Dev Labtech Venture Limited IPO
Dev Labtech Venture Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹51 per share. The stock debuted at ₹51 with a flat listing performance. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,02,000.
Dev Labtech Venture Limited IPO
- IPO Dates
- Mar 17, 2023 – Mar 21, 2023
- Price band
- ₹51 per equity share
- Minimum Investment
- ₹1,02,000
- Issue size
- 2,200,000 shares of ₹10(aggregating up to ₹11.22 Cr)
- Lot size
- 2000
- Allotment Date
- Mar 24, 2023
- Listing
- Mar 29, 2023
- Listing At
- BSE SME
IPO timeline
-
Mar 17, 2023
Open Date
Completed
-
Mar 21, 2023
Close Date
Completed
-
Mar 24, 2023
Allotment Date
Completed
-
Mar 29, 2023
Listing Date
Completed
Dev Labtech Venture Limited IPO Essentials
Dev Labtech Venture Limited IPO Details
Dev Labtech Venture Limited IPO is priced at ₹51 per share with a total issue size of 2,200,000 shares of ₹10(aggregating up to ₹11.22 Cr). The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- ₹51 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 2,200,000 shares of ₹10(aggregating up to ₹11.22 Cr)
- Listing at
- BSE SME
- List price
- 51.0
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Beeline Capital Advisors Pvt Ltd
Dev Labtech Venture Limited IPO Analytics
Dev Labtech Venture Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Dev Labtech Venture Limited IPO Subscription Status
Dev Labtech Venture Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS (Post IPO)
- ₹0.84/-
- P/E Ratio
- 60.71
Returns
- RoNW
- 22.71%
Dev Labtech Venture Limited Financials( In Lakhs)
| 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 |
Dev Labtech Venture Limited Company & Offer Insights
About Dev Labtech Venture Limited
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 are the company's promoters of Dev Labtech Venture Limited.
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
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Dev Labtech Venture Limited IPO is a Fixed Priced IPO worth ₹2,200,000 shares of ₹10(aggregating up to ₹11.22 Cr). The issue price is ₹51 per share (fixed price). The IPO opens on Mar 17, 2023 and closes on Mar 21, 2023. It will be listed on BSE SME Platform. Link Intime India Private Ltd is the registrar.
The issue price of Dev Labtech Venture Limited IPO is ₹51 per share (fixed price).
The lot size of Dev Labtech Venture Limited IPO is 2000 shares.
The minimum investment for Dev Labtech Venture Limited IPO is approximately ₹1,02,000 based on the issue price .
Dev Labtech Venture Limited IPO opens on Mar 17, 2023 and closes on Mar 21, 2023.
The allotment date of Dev Labtech Venture Limited IPO is Mar 24, 2023.
Dev Labtech Venture Limited IPO is expected to be listed on Mar 29, 2023, on BSE SME Platform.
Dev Labtech Venture Limited IPO valuation snapshot: P/E 60.71, EPS ₹0.84/-, P/B N/A, RoNW 22.71%, and market cap N/A.
To apply for Dev Labtech Venture Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Dev Labtech Venture Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Dev Labtech Venture Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Dev Labtech Venture Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Dev Labtech Venture Limited IPO allotment status on IPO Ji for quick and easy access.