Listed Price₹51.00
Listing Gain+0.00%
Price Band₹51
Lot Size2,000 shares
Min Bid₹1,02,000
Subscription5.47x
Listed Market Snapshot
₹51.00Listed price from market data
+0.00%listing gain
Issue Amount
₹11.22 Cr
Listed Price
₹51.00
Current Price
₹21.6
Registrar
Link Intime India Private Limited
Timeline•Fixed Price IPO
Open17 Mar 2023
Close21 Mar 2023
Allotment24 Mar 2023
Listing29 Mar 2023
Quota Reservation Portions
Market MakerPortion: 1,12,000 shares
5.09%Nii (hni)Portion: 10,44,000 shares
47.45%RetailPortion: 10,44,000 shares
47.45%Minimum Application Bracket Matrix
Retail1 lots / 2,000 shares
₹1,02,000HNI2 lots / 4,000 shares
₹2,04,000About the Company
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.
Company Promoters
Mr. Jerambhai Lavjibhai DondaMrs. Labhuben Jerambhai DondaMr. Jay Jerambhai Donda
Lead Managers
Registrar
Link Intime India Private Limited