The company has been incorporated during the year 2022, prior to the incorporation of the company, the company's promoter Ranjeet Solanki was carrying on the business as a proprietorship concern under the name of “Solanki Enterprises” since the year 1997. Later, the company’s promoter with the mission to offer reasonably priced barcode labels, printing and solutions assuring customer satisfaction, started the business of barcode label in the year 2009. Later, on November 11, 2022, the running business of the above proprietorship concern was taken-over by the company, along with the assets and liabilities of the proprietorship concern. The company’s Promoter was appointed as Director in the company and since than he has been looking after the overall operations and major business decisions of the company. With its absolute commitment to quality, meticulous attention and level of services, today it has established ourselves as a solution provider to its customers for their needs related to printing of barcode labels, product labels, barcode ribbons, barcode printers, scanners, RFID products, ID card printing products, Patient wrist bands, and self-adhesive tape products which are used in different industries for their multipurpose use including logistic, industrial packaging etc.
The company is engaged in the business of providing barcode code solutions, catering to many different segments of industries including FMCG, logistics service providers, chemicals, garments etc. It supply 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 with help of its machines. The company has the required infrastructure and set up for manufacturing of both plain labels and preprinted barcode labels with the 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 which enable it to meet the requirements of its customer in time. It also has a slitting machine to manufacture thermal transfer ribbons required to print the data on to 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 supply of ID card printers, consumables, patient identification wrist bands, automatic label applicator machines, satin, taffeta rolls for garment companies and self-adhesive tape products. It offers quality products and services at cost effective prices. With its attitude towards quality and service to its customers, it has obtained a long list of reputed clienteles including companies like Wipro GE Healthcare, Titan Company, ITC and Indian Oil Corporation. Further, the company has qualified and experienced service engineers to install, train and repair the barcode machines, this makes the customer to stick to Labelkraft as all their barcoding needs are fulfilled under one roof.
Apart from the above, it has experience in the business of trading of duty credit scrips required to pay customs duty by the importers. These scrips are transferable as per Foreign Trade Policy of Government of India. These are procured from exporters of various products and sold to importers for their customs duty payments. Over the years, it has established cordial relationships with its customers by providing the desired goods and services. Its customer base includes companies in the garment, automobile, retail, jewelry, FMCG, hospitals, electrical, electronic items, warehousing and logistics industry. Further, in order to reduce the cost and capitalize on the future demand, it has purchased a piece of land for setting up its manufacturing facility at No. 14/11, Sudhama Nagar, Jayachamarajendra road cross, Bengaluru, Karnataka. The land purchase has been undertaken through bank financial facilities and internal accruals of the company.
Business area of the company
The company is engaged in the business of providing barcode code solutions. The company offers services to many different segments of industries like FMCG, logistics service providers, chemicals, garments, etc.
Products:
Key Events
1997: Starting the business under proprietorship as Solanki Enterprises.
2009: Started the business of barcode labels printing, dealing in barcode label printers, barcode ribbons, barcode scanners, adhesive tapes, POS setup, surface protection films and barcode software.
2022: Incorporation of the Company in the name of the “Labelkraft Technologies Limited”.
2022: Acquisition of the running business of Solanki Enterprises vide business purchase agreement dated November 11, 2022.
