Labelkraft Technologies IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Mar 15, 2023Let’s have a detailed review of the company and analytics of the Labelkraft Technologies IPO release date, IPO offer price, subscription, Labelkraft Technologies Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 55 |
| Listing At | BSE, SME |
| Min. Order Quantity | 2000 Shares |
| Listing Date | Mar 23, 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 475 Lakh |
| IPO Size | Rs 475 Lakh |
| Tick Size | 1 |
Labelkraft Technologies IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – Labelkraft Technologies Share Price |
Labelkraft Technologies IPO – Summary
Their company has been incorporated during the year 2022, prior to the incorporation of the company their promoter Ranjeet Solanki was carrying on the business as a proprietorship concern under the name of “Solanki Enterprises” since the year 1997.
Later, their promoter with the mission to offer reasonably priced barcode labels, printing and solutions assuring customer satisfaction, started the business of barcode label in the year 2009. Later, on November 11, 2022, the running business of the above proprietorship concern was taken-over by the company, along with the assets and liabilities of the proprietorship concern.
The Promoter of this company is Mr. Ranjeet Kumar Solanki. The lead manager to the issue is HEM SECURITIES LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Labelkraft Technologies IPO Date
The opening and closing dates of Labelkraft Technologies IPO are Mar 13, 2023, and Mar 15, 2023, respectively.
Labelkraft Technologies IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 13th Mar | 1.23x | 3.94x | 2.59x |
| 2nd Day – 14th Mar | 3.69x | 13.68x | 8.69x |
| 3rd Day – 15th Mar | 46.84x | 59.84x | 53.42x |
| Shares Offered or Net Issue | 410,000 | 410,000 | 820,000 |
The shares subscribed by the public will be updated here.
Labelkraft Technologies IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Labelkraft Technologies Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Mar 20, 2023 |
| Refunds Initiation | Mar 21, 2023 |
| Credit of Shares to Demat Account | Mar 22, 2023 |
| Share Listing Date | Mar 23, 2023 |
Labelkraft Technologies IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.55
Labelkraft Technologies IPO Equity Size
This Initial Public Issue of 864,000 Equity Shares of Rs.10 each for cash at a price of Rs.55 per equity share aggregating to Rs.475 Lakh.
Labelkraft Technologies IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 864,000 Equity Shares of Rs.10/ each.
Issue Size: 864,000 Equity Shares of Rs.10 each, aggregating to Rs.475 Lakh
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Labelkraft Technologies IPO – Live Performance
The listing date of this IPO is Mar 23, 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Labelkraft Technologies Share Price |
Labelkraft Technologies IPO Grey Market Premium
The Labelkraft Technologies Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
Labelkraft Technologies IPO – Company Overview
Their company is engaged in the business of providing barcode code solutions, catering to many different segments of industries including FMCG, logistics service providers, chemicals, garments etc.
They supply barcode printers, software, scanners, mobile computers etc. and are also engaged in the business of manufacturing the regular consumables required for the barcode printers namely the barcode ribbons, self-adhesive barcode and product labels in roll and sheet forms with help of their machines.
Their company has the required infrastructure and set up for manufacturing of both plain labels and preprinted barcode labels with the in-house capabilities.
They have installed flat-bed machines, flat-bed printing machines, flexo printing machines with 5 color printing capacity, rotary machines and slitting machines which enable them to meet the requirements of their customer in time. They also have a slitting machine to manufacture thermal transfer ribbons required to print the data on to the labels by the barcode printers.
Labelkraft Technologies IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | |
| 30-Nov-22 | |
| Total Assets | 587.16 |
| *Total Revenue | 68.68 |
| Total Expense | 63.16 |
| Profit After Tax | 4.09 |
Earnings per Equity Share (in Lakh)
| 30-Nov-22 | |
| Basic | 0.24 |
| Diluted | 0.17 |
Further, their PAT for the period ended on Nov 30, 2022 was Rs. 4.09 Lakh.
