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Open
17 Mar 2023
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Close
21 Mar 2023
3
Allotment
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Listing
Wed, Mar 29, 2023
Price Band
₹51 per share
Issue Size
22,00,000 shares (agg. up to ₹11 Cr)
Lot Size
2,000 Shares
Listing Date
Wed, Mar 29, 2023
Latest GMP
₹8
Est. Gain
15.69%
✦ AI Insight
GMP Trend
29-03-2023₹8Est. ₹59+15.69%
28-03-2023₹4Est. ₹55+8.82%
27-03-2023₹11Est. ₹62+21.57%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.34x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2022 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 11.67 | 8.88 | 7.14 | 7.11 |
| Total Income | 9.66 | 26.98 | 12.28 | 11.79 |
| Profit After Tax | 0.64 | 0.44 | 0.04 | 0.00 |
| NET Worth | 7.18 | 1.92 | 1.48 | 1.45 |
| Reserves and Surplus | 2.32 | 0.66 | 1.28 | 1.24 |
| Total Borrowing | 1.15 | 1.23 | 1.78 | 1.54 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| PNGS Gargi Fashion Jewellery Ltd. | SME | ₹7.80 Cr | ₹30 | 6.77 | ₹59.85 | +99.50% | ₹584.85 |
| Veerkrupa Jewellers Ltd. | SME | ₹8.10 Cr | ₹27 | 75 | ₹25.65 | -5.00% | ₹0.50 |
| Eighty Jewellers Ltd. | SME | ₹11.07 Cr | ₹41 | 25.15 | ₹44.10 | +7.56% | ₹42.45 |
| Ethos Ltd. | Mainboard | ₹402.26 Cr | ₹878 | 96 | ₹803.10 | -8.53% | ₹2,744.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet the Capital Expenditure Requirements | 1.54 |
| 2 | To Meet Working Capital Requirement | 7.50 |
| 3 | General Corporate Purpose | 1.78 |
About Dev Labtech Venture IPO
Updated on Aug 5, 2026
Contact Details
Dev Labtech Venture Ltd. AddressGF/22-23, Pattani PlazaDairy RoadNear Nilambaug CircleBhavnagar, Gujarat, 364002+91-0278-2995027info@devlabtechventure.comVisit Website