Apr 03, 2023
Credit of Share (Tentative)	Mar 22, 2023	Apr 05, 2023
Listing date (Tentative)	Mar 23, 2023	Apr 06, 2023
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Labelkraft Technologies IPO P/E ratio is 62.5, as compared to Maiden Forgings IPO P/E ratio of 8.38.

Labelkraft Technologies IPO

Maiden Forgings IPO

Financials

Labelkraft Technologies Limited Financial Information (Restated)
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

Maiden Forgings Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	9,890.05	20,440.37	165.95	2,136.92	1,672.02	5,788.13
31-Mar-21	10,484.25	19,937.49	168.94	2,899.11	2,377.71	5,428.93
31-Mar-22	11,014.23	21,083.72	213.94	3,113.05	2,591.65	6,170.75
31-Dec-22	12,595.69	16,381.04	801.51	3,914.56	2,871.76	6,525.17
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.71

100

Promoter Shareholding (Post-Issue)

73.16

73.37

P/E Ratio

62.5

8.38

Market Cap

₹17.84 Cr.

₹89.54 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Labelkraft Technologies IPO Retail Individual Investors (RII) are offered 4,10,000 shares while in Maiden Forgings IPO retail investors are offered 4,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Labelkraft Technologies IPO and 3,60,000 shares in Maiden Forgings IPO.

	Labelkraft Technologies IPO	Maiden Forgings IPO
Anchor Investor Reserveration
Market Maker Reserveration	44,000 shares	1,90,000 shares
QIB		3,60,000 shares
NII	4,10,000 shares	9,70,000 shares
RII	4,10,000 shares	22,64,000 shares
Employee
Others
Total	8,20,000 shares	35,94,000 shares

Bids Received (Subscription)

Labelkraft Technologies IPO subscribed 53.42x in total, whereas Maiden Forgings IPO subscribed 1.20x.

	Labelkraft Technologies IPO	Maiden Forgings IPO
QIB (times)		1.00x
NII (times)	46.84x	1.42x
Big NII (times)
Small NII (times)
RII (times)	59.84x	1.12x
Employee (times)
Other (times)
Total (times)	53.42x	1.20x

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