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

COVER IMAGE FOR IPO ARTICLES 26

Incorporated in 1993, Dev Labtech Venture Limited is a Premier Lab Grown Diamond & Jewellery Manufacturer. The company’s registered office is situated in Bhavnagar, Gujarat and it also operates through its sales offices.

Dev Labtech has recently started the manufacturing of lab-grown diamonds, earlier to this, the entity was engaged in the processing of natural diamonds only. The company has developed expert skills over the years in mapping, designing, cutting, and polishing with innovation & extracting optimum output with less wastage while transforming rough to natural polish diamonds.

Dev Labtech Venture Limited has an in-house technical & Design team to make Laboratory grown diamonds. The company has placed the highest quality checks at every level of the manufacturing processes to ensure the superiority of its products.

The company is striving to expand its product line and offer complementary products to enhance its product portfolio.

Date GMP Kostak Subject To Sauda
06 March 2023₹-₹-₹-

Dev Labtech Venture SME IPO Date & Price Band.

 IPO Open:Mar 17, 2023
 IPO Close:Mar 21, 2023
 IPO Size:11.22 Crores
 Price Band:₹51 per share
 Listing on:BSE SME
 Retail Portion:50% of the Net Issue
 Equity:2,200,000 shares
Face Value: ₹10 per share

Dev Labtech Venture SME IPO Market Lot

The Dev Labtech Venture IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹102,000).

Shares: Minimum 2000 share

Minimum Amount: ₹102,000

Maximum Amount: ₹102,000

Dev Labtech Venture SME IPO Allotment & Listing:

  • Basis of Allotment: Mar 24, 2023
  • Refunds: Mar 27, 2023
  • Credit to Demat accounts: Mar 28, 2023
  • Listing: Mar 29, 2023

Dev Labtech Venture SME IPO Form

You can apply in Dev Labtech Venture IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services

Dev Labtech Venture SME Company Financial Report

Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-20711.231,178.850.04
31-Mar-21713.731,228.113.65
31-Mar-22888.242,698.0143.62

Dev Labtech Venture SME IPO Valuation – FY2023

Earning Per Share (EPS):per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):%
Net Asset Value (NAV):per Equity Share

Peer Group

Company Promoters

  • –  

Dev Labtech Venture SME IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: [email protected]
Websitehttps://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]
Websitehttp://www.devlabtechventure.com/

Quick Links:

 Dev Labtech Venture IPO DRHP

About Dev Labtech Venture SME IPO

Read Also
Dev Labtech Venture SME Allotment Status
Dev Labtech Venture SME IPO Listing Date Dev Labtech Venture SME IPO Subscription (Live)

Objects of the Issue:

  • Financing the expenditure for opening new stores.
  • To repay of short term borrowings.
  • To meet Working Capital requirements.
  • General Corporate Purpose.
  • To meet issue expenses

Dev Labtech Venture SME IPO FAQs

What is Dev Labtech Venture SME IPO Open Date for QIB, NII, and Retail?

Dev Labtech Venture SME IPO will open on Mar 17, 2023

Dev Labtech Venture SME IPO Size?

Dev Labtech Venture IPO size is Approx ₹11.22 Crores

Dev Labtech Venture SME IPO Price Band?

Dev Labtech Venture SME IPO Price Band is ₹51 per share

Dev Labtech Venture SME IPO Minimum Lot Size?

The minimum bid is 2000 Shares with a ₹102,000 Minimum Lot Size.

What is Dev Labtech Venture SME IPO Allotment Date?

Dev Labtech Venture SME IPO allotment date is Mar 24, 2023

What is Dev Labtech Venture Listing date ?

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

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