Dev Labtech Venture IPO subscription is to open on Mar 17, 2023 and will close on Mar 21, 2023, the price band of the Dev Labtech Venture IPO is fixed at ₹ 51. Dev Labtech Venture is in business of manufacturing, marketing and sourcing of diamonds – natural and lab grown having wide application in Jewellery.
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About Dev Labtech Venture
Dev Labtech Venture is in business of manufacturing, marketing and sourcing of diamonds – natural and lab grown having wide application in Jewellery. Dev Labtech Venture is equipped with all facilities to execute all types of manufacturing activities from rough natural stone to finished polished diamonds and from Seed to finished lab grown diamonds with various sizes, shapes, clarity and colours.
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 Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 888.24 | 713.73 | 711.23 |
| Total income | 2,698.01 | 1,228.11 | 1,178.85 |
| Total Expenses | 2,652.38 | 1,222.65 | 1,174.19 |
| Profit After Tax | 43.62 | 3.65 | 0.04 |
Dev Labtech Venture IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 22,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 1122 Lakhs) |
| Issue Open Date | 17-Mar-23 |
| Issue Close Date | 21-Mar-23 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 51 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | DLVL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Dev Labtech Venture IPO DRHP & RHP
Dev Labtech Venture IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | ₹ 102,000 |
| Maximum | 1 | 2000 | ₹ 102,000 |
Dev Labtech Venture IPO Lead Managers
- Beeline Capital Advisors Private Limited
Dev Labtech Venture IPO Registrar
Dev Labtech Venture IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 17-Mar-23 |
| Bid / Offer Closes on | 21-Mar-23 |
| Finalisation of Basis of Allotment | 24-Mar-23 |
| Initiation of refunds | 27-Mar-23 |
| Credit of the Equity Shares | 28-Mar-23 |
| Listing Date | 29-Mar-23 |
Company Registered Office
GF/22-23, Pattani Plaza,
Dairy Road, Near Nilambaug Circle,
Bhavnagar – 364002,
Gujarat, India
Website: www.devlabtechventure.com
Company Promoters
- Mr. Jerambhai Lavjibhai Donda,
- Mrs. Labhuben Jerambhai Donda
- Mr. Jay Jerambhai Donda
Dev Labtech Venture IPO – FAQS
What is the Dev Labtech Venture IPO Price?
The Dev Labtech Venture IPO price band is Rs.51 per share
When Dev Labtech Venture IPO will open?
The Dev Labtech Venture IPO opens on Mar 17, 2023 and closes on Mar 21, 2023
What is the lot size of Dev Labtech Venture IPO?
The Dev Labtech Venture IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares
Who is the Registrar for Dev Labtech Venture IPO?
The Registrar for Dev Labtech Venture IPO is Link Intime India Private Limited
How to apply in Dev Labtech Venture IPO through UPI?
Check the step by step process here – Click here
How to apply in Dev Labtech Venture IPO through Zerodha?
Check the step by step process here – Click here
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