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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 ₹55.00 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). The minimum lot size investment for 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 Date | March 13, 2023 to March 15, 2023 |
| Listing Date | March 23, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹55 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 8,64,000 shares (aggregating up to ₹4.75 Cr) |
| Reserved for Market Maker | 44,000 shares Hem Securities Ltd. (aggregating up to ₹0.2420 Cr) |
| Net Offered to Public | 8,20,000 shares (aggregating up to ₹4.51 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 23,80,000 shares |
| Share Holding Post Issue | 32,44,000 shares |
Labelkraft Technologies IPO offers total 8,64,000 shares. Out of which 4,10,000 (47.45%) allocated to NII, 4,10,000 (47.45%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 44,000 (5.09%) |
| NII (HNI) Shares Offered | 4,10,000 (47.45%) |
| Retail Shares Offered | 4,10,000 (47.45%) |
| Total Shares Offered | 8,64,000 (100.00%) |
Labelkraft Technologies IPO opens on March 13, 2023, and closes on March 15, 2023.
| IPO Open Date | Mon, Mar 13, 2023 |
| IPO Close Date | Wed, Mar 15, 2023 |
| Tentative Allotment | Mon, Mar 20, 2023 |
| Initiation of Refunds | Tue, Mar 21, 2023 |
| Credit of Shares to Demat | Wed, Mar 22, 2023 |
| Tentative Listing Date | Thu, Mar 23, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Mar 15, 2023 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 ₹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...
| Listing Date | March 23, 2023 |
| BSE Script Code | 543830 |
| NSE Symbol | |
| ISIN | INE0NLJ01011 |
| Final Issue Price | ₹55 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹55.00 |
| Open | ₹56.00 |
| Low | ₹53.20 |
| High | ₹57.90 |
| Last Trade | ₹55.79 |
Labelkraft Technologies Ltd.
14/12,
Jayachamarajendra Road,
Bengaluru - 560002
Bengaluru, Karnataka
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
Labelkraft Technologies IPO is a SME IPO of 8,64,000 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.
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, 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 Wednesday, March 22, 2023. Check the Labelkraft Technologies IPO allotment status.
The Labelkraft Technologies IPO listing date is on Thursday, March 23, 2023.
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