Dev Labtech Venture IPO Details: Dev Labtech Venture IPO date is fixed, The IPO will open on March 17 and will close on March 21. Dev Labtech Venture is a BSE SME IPO to raise ₹11.22 crores via IPO. The Dev Labtech Venture IPO price band is fixed at ₹51 with a market lot of 2000 shares.
Dev Labtech Venture Limited is a Premier Manufacturer, Wholesaler, and Trader of Lab Grown Diamonds & Jewellery. The company was incorporated in 1993, based in Bhavnagar, Gujarat. They also operate from their sales offices as well. The company provides both lab-grown and natural diamonds. They offer luxurious and eco-friendly diamond jewelry.
Dev Labtech’s product range includes Loose Polished Diamond, Single Crystal CVD Plates, and Lab Grown Diamond Jewellery. The products are manufactured from high-grade components following industry norms and standards and are highly admired by the customers for their high quality and consistency at the best price.
Objects of the Issue:
- To Meet the Capital Expenditure Requirements.
- To Meet Working Capital Requirement.
- General Corporate Purpose.
- To Meet the Issue Expenses.
Dev Labtech Venture IPO Review
- May Apply
Dev Labtech Venture IPO GMP Live Rates day by day with Kotak rates.
Date | GMP | Kostak | Subject to |
29 March | ₹8 | ₹- | ₹15000 |
Dev Labtech Venture IPO Date & Price Band Details
IPO Open: | March 17, 2023 |
IPO Close: | March 21, 2023 |
IPO Size: | Approx ₹11.22 Crores, 2,200,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹51 Per Equity Share |
IPO Listing on: | BSE SME |
Retail Quota: | 50% of the net offer |
NII Quota: | 50% of the net offer |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Dev Labtech Venture IPO Market Lot
The Dev Labtech Venture IPO minimum market lot is 2000 shares with a ₹102,000 application amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 2000 | ₹102,000 |
Retail Maximum | 1 | 2000 | ₹102,000 |
S-HNI Minimum | 2 | 4000 | ₹204,000 |
Dev Labtech Venture IPO Dates
The Dev Labtech Venture IPO date is March 17 and the IPO close date is March 21. The IPO allotment date is March 24 and the IPO might list on March 29.
IPO Open Date: | March 17, 2023 |
IPO Close Date: | March 21, 2023 |
Basis of Allotment: | March 24, 2023 |
Refunds: | March 27, 2023 |
Credit to Demat Account: | March 28, 2023 |
IPO Listing Date: | March 29, 2023 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Dev Labtech Venture IPO Form
How to apply Dev Labtech Venture IPO? You can apply Dev Labtech Venture IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Dev Labtech Venture IPO in the Invest section. The other option you can apply Dev Labtech Venture IPO via IPO forms download via the BSE website. Check out the Dev Labtech Venture forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Dev Labtech Venture Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2020 | ₹11.79 | ₹11.74 | ₹0.00 |
2021 | ₹12.28 | ₹12.23 | ₹0.04 |
2022 | ₹26.98 | ₹26.52 | ₹0.44 |
2023 6M | ₹9.66 | ₹8.95 | ₹0.64 |
Dev Labtech Venture IPO Valuation – FY2022
Check Dev Labtech Venture IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹0.84 per Equity Share |
Price/Earning P/E Ratio: | 60.71 |
Return on Net Worth (RoNW): | 22.71% |
Net Asset Value (NAV): | ₹15.28 per Equity Share |
Peer Group
- NA
Company Promoters
- Mr. Jerambhai Lavjibhai Donda
- Mrs. Labhuben Jerambhai Donda
- Mr. Jay Jerambhai Donda
Dev Labtech Venture IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Dev Labtech Venture IPO Allotment Status
Check Dev Labtech Venture IPO allotment status on Linkintime website URL. Click Here
Dev Labtech Venture IPO Lead Managers
- Beeline Capital Advisors Pvt Ltd
Company Address
Dev Labtech Venture Limited
GF/22-23, Pattani Plaza,
Dairy Road, Near Nilambaug Circle,
Bhavnagar – 364002
Phone: +91-0278-2995027
Email: [email protected]
Website: http://www.devlabtechventure.com/
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