Labelkraft Technologies IPO – Promoters
The Promoter of this company is:
- Mr. Ranjeet Kumar Solanki
List of Related Parties (Key Managerial Personnel)
- Ranjeet Kumar Solanki, Chairman & Managing Director
- Hemalatha, Non-Executive Director
- Shraddha, Whole Time Director & CFO
- Raashi Jain, Whole Time Director
- Ravi Kant Jagetiya, Independent Director
- Ramachandran Venkata Subramanian, Independent Director
Labelkraft Technologies IPO – Promoters Holding
- Pre-Issue Share Holding – 99.71%
- Post Issue Share Holding – 73.16%
Labelkraft Technologies IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 8,64,000 Equity Shares aggregating up to Rs.475.20 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 44,000 Equity Shares aggregating up to Rs.24.20 Lakh |
| Net Issue to the Public | Up to 8,20,000 Equity Shares aggregating up to Rs.451 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 4,10,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 4,10,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 23,80,000 Equity Shares |
| Equity Shares outstanding after the Issue | 32,44,000 Equity Shares |
Labelkraft Technologies IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Funding Capital Expenditure towards installation of additional plant and machinery.
2. Funding of Working capital requirements
3. General Corporate Purpose.
4. Issue expenses.
Labelkraft Technologies IPO – Business Strategy
- Leverage and enhance their brand name – LABELKRAFT
- Identifying new customers and increasing business with existing customers
- Increasing their presence and expand their network.
- Maintaining cordial relationship with their Suppliers, Customer and employees
Labelkraft Technologies IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Experience of their Promoter and core management team
- Comprehensive range of offerings that provide a “one stop shop” for barcode solutions.
- Existing relationship with the clients
- Cost competitiveness and time bound delivery
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 0.24 | 45.02 | 18.18 |
Labelkraft Technologies IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Labelkraft Technologies Limited | 10 | [●] | 0.24 | 45.02 | 68.68 |
| Listed Peers | |||||
| NA | – | – | – | – | – |
Labelkraft Technologies IPO Lead Managers
| Lead Managers |
| HEM SECURITIES LIMITED 904,A Wing, Naman Midtown, Senapati Bapat Marg, Elphinstone Road, Lower Parel, Mumbai-400013, Maharashtra, India Tel. No.: +91- 022- 49060000; Fax No.: +91- 022- 22625991 Email: ib@hemsecurities.com Investor Grievance Email: redressal@hemsecurities.com Website: www.hemsecurities.com Contact Person :Mr. Sourabh Garg SEBI Regn. No. INM000010981 |
Labelkraft Technologies IPO Registrar to offer
| Registrar to the Offer |
| Bigshare Services Private Limited Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093, Maharashtra, India. Telephone: +91 22 6263 8200 Facsimile: +91 22 6263 8299 Email: ipo@bigshareonline.com Investor Grievance Email: investor@bigshareonline.com Website: www.bigshareonline.com Contact Person: Mr. Babu Rapheal SEBI Registration Number: MB/INR000001385 CIN: U99999MH1994PTC076534 |
Labelkraft Technologies IPO – Other Details
- Statutory Auditor – M/s. Singhi & Co., Chartered Accountants
- Legal Counsel to the Company – Singhi & Singhi Law Chambers LLP
- Bankers to the Company – Kotak Mahindra Bank
Labelkraft Technologies IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Labelkraft Technologies Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Labelkraft Technologies IPO Review FAQs
Check out various FAQs related to Labelkraft Technologies IPO:
What is the Issue Size of Labelkraft Technologies IPO?
The Company is making an initial public offer of 864,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of Labelkraft Technologies IPO?
The price band for this particular IPO ranges between Rs 55. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Labelkraft Technologies IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Mar 13, 2023, while the closing date is set at Mar 15, 2023.
What is the Labelkraft Technologies IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on Mar 20, 2023, refund initiation is on Mar 21, 2023, credit of shares is on Mar 22, 2023, and share listing date is on Mar 23, 2023.
What is the Labelkraft Technologies IPO Listing Date?
Shares of this company shall be listed in the exchanges Mar 23, 2023. The date, when the listing would be done, is stagnant on Mar 23, 2023.
Who is the Registrar of Labelkraft Technologies?
One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Pvt Ltd. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Labelkraft Technologies?
Here are the promoters of this IPO – Mr. Ranjeet Kumar Solanki. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of Labelkraft Technologies?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is Labelkraft Technologies good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Labelkraft Technologies Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 4.09
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