Dev Labtech Venture IPO Subscription Status – IPO Closed

Dev Labtech Venture IPO

Table of Contents

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

CategoryDay 1Day 2Day 3
NII0.330.792.65
RII0.661.838.24
Total0.491.315.47

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

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

Dev Labtech Venture IPO Subscription Status FAQs:


When Dev Labtech Venture IPO Subscription will start?

The IPO subscription starts on March 17, 2023 for NII, and Retail Investors.

How to subscribe Dev Labtech Venture IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Dev Labtech Venture IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

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 the Dev Labtech Venture IPO Allotment Date?

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

What is the Dev Labtech Venture IPO Listing Date?

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

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