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graph-market IPO

Dev Labtech Venture Ltd

Registered Office: GF/22-23 Pattani Plaza Dairy,Road Near Nilambaug Circle, Bhavnagar - 364002, Gujarat, India.
Phone : 91-0278-2995027   Fax:
Email :  info@devlabtechventure.com  
Website :  www.devlabtechventure.com

Initial public issue of 22,00,000 equity shares of Rs. 10/- each ("Equity Shares") of Dev Labtech Venture Limited ("DLVL" or the "Company" or the "Issuer") for cash at a price of Rs. 51/- per equity share including a share premium of Rs. 41/- per equity share (the "Issue Price"), aggregating to Rs. 11.22 croress ("The Issue"), of which upto 1,12,000 equity shares of Rs. 10/- each for cash at a price of Rs. 51/- per equity share including a share premium of Rs. 41/- per equity share aggregating to Rs. 0.57 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 20,88,000 equity shares of Rs. 10/- each including a share premium of Rs. 51/- per equity share aggregating to Rs. 10.65 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.60% and 25.24%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is Rs. 51/- the issue price is 5.1 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
17-Mar-23 21-Mar-23 51.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 10.82 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 11.22  
Post Issue Equity Share Capital 8.27  
Issue Price 51.00  

Projects

  • To meet the capital expenditure requiremnts
  • To meet working capital requirement
  • General corporate purposes

Promoted By

Jerambhai Lavjibhai Donda

Labhuben Jerambhai Donda

Jay Jerambhai Donda

Listing At

BSE - SME

Registrar to the Issue

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