Labelkraft Technologies IPO: GMP, Price, Dates & size

Rate this post

Labelkraft Technologies Limited is a company established in 2022 that specializes in providing barcode solutions to various industries, including FMCG, logistics service providers, chemicals, garments, and more. The company was founded with the aim of providing cost-effective barcode labels, printing, and solutions while prioritizing customer satisfaction. Before its incorporation, the business was operated by the founder, Ranjeet Solanki, through a proprietorship concern called “Solanki Enterprises” since 1997. 

Labelkraft Technologies Limited’s focus on offering affordable and high-quality barcode solutions sets it apart from its competitors. The company’s mission is to provide excellent customer service and meet the needs of different industries. With a history of successful operations under the founder’s leadership, Labelkraft Technologies Limited is poised to become a leader in the barcode solutions industry. 

Labelkraft Technologies IPO Details 

IPO Date Mar 13, 2023 to Mar 15, 2023 
Listing Date Mar 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 
ITCONS E-Solutions IPO: GMP, Price, Dates and size
Labelkraft Technologies

Labelkraft Technologies IPO Tentative Dates  

Event Tentative Date 
Opening Date Mar 13, 2023 
Closing Date Mar 15, 2023 
Basis of Allotment Mar 20, 2023 
Initiation of Refunds Mar 21, 2023 
Credit of Shares to Demat Mar 22, 2023 
Listing Date Mar 23, 2023 
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day 

Industry Overview 

The barcode solutions industry in India has been witnessing significant growth over the years, driven by the increasing adoption of barcodes in various industries such as retail, manufacturing, logistics, and healthcare. The industry is expected to continue growing at a compound annual growth rate (CAGR) of around 10% during the forecast period 2021-2026. This growth is attributed to the rising demand for barcode solutions from various sectors and the increasing need for inventory management and supply chain optimization. 

The Indian government’s push towards digitalization and the growing trend of e-commerce is also expected to drive the demand for barcode solutions in the country. With its customer-centric approach and a wide range of services, Labelkraft Technologies Limited is likely to continue growing and capturing a significant market share in the Indian barcode solutions industry. 

Company Financials 

Labelkraft Technologies Limited Financial Information (Restated) 

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 

Objects of the Issue 

The company intends to utilize the proceeds of the Issue to meet the following objectives: 

  1. Funding Capital Expenditure towards the installation of additional plant and machinery 
  1. Funding of Working capital requirements 
  1. General Corporate Purpose 
  1. Issue expenses. 

Labelkraft Technologies IPO Prospectus

Company Contact Information

Labelkraft Technologies Limited
Jayachamarajendra Road,
Bengaluru – 560002
Phone: +91 080-40927665

Labelkraft Technologies IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Labelkraft Technologies IPO Lead Manager(s)

  1. Hem Securities Limited (Past IPO Performance)


Please enter your comment!
Please enter your name here