Labelkraft Technologies IPO will open for subscription from 13 March 2023. the company aims for an issue size of ₹4.75 Cr through this IPO.
About Company
The company is engaged in the business of providing barcode code solutions, catering to different industries including FMCG, logistics service providers, chemicals, garments, etc. Labelkraft supplies barcode printers, software, scanners, mobile computers, etc., and is 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.
The company has the infrastructure and setup for manufacturing both plain labels and preprinted barcode labels with in-house capabilities. It has installed flat-bed machines, flat-bed printing machines, flexo printing machines with 5-color printing capacity, rotary machines, and slitting machines. Labelkraft also has a slitting machine to manufacture thermal transfer ribbons required to print the data onto the labels by the barcode printers.
Apart from the above, the company has also installed a self-adhesive tape-slicing machine to slit mirror mounting tapes, tissue tapes, masking tapes, etc. which are supplied to various industries across the country for their packaging needs. It is also engaged in the supply of ID card printers, consumables, patient identification wristbands, automatic label applicator machines, satin, taffeta rolls for garment companies, and self-adhesive tape products.
Basic details about the company
| Full name | Labelkraft Technologies Limited |
| Sector | Media & Entertainment |
| Industry | Printing & Stationery |
| Company Website | https://www.labelkraft.com/ |
The objective of the Issue
- Funding Capital Expenditure towards the installation of additional plant and machinery
- Funding of Working capital requirements
- General Corporate Purpose
- Issue expenses.
IPO Timetable
| IPO Opening date | 13 March 2023 |
| IPO Closing | 15 March 2023 |
| Basis of Allotment | 20 March 2023 |
| Initiation Refund | 21 March 2023 |
| Credit to Demat Account | 22 March 2023 |
| Listing Date | 23 March 2023 |
IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹4.75 Cr – 864,000 shares |
| Fresh Issue | ₹4.75 Cr – 864,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer price | ₹55 per share |
| Lot size | 2000 shares |
| Retail Allocation | 50% |
| Listing Exchange | BSE SME |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
| HNI (Min) | 2 | 4,000 | ₹220,000 |
Reservation Details
| QIB Shares Offered | Nil |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Financial Performance
| 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 |
Valuations & Margins
| 10M FY 2023 | |
| EPS | 0.17 |
| PE ratio | – |
| RONW (%) | 45.02 |
| NAV | 18.18 |
| ROCE (%) | 0.07 |
| EBITDA (%) | 11.85 |
| Debt/Equity | 7.37 |
Company Promoters
- Ranjeet Kumar Solanki
Promoter Holding
| Pre Issue Share Holding | 99.71% |
| Post Issue Share Holding | 73.16% |
Lead Manager(s)
- Hem Securities Limited
IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Contact Details
LABELKRAFT TECHNOLOGIES LIMITED
14/12, Jayachamarajendra Road,
Bengaluru Karnataka 560002 India
Phone: +91 080-40927665
E-mail: cs@labelkraft.com
Website: www.labelkraft.com
Allotment Status
Labelkraft Technologies IPO allotment status will be available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.
Final thoughts
Labelkraft Technologies IPO is going to hit Dalal street soon. applying for an IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
