The Labelkraft Technologies IPO date has been confirmed from March 13 and ended on March 15. Read the post to learn about Labelkraft Technologies IPO GMP.
Labelkraft Technologies IPO price is ₹55/share. The minimum lot size for an application is 2000 shares. The minimum investment for retail investors is ₹110,000. The minimum investment for HNI is 2 lots (4,000 shares) worth ₹220,000.
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Key Details Of Labelkraft Technologies IPO:
Bidding Dates
March 13 – 15 ,2023
Price Range
₹55 per share
Face Value
₹10 per share
GMP
₹12
Labelkraft Technologies IPO GMP
The Labelkraft Technologies IPO GMP Today is ₹ 12.
Labelkraft Technologies IPO Overview
Labelkraft Technologies is offering its IPO at a price of ₹55 per share. To participate in the IPO, retail investors need to apply for a minimum lot size of 2000 shares, which requires an investment of ₹110,000. On the other hand, high net worth individuals (HNIs) are required to invest in a minimum of 2 lots, equivalent to 4,000 shares, amounting to ₹220,000.
Labelkraft Technologies began manufacturing barcodes in 2009. The company’s goal is to provide low-cost, high-quality barcodes. They are in the business of providing barcode printers, software, scanners, mobile computers, and regular consumables for barcode printers. Barcode ribbons, labels, product labels, barcode printers, scanners, ID card printing products, patient wristbands, RFID products, and self-adhesive tapes are among their offerings. LabelKraft Technologies products have a variety of applications in logistics, industrial packaging, and other industries.
Labelkraft Technologies IPO Date & Price Band Details
| IPO Date | March 13, 2023 to March 15, 2023 |
| Listing Date | March 23, 2023 |
| Face Value | ₹10 per share |
| Price | ₹55 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 864,000 shares (aggregating up to ₹4.75 Cr) |
| Fresh Issue | 864,000 shares (aggregating up to ₹4.75 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Market Maker portion | 44,000 shares |
Labelkraft Technologies IPO Market Lot
The minimum requirement for investors to bid is 2000 shares, and they can bid in multiples of this amount. The table below illustrates the minimum and maximum investment in terms of shares and amount for both retail investors and HNI.
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 2000 | ₹110,000 |
| Retail (Max) | 1 | 2000 | ₹110,000 |
| HNI (Min) | 2 | 4,000 | ₹220,000 |
Labelkraft Technologies IPO Allotment and Listing Dates
Labelkraft Technologies IPO opens on March 13, 2023, and closes on March 15, 2023.
| IPO Open Date | Monday, March 13, 2023 |
| IPO Close Date | Wednesday, March 15, 2023 |
| Basis of Allotment | Monday, March 20, 2023 |
| Initiation of Refunds | Tuesday, March 21, 2023 |
| Credit of Shares to Demat | Wednesday, March 22, 2023 |
| Listing Date | Thursday, March 23, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 15, 2023 |
Company Profile
Labelkraft Technologies Limited, incorporated in 2022, specializes in providing barcode code solutions to various industries such as FMCG, logistics service providers, chemicals, garments, and more. Before its incorporation, the operations were managed by Ranjeet Solanki, the Promoter, through a proprietorship concern named “Solanki Enterprises” since 1997. The company’s main objective is to offer affordable barcode labels, printing, and solutions while prioritizing customer satisfaction. Labelkraft is dedicated to delivering high-quality products, paying close attention to detail at every stage, and ensuring convenience in its services. It has positioned itself as a reliable solution provider for printing barcode ribbons, barcode labels, product labels, barcode printers, scanners, ID card printing products, patient wristbands, RFID products, and self-adhesive tape products.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | https://ipo.bigshareonline.com/ipo_status.html |
Contact Details
| Name | Labelkraft Technologies Limited |
| Phone number | +91 080-40927665 |
| Email ID | [email protected] |
| Website | https://www.labelkraft.com/ |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Labelkraft Technologies IPO FAQs
When Labelkraft Technologies IPO will open?
The Labelkraft Technologies IPO opens on March 13, 2023 and closes on March 15, 2023.
What is the lot size of Labelkraft Technologies IPO?
Labelkraft Technologies IPO lot size is 2000 Shares, and the minimum amount required is ₹110,000.
How to apply for Labelkraft Technologies IPO?
You can apply in Labelkraft Technologies IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Labelkraft Technologies IPO allotment?
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.
When is Labelkraft Technologies IPO listing date?
The Labelkraft Technologies IPO listing date is on March 23, 2023.
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