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DEVLABSME / BSEListed
Dev Labtech Venture

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.

₹51 - ₹515.47x sub
Listed Price₹51.00
Listing Gain+0.00%

IPO Schedule & Timeline

Fixed Price IPO
Open17 Mar 2023
Close21 Mar 2023
Allotment24 Mar 2023
Listing29 Mar 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker1,12,000 shares
5.09%
Nii (hni)10,44,000 shares
47.45%
Retail10,44,000 shares
47.45%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,02,000
HNI2 Lots (4,000 shares)
₹2,04,000

Company Promoters

Mr. Jerambhai Lavjibhai DondaMrs. Labhuben Jerambhai DondaMr. Jay Jerambhai Donda

Company Background

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 deve...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹1178.85 Cr
Growth+22.0%
Revenue Trend (₹ in Crores)
0.01.0k2.1k3.1kSep 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20201,178.850.04711.23154.05
Mar 20211,228.113.65713.73177.53
Mar 20222,698.0143.62888.24122.58
Sep 2022966.4364.121,166.65114.52

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
24 Mar 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
29 Mar 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Dev Labtech Venture. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization24 Mar 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date29 Mar 2023Trading commences on exchange

How to Check Dev Labtech Venture Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Dev Labtech Venture from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

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About Dev Labtech Venture IPO

Complete issue overview for Dev Labtech Venture (DEVLAB) IPO. The issue features an equity share price band of ₹51 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,02,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions