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Dev Labtech Venture SME IPO Details 2023

SME IPO Status: Closed [17th Mar 2023 to 21st Mar 2023]

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Dev Labtech Venture SME IPO Detail

Dev Labtech Venture Limited offers a SME IPO issue size of 2,200,000 equity shares worth Rs 11.22 Cr. The subscription for this SME IPO is opening soon. The face value of the equity share is Rs 10 per share. The issue price for this SME IPO is fixed at Rs 51 per share along with the lot size of 2000 shares and its multiples.

Stay updated with us to know more about the Dev Labtech Venture Limited IPO Review including company overview, financial, live subscription, allotment, GMP, and more.

Dev Labtech Venture SME IPO Details

SME IPO Issue Opening Date: 17th Mar 2023
SME IPO Issue Closing Date: 21st Mar 2023
SME IPO Issue Price: ₹51 Per Share
DRHP: View DRHP
RHP: View RHP
IPO Listing At: BSE SME
Retail Quota: 50% of the Net Issue%
SME IPO Issue Type: Fixed Price Issue
SME IPO Issue Size: ₹11.22 Cr
Fresh Issue: ₹11.22 Cr
Face Value: ₹10 Per Equity Share
SME IPO Discount: TBD
Promoter Holding Pre IPO: 92.66%
Promoter Holding Post IPO: 68.01%

IPO Live GMP IPO Live GMP

Dev Labtech Venture SME IPO Important Dates

In this section we have covered all important dates related to Dev Labtech Venture SME IPO. Dates are updated as they are announced. The most noted dates are SME IPO start date and SME IPO end date, which one should use to participate in SME IPO.

Dev Labtech Venture SME IPO important dates
SME IPO Activity Date
Basis of Allotment Date* 24th Mar 2023
Refunds Initiation* 27th Mar 2023
Credit of Shares to Demat* 28th Mar 2023
SME IPO Listing Date* 29th Mar 2023

* - Tentative Dates

Dev Labtech Venture SME IPO Lots

SME IPO Activity Date
Issue Price ₹51
Market Lot: 2000 Shares
1 Lot Amount: ₹102000
Min Small HNI Lots(2-10 Lakh): 4000 shares (2 lots)
Min Big HNI Lots(10+ Lakh): 20000 shares (10 lots)
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  • About Company - Dev Labtech Venture

    This company was originally incorporated on 29 April 1993 as “Gadhinagar Plastronics Private Limited”, further the name of the company was changed to “Dev Labtech Venture Private Limited” in Sept 2022. It is in business of manufacturing, marketing and sourcing of diamonds – natural and lab grown having wide application in Jewellery. They are 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.

    Dev Labtech Company has recently started manufacturing of lab grown diamonds before that this company was engaged in processing of natural diamonds only. This Company has developed the skill and expertise with application of computer software and laser technology for mapping, designing, cutting, polishing with innovation & optimum output with less wastage in rough to natural polish diamonds.

    They have also developed the In-house technical & Design team to make Laboratory grown diamonds. This technology and process has immense advantage to its company to produce the Lab grown diamonds with more purity & clarity and required sizes and shapes with much cheaper than natural diamonds. With the background and experience in natural diamonds they have developed in-house team with manufacturing facilities new and innovative lab grown diamonds. The technology known as Microwave Plasma Chemical Vapour Disposition (MPCVD) to make lab grown Diamonds from Diamond Seed. This technology well tested and used in large scale in China. MPCVD is a pure and fast diamond deposition process, hence best suited for commercial uses.

    Dev Labtech Venture SME IPO Strengths

    • Wide Varieties of their products
    • Experienced Promoters
    • Customer Satisfaction
    • Well-trained employee base
    • Well established relationship with its supplier
    • Integrated manufacturing facility
    Incorporation Sector IPO Issue Size Website
    1993 Jewellery Industry ₹11.22 Cr http://www.devlabtechventure.com/

    Dev Labtech Venture SME IPO Objective

    The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

    1. To Meet the Capital Expenditure Requirements
    2. To Meet Working Capital Requirement
    3. General Corporate Purpose
    4. To Meet the Issue Expenses

    Request call back from Zerodha

    Dev Labtech Venture SME IPO Live Subscription (NSE + BSE)

    The table below is live update of SME IPO bidding details from NSE and BSE.

    • Non-Institutional Investors: 1,044,000 Shares
    • Retail Individual Investor: 1,044,000 Shares
    IPO Bidding Live Updates from BSE + NSE
    Day NIIRIITotal
     # of Shares Offered1,044,000 (50%)1,044,000 (50%)2,088,000
    117th Mar 2023 19:040.33x0.66x0.49x
    220th Mar 2023 19:040.79x1.83x1.31x
    321st Mar 2023 19:042.65x8.24x5.47x

    Dev Labtech Venture Financials for past 3 Years

    Past performance and financial results of Dev Labtech Venture.

