Dev Labtech Venture Limited IPO
BSE SMEListed On: Mar 29, 2023 at ₹ 51.0
₹ 204000 /4000 Shares
*Min Investment
17 Mar, 2023
Open Date21 Mar, 2023
Close Date24 Mar, 2023
Allotment Date29 Mar, 2023
Listing DateDev Labtech Venture Limited IPO Issue Details
- Issue Price ₹51 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,200,000 shares of ₹10(aggregating up to ₹11.22 Cr)
- Listing at BSE SME
- List Price 51.0
- Listing Date 2023-03-29
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Link Intime India Private Ltd
Dev Labtech Venture Limited IPO Details
- Retail Portion N/A
Dev Labtech Venture Limited IPO Details
Dev Labtech Venture Limited IPO is an SME IPO, priced at ₹51 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Mar 17, 2023 to Mar 21, 2023. The allotment is expected to be finalized on Mar 24, 2023, and the tentative listing date is Mar 29, 2023.
The registrar of the IPO is Link Intime India Private Ltd, and
Dev Labtech Venture Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,044,000 | 1,044,000 | 2,088,000 |
Day 1 17-03-23 06:00 PM | 0.33 x | 0.66 x | 0.49 x |
Day 2 20-03-23 06:00 PM | 0.79 x | 1.83 x | 1.31 x |
Day 3 21-03-23 06:00 PM | 2.65 x | 8.24 x | 5.47 x |
Dev Labtech Venture Limited Valuations
Dev Labtech Venture Limited Company Financials
| 30-Sept-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 1,166.65 | 888.24 | 713.73 | 711.23 |
| Revenue | 966.43 | 2,698.01 | 1,228.11 | 1,178.85 |
| Profit After Tax | 64.12 | 43.62 | 3.65 | 0.04 |
About Dev Labtech Venture Limited Company
Dev Labtech Venture Limited is a Premier Lab Grown Diamond & Jewellery Manufacturer. The company's registered office is situated in Bhavnagar, Gujarat and it also operates through its sales offices.
Dev Labtech has recently started the manufacturing of lab-grown diamonds, earlier to this, the entity was engaged in the processing of natural diamonds only. The company has developed expert skills over the years in mapping, designing, cutting, and polishing with innovation & extracting optimum output with less wastage while transforming rough to natural polish diamonds.
Dev Labtech Venture Limited has an in-house technical & Design team to make Laboratory grown diamonds. The company has placed the highest quality checks at every level of the manufacturing processes to ensure the superiority of its products.
The company is striving to expand its product line and offer complementary products to enhance its product portfolio.
Dev Labtech Venture Limited - Promoter(s)
Mr. Jerambhai Lavjibhai Donda
Mrs. Labhuben Jerambhai Donda
Mr. Jay Jerambhai Donda
Pre Issue Share Holding : 92.66%
Post Issue Share Holding : 68.01%
Dev Labtech Venture Limited IPO - Issue Objectives
To Meet the Capital Expenditure Requirements
To Meet Working Capital Requirement
General Corporate Purpose
To Meet the Issue Expenses
Dev Labtech Venture Limited IPO - FAQs
Ans. Dev Labtech Venture Limited IPO is a SME IPO. The issue is priced at ₹51 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 17, 2023, and closes on Mar 21, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Dev Labtech Venture Limited IPO opens on Mar 17, 2023 and closes on Mar 21, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Dev Labtech Venture Limited IPO is 2,200,000 shares of ₹10(aggregating up to ₹11.22 Cr).
Ans. The Dev Labtech Venture Limited IPO price band is set between ₹51 per equity share.
Ans. To apply for Dev Labtech Venture Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Dev Labtech Venture Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Dev Labtech Venture Limited IPO is Mar 24, 2023.
Ans. The Dev Labtech Venture Limited IPO will be listed on Mar 29, 2023.
Ans. Follow the steps to check the Dev Labtech Venture Limited IPO allotment status online.
