Dev Labtech Venture IPO GMP, Date, Price, Review, Allotment 2023

Dev Labtech Venture IPO

Table of Contents

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.

DateGMPKostakSubject 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.

ApplicationLot SizeSharesAmount
Retail Minimum12000₹102,000
Retail Maximum12000₹102,000
S-HNI Minimum24000₹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
YearRevenueExpensePAT
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/

Dev Labtech Venture IPO FAQs


What is Dev Labtech Venture IPO?

Dev Labtech Venture IPO is a BSE SME IPO. They are going to raise ₹11.22 Crores via IPO. The issue is priced at ₹51 per equity share. The IPO is to be listed on BSE.

When Dev Labtech Venture IPO will open?

The IPO is to open on March 17, 2023 for NII, and Retail Investors.

What is Dev Labtech Venture IPO Investors Portion?

The investors’ portion for NII is 50%, and Retail is 50%.

How to Apply the Dev Labtech Venture IPO?

You can apply Dev Labtech Venture IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Dev Labtech Venture IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Dev Labtech Venture”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Dev Labtech Venture IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Dev Labtech Venture”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Dev Labtech Venture IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Dev Labtech Venture”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Dev Labtech Venture IPO Size?

Dev Labtech Venture IPO size is ₹11.22 crores.

What is Dev Labtech Venture IPO Price Band?

Dev Labtech Venture IPO Price Band is ₹51 per equity share.

What is Dev Labtech Venture IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹102,000.

What is Dev Labtech Venture IPO Allotment Date?

Dev Labtech Venture IPO allotment date is March 24, 2023.

What is Dev Labtech Venture IPO Listing Date?

Dev Labtech Venture IPO listing date is March 29, 2023. The IPO to list on BSE SME.

Note: The Dev Labtech Venture IPO details are announced officially. The IPO grey market premium (Dev Labtech Venture IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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