Dev Labtech Venture Ltd (BSE SME)
March 17, 2023 – March 21, 2023
| Price | ₹51 - ₹51 |
| Premium | ₹4 |
|---|---|
| Lot size | 2000 |
| Allotment | Mar 24, 2023 |
| Listing | Mar 29, 2023 |
Dev Labtech Venture Limited
GF/22-23, Pattani Plaza,
Dairy Road, Near Nilambaug Circle,
Bhavnagar – 364002
Phone: +91-0278-2995027
Email: info@devlabtechventure.com
Website: http://www.devlabtechventure.com/
| Investor Category | Subscription (times) |
|---|---|
| Others | 2.65 |
| Retail Investors | 8.24 |
| Total | 5.47 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 102000 | 0 |
| HNI | 2 | 4000 | 204000 | 0 |
| Issue Size | 2,200,000 shares of ₹10 (aggregating up to ₹11.22 Cr) |
| Fresh Issue | 2,200,000 shares of ₹10 (aggregating up to ₹11.22 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
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.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 711.23 | 1,178.85 | 0.04 | 144.80 | 123.84 | 154.05 |
| 31-Mar-21 | 713.73 | 1,228.11 | 3.65 | 148.45 | 127.50 | 177.53 |
| 31-Mar-22 | 888.24 | 2,698.01 | 43.62 | 192.07 | 66.35 | 122.58 |
| 30-Sep-22 | 1,166.65 | 966.43 | 64.12 | 717.86 | 232.17 | 114.52 |
| Amount in ₹ Lakhs | ||||||