Labelkraft Technologies Ltd - IPO

Labelkraft Technologies Ltd IPO Details

Initial public offer of 8,64,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Labelkraft Technologies Limited (The Company or The Issuer) at an issue price of Rs. 55 per equity share for cash, aggregating up to Rs. 4.75 crores (Public Issue) out of which 44000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 55 per equity share for cash, aggregating Rs. 0.24.crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 8,20,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 55 per equity share for cash, aggregating upto Rs. 4.51 crores is here in after referred to as the Net Issue. The public issue and net issue will constitute 26.63% and 25.28% respectively of the post-issue paid-up equity share capital of the company.The face value of the equity share is Rs. 10 each and the issue price is Rs. 55 per equity share. The issue price is 5.5 times of the face value.Minimum application size of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Objective of issue

Funding capital expenditure towards installation of additional plant and machinery. Funding of working capital requirement. General corporate purposes.

Labelkraft Technologies Ltd Contact Details

Labelkraft Technologies Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@labelkraft.com

Website - www.labelkraft.com