IPO Issue Details
Issue Price / Price Band₹55 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size8,64,000 shares (aggregating up to ₹4.75 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 13 Mar 2023
Subscription CloseWed, 15 Mar 2023
Anchor AllotmentSun, 12 Mar 2023
Basis of AllotmentMon, 20 Mar 2023
Initiation of RefundsTue, 21 Mar 2023
Credit of Shares to DematWed, 22 Mar 2023
Listing DateThu, 23 Mar 2023
UPI Mandate Deadline2023-03-15
Application & Investment Details
Retail — Min (1 Lots)₹1,10,000 — 2,000 shares
Retail — Max (13 Lots)₹1,430,000 (13 Lots)
HNI — Min (2 Lots)₹2,20,000 — 4,000 shares
P/E Ratio (Pre-IPO)62.5x
Net Offer to Public8,20,000 shares (aggregating up to ₹4.51 Cr)
Reserved for Market Maker44,000 shares (aggregating up to ₹0.2420 Cr)
Pre-IPO Promoter Holding23,80,000 shares
Post-IPO Promoter Holding32,44,000 shares
About Labelkraft Technologies Ltd
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.
Objects of the Issue
Labelkraft Technologies Ltd proposes to utilise the net proceeds from the Issue for the following objects:
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
Shareholding & Lock-in
Pre-IPO Promoter Holding
23,80,000 shares
Post-IPO Promoter Holding
32,44,000 shares