Dev Labtech Venture IPO subscription status started on Friday March 17, 2023 and will close on March 21, 2023. Dev Labtech Venture IPO to raise around ₹11.22 crores via IPO. The retail quota is 50%, and NII is 50%. The price band is fixed at ₹51 per equity share.
The Dev Labtech Venture IPO minimum market lot is 2000 shares with ₹102,000 application amount. The IPO to list on BSE.
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.
IPOWatch View
We recommend investors may apply an IPO with Longterm Views Investors should also look at the NII, and Retail numbers before investing.
Dev Labtech Venture IPO Subscription Status – Closed
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.33 | 0.79 | 2.65 |
| RII | 0.66 | 1.83 | 8.24 |
| Total | 0.49 | 1.31 | 5.47 |
Dev Labtech Venture IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Dev Labtech Venture IPO Review
- May Apply
Dev Labtech Venture IPO Date & Price Band
| 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
| 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 Subscription Dates
| 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 |
Dev Labtech Venture IPO Form
How to apply for the Dev Labtech Venture IPO? You can apply for 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 is you can apply for Dev Labtech Venture IPO via IPO forms downloaded via BSE. Check out the Dev Labtech Venture forms – Click BSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
