The IPO date for Dev Labtech Venture has been announced. The IPO will begin on March 17 and end on March 21. Dev Labtech Venture is a BSE SME IPO that will raise 11.22 crores through the IPO. The price band for the Dev Labtech Venture IPO is set at 51, with a market lot of 2000
shares. Dev Labtech Venture Limited is a leading manufacturer, wholesaler, and trader of laboratory grown diamonds and jewellery. The company was founded in 1993 in Bhavnagar, Gujarat. They additionally do business from their sales offices. The firm offers both lab-grown and natural diamonds. They provide beautiful and environmentally responsible diamond jewellery. Loose Polished Diamond, Single Crystal CVD Plates, and Lab Grown Diamond Jewellery are among the products offered by Dev Labtech.
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 |
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 |
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.
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
Dev Labtech Venture IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
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
Company Promoters
- Mr. Jerambhai Lavjibhai Donda
- Mrs. Labhuben Jerambhai Donda
- Mr. Jay Jerambhai Donda
Dev Labtech Venture IPO Lead Managers
- Beeline Capital Advisors Pvt Ltd
Dev Labtech Venture IPO FAQs:
Q1. What is Dev Labtech Venture IPO?
Ans. 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.
Q2. When Dev Labtech Venture IPO will open?
Ans. The IPO is to open on March 17, 2023 for NII, and Retail Investors.
Q3. What is Dev Labtech Venture IPO Investors Portion?
Ans. The investors’ portion for NII is 50%, and Retail is 50%.
Q4. How to Apply the Dev Labtech Venture IPO?
Ans. 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.
Q5. How to Apply the Dev Labtech Venture IPO through Zerodha?
Ans. 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.
Q6. How to Apply the Dev Labtech Venture IPO through Upstox?
Ans. 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.
Q7. How to Apply the Dev Labtech Venture IPO through Paytm Money?
Ans. 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.
Q8. What is Dev Labtech Venture IPO Size?
Ans. Dev Labtech Venture IPO size is ₹11.22 crores.
Q9. What is Dev Labtech Venture IPO Price Band?
Ans. Dev Labtech Venture IPO Price Band is ₹51 per equity share.
Q10. What is Dev Labtech Venture IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 2000 shares with ₹102,000.
Q11. What is Dev Labtech Venture IPO Allotment Date?
Ans. Dev Labtech Venture IPO allotment date is March 24, 2023.
Q12. What is Dev Labtech Venture IPO Listing Date?
Ans. Dev Labtech Venture IPO listing date is March 29, 2023. The IPO to list on BSE SME.