    Dev Labtech Venture Limited Financial Information (Restated)
    Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
    31-Mar-20711.231,178.850.04144.80123.84154.05
    31-Mar-21713.731,228.113.65148.45127.50177.53
    31-Mar-22888.242,698.0143.62192.0766.35122.58
    30-Sep-221,166.65966.4364.12717.86232.17114.52
    Amount in ? Lakhs

    Company Address

    Dev Labtech Venture Limited
    GF/22-23, Pattani Plaza, Dairy Road, Near Nilambaug Circle
    Bhavnagar,Gujarat-364002
    India
    Website: http://www.devlabtechventure.com/
    Phone: +91-0278-2995027
    Email: [email protected]

    Dev Labtech Venture SME IPO Registrar

    Link Intime India Private Ltd
    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Website: https://linkintime.co.in/
    Phone: +91-22-4918 6270
    Email: [email protected]

    Dev Labtech Venture SME IPO Lead Manager

    1. Beeline Capital Advisors Pvt Ltd
    Dev Labtech Venture SME IPO Important dates - Issue Open Date, close Date, SME IPO Listing Date. SME IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, SME IPO Listing date. What is the issue open date and close date for Dev Labtech Venture? Should I apply in Dev Labtech Venture SME IPO?

    Last Updated on 2023-03-26T09:00:10+00:00

    FAQs

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Dev Labtech Venture SME IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Dev Labtech Venture SME IPO with Zerodha.

    Alternate approch to apply in Dev Labtech Venture SME IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Dev Labtech Venture SME IPO Review and Important Updates

    Other relevant questions :

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    Apply in Dev Labtech Venture SME IPO online

    To subscribe or apply in Dev Labtech Venture SME IPO, you can use the following methods:

    Dev Labtech Venture SME IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Dev Labtech Venture SME IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Dev Labtech Venture SME IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Dev Labtech Venture SME IPO. Most of the Syndicate Banks provide access to apply in Dev Labtech Venture IPO via ASBA process. You must have your net banking access, DP ID information to apply in Dev Labtech Venture SME IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Dev Labtech Venture SME IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Dev Labtech Venture SME IPO Review and Important Updates

    Other relevant question on same topics are:

    Where to subscribe Dev Labtech Venture SME IPO? Where to apply for Dev Labtech Venture SME IPO? How to subscribe Dev Labtech Venture SME IPO online? Dev Labtech Venture SME IPO where to apply? Where to buy Dev Labtech Venture SME IPO online? How to buy Dev Labtech Venture SME IPO online? How to purchase Dev Labtech Venture SME IPO? How to get Dev Labtech Venture SME IPO? How to book Dev Labtech Venture SME IPO? How to invest Dev Labtech Venture SME IPO? Dev Labtech Venture SME IPO kaise buy kare?

     

    Dev Labtech Venture SME IPO Application is not yet available.

     

    Dev Labtech Venture SME IPO is going to be list on 29-03-2023. NSE Code for Dev Labtech Venture is . BSE Code for Dev Labtech Venture is .

    Other relevant questions:

    When Dev Labtech Venture SME IPO will be listing? Dev Labtech Venture SME IPO NSE listing date?Dev Labtech Venture SME IPO date of listing.Dev Labtech Venture SME IPO BSE listing date?

     

    Dev Labtech Venture SME IPO Allotment Date is 24-03-2023.

    Other relevant questions:

    Dev Labtech Venture SME IPO share allotment date?Dev Labtech Venture SME IPO allotment date?

     


    User Reviews

    avatar
    7. manish malhotra Mar 14 2023 12:45:48 PM Reply
    dev lebtech venture limited sme ipo good grey markit
    avatar
    6. st Mar 14 2023 12:43:19 PM Reply
    very niche dev
    avatar
    5. NIKITA MOURYA  Mar 13 2023 02:30:10 AM Reply
    Dev Labtech Venture SME IPO expected listing gain.
    avatar
    4. NAVEEN PRABHU Mar 13 2023 02:30:10 AM Reply
    Please confirm Dev Labtech Venture SME IPO GMP (grey market premium) and kostak.
    avatar
    3. Arulkumar S Mar 13 2023 02:30:10 AM Reply
    Dev Labtech Venture SME IPO good or bad.
    avatar
    2. Neal Mar 13 2023 02:30:10 AM Reply
    Dev Labtech Venture SME IPO whether to invest or not.
    avatar
    1. Kishan Behl Mar 13 2023 02:30:10 AM Reply
    Dev Labtech Venture SME IPO - CRISIL Rating, Apply or not?.