Fixed Price IPO | ₹5 Cr | Listed at BSE SME | Mon, Mar 13, 2023 - Wed, Mar 15, 2023
Labelkraft Technologies IPO is a fixed price issue of ₹4.75 crores. The issue is entirely a fresh issue of 0.09 crore shares of ₹4.75 crore.
Labelkraft Technologies IPO bidding started from Mar 13, 2023 and ended on Mar 15, 2023. The allotment for Labelkraft Technologies IPO was finalized on Mar 20, 2023. The shares got listed on BSE SME on Mar 23, 2023.
Labelkraft Technologies IPO price is ₹55 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,10,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,20,000.
Hem Securities Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Hem Securities Ltd..
Refer to Labelkraft Technologies IPO RHP for detailed Information.
IPO Open
Mon, Mar 13, 2023
IPO Close
Wed, Mar 15, 2023
Issue Price
₹55 per share
Market Cap (Pre-IPO)
₹17.84 Cr
| IPO Date | 13 to 15 Mar, 2023 |
| Listed on | Thu, Mar 23, 2023 |
| Face Value | ₹10 per share |
| Issue Price | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 8,64,000 shares (agg. up to ₹5 Cr) |
| Reserved for Market Maker | 44,000 shares Hem Securities Ltd. (agg. up to ₹0.2420 Cr) |
| Fresh Issue (Ex Market Maker) | 8,20,000 shares (agg. up to ₹5 Cr) |
| Net Offered to Public | 8,20,000 shares (agg. up to ₹5 Cr) |
| Share Holding Pre Issue | 23,80,000 shares |
| Share Holding Post Issue | 32,44,000 shares |
| BSE Script Code | 543830 |
| ISIN | INE0NLJ01011 |
Labelkraft Technologies IPO comprises a total issue size of 8,64,000 shares. The net offer to the public is 8,20,000 shares, after excluding 44,000 shares allotted on a firm basis. Of the Net offer 4,10,000 (50.00%) allocated to NII 4,10,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 4,10,000 | 50.00% | 47.45% |
| Retail Shares Offered | 4,10,000 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 44,000 | 5.09% | |
| Total Shares Offered | 8,64,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,10,000 |
| Retail (Max) | 1 | 2,000 | ₹1,10,000 |
| HNI (Min) | 2 | 4,000 | ₹2,20,000 |
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 | 30 Nov 2022 |
|---|---|
| Assets | 5.87 |
| Total Income | 0.69 |
| Profit After Tax | 0.04 |
| NET Worth | 0.09 |
| Reserves and Surplus | 0.04 |
| Total Borrowing | 0.67 |
| Amount in ₹ Crore | |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Capital Expenditure towards installation of additional plant and machinery | 1.81 |
| 2 | Funding of Working capital requirements | 1.50 |
| 3 | General Corporate Purpose | 0.76 |
| KPI | |
|---|---|
| ROE | 45 |
| ROCE | 7 |
| Debt/Equity | 7.37 |
| RoNW | 45.02 |
| EBITDA Margin | 11.85% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 0.24 | |
| P/E (x) | 62.5 | |
| Promoter Holding | 99.71% | 73.16% |
| Market Cap | ₹17.84 Cr. |
The Labelkraft Technologies IPO is subscribed 53.42 times on March 15, 2023 7:02:00 PM (Day 3). 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) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 46.84 | 4,10,000 | 1,92,06,000 |
| Retail | 59.84 | 4,10,000 | 2,45,34,000 |
| Total | 53.42 | 8,20,000 | 4,38,04,000 |
Total Application : 14,055
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead Manger Fees | 0.24 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.03 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.03 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.03 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.02 |
| 7 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Brokerage, Processing Fees*, Underwriting fees and Miscellaneous Expenses) | 0.33 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹56.00 |
| Low | ₹53.20 |
| High | ₹57.90 |
| Last Trade | ₹55.79 |
Lead Manager Reports
Labelkraft Technologies IPO is a SME IPO of 8,64,000 equity shares of the face value of ₹10 aggregating up to ₹5 Crores. The issue is priced at ₹55 per share. The minimum order quantity is 2000.
The IPO opens on Mon, Mar 13, 2023, and closes on Wed, 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
Visit Zerodha IPO Application Process Review for more detail.
The Labelkraft Technologies IPO opens on Mon, Mar 13, 2023 and closes on Wed, Mar 15, 2023.
Labelkraft Technologies IPO lot size is 2000, and the minimum amount required for application is ₹1,10,000.
You can apply in Labelkraft Technologies IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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 Wed, Mar 22, 2023. Check the Labelkraft Technologies IPO allotment status.
The Labelkraft Technologies IPO listing date is on Thu, Mar 23, 2023.
