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Dev Labtech Venture Ltd IPO
BSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹51
Issue Price
₹51
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹51
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹102,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
17 Mar 2023
Fri Completed
Done
Close Date
21 Mar 2023
Tue Completed
Done
Allotment
24 Mar 2023
Fri Completed
Done
Refund
27 Mar 2023
Mon Completed
Done
Demat Credit
28 Mar 2023
Tue Completed
Done
Listing Date
29 Mar 2023
Wed Completed
UPI Deadline: 21 Mar 2023
Issue Details
Pricing & Size
Issue Price
₹51 Face ₹10
Lot Size
2,000 shares
Min Investment
₹102,000
Total Issue Size
22,00,000 shares (aggregating up to ₹11.22 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,12,000 (5.09%)
QIB Portion
-
NII / HNI
10,44,000 (47.45%)
Retail
10,44,000 (47.45%)
Employee
-
Net Offer to Public
20,88,000 shares (aggregating up to ₹10.65 Cr)20,88,000 shares (aggregating up to ₹10.65 Cr)
Shareholding Pattern
Pre-Issue Shareholding
60,71,139 shares
Post-Issue Shareholding
82,71,139 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,02,000
HNI / NII 2 4,000 ₹2,04,000
Objects of Issue
3 objectives
1
To Meet the Capital Expenditure Requirements
1.54 Cr
2
To Meet Working Capital Requirement
7.50 Cr
3
General Corporate Purpose
1.78 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
Market Maker
Sunflower Broking Pvt.Ltd
IPO Timeline
Open
17 Mar
✓ Done
Close
21 Mar
✓ Done
Allotment
24 Mar
✓ Done
Listing
29 Mar
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
devlabtech.ipo@linkintime.co.in
Company Contact
Email
info@devlabtechventure.com
Phone
+91-0278-2995027
Address
GF/22-23, Pattani Plaza, Dairy Road, Near Nilambaug Circle, Bhavnagar, Gujarat, 364002
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹51
Est. Listing
₹51
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Dev Labtech Venture Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹51
GMP
+₹0 (+0%)
GMP Est. Listing
₹51
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 10,44,000 (47.45%) ₹532.44 Cr
Retail Investors 10,44,000 (47.45%) ₹532.44 Cr
Total ** 22,00,000 (100.00%) ₹11,220.00 Cr
Market Maker * 1,12,000 (5.09%) ₹5.71 Cr
* Based on ₹51.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
10,44,000 (47.45%)
Retail
10,44,000 (47.45%)
Market Maker
1,12,000 (5.09%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30-Sep-2231-Mar-2231-Mar-21
Revenue966.432698.011228.11
PAT64.1243.623.65
EBITDA
Net Worth717.86192.07148.45
Total Assets1166.65888.24713.73
Reserves232.1766.35127.50
Borrowings114.52122.58177.53
Key Financial Ratios
32.9
Pre P/E
P/E Pre-Issue
About Dev Labtech Venture Ltd

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.

Frequently Asked Questions
What is the issue price of Dev Labtech Venture Ltd IPO?
The issue price of Dev Labtech Venture Ltd IPO is ₹51 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹102,000.
What are the IPO dates?
Opens 17 Mar 2023, closes 21 Mar 2023.
When is the listing date?
Tentative listing: 29 Mar 2023 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹51 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Dev Labtech Venture Ltd IPO · Expected 24 Mar 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
24 Mar 2023
Refund Initiation
27 Mar 2023
Demat Credit
28 Mar 2023
Listing Date
29 Mar 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹51
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹102,000
1 lot
Est. Listing
₹51
GMP +₹0
Key Dates
Open
17 Mar Done
Close
21 Mar Done
Listing
29 Mar Done
Registrar
MUFG Intime India Pvt.Ltd.
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