Dev Labtech Venture Limited
Fixed Price IPO · BSE
- Price band
- ₹51 - ₹51
- Lot size
- 2,000 shares
- Issue amount
- ₹11.22 cr
- Total subscription
- 5.47×
- Opens
- 17 Mar 2023
- Closes
- 21 Mar 2023
- Allotment
- 24 Mar 2023
- Listing
- 29 Mar 2023
Offer at a glance
Issue overview
- Issue size
- 22,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,02,000
- Fresh issue
- ₹11.22 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,02,000
- Issue type
- Fixed Price IPO
- Shares before issue
- 60,71,139
- Shares after issue
- 82,71,139
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,02,000 |
| HNI | 2 | 4,000 | ₹2,04,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Incorporated in 1993, Dev Labtech Venture Limited is a premier manufacturer of lab-grown diamonds and jewelry. Headquartered in Bhavnagar, Gujarat, the company also operates through its sales offices. Initially focused on processing natural diamonds, Dev Labtech has recently expanded into manufacturing lab-grown diamonds. Over the years, the company has developed expertise in mapping, designing, cutting, and polishing, ensuring optimal output with minimal wastage. With an in-house technical and design team, the company maintains stringent quality checks at every stage of production to ensure superior products. Dev Labtech continues to expand its product line, striving to offer complementary products to enhance its portfolio.
Promoters
Mr. Jerambhai Lavjibhai Donda
Mrs. Labhuben Jerambhai Donda
Mr. Jay Jerambhai Donda
Read the latest IPO market update.
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
GF/22-23, Pattani Plaza, Dairy Road, Near Nilambaug Circle, Bhavnagar – 364002
+91-0278-2995027
[email protected]Company website ↗Understanding DEVLAB IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.