49  Total SME IPOs listed in 2025

2,236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

49  Total SME IPOs listed in 2025

2236.81 Crs.  Total funds raised in 2025

33  SME IPOs listed with Gain in 2025

16  SME IPOs listed with loss in 2025

Dev Labtech Venture Limited IPO (Dev Labtech Venture IPO) Details

Dev Labtech Venture Limited is an Jewellery based company, located in Bhavnagar, Dev Labtech Venture Limited IPO size was 11.22 Cr. and was issued at 51.00 per share. The share of Dev Labtech Venture Limited were listed at 51.00 per share and are currently trading at 59.46 per share.

Type :
Sub Sector : Manufacturing, Marketing And Sourcing Of Diamonds
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
19.32 Cr.

PAT :
1.28 Cr.

Pricing Report

Issue Price :
51.00

Listing Price :
51.00

Current Market Price :
59.46

Issue Price vs CMP :
8.46 (16.59%)

listing Price vs CMP :
8.46 (16.59%)

Performance Report (CAGR* wise)

CAGR : 7.96
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Dev Labtech Venture

Company Information
Dev Labtech Venture is in business of manufacturing, marketing and sourcing of diamonds – natural and lab grown having wide application in Jewellery. They are equipped with all facilities to execute all types of manufacturing activities from rough natural stone to finished polished diamonds and from Seed to finished lab grown diamonds with various sizes, shapes, clarity and colours. The Company was originally incorporated on April 29, 1993 as “Gandhinagar Plastronics Private Limited” under the provisions of the Companies Act, 1956 with the Assistant Registrar of Companies, Gujarat, Dadra & Nagar Haveli. The Name of the company changed from “Gandhinagar Plastronics Private Limited” to “Jay Gems (India) Private Limited” and fresh certificate of incorporation dated February 05, 2010 was issued by Assistant Registrar of Companies,
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Object of Issue
  • To Meet the Capital Expenditure Requirements
  • To Meet Working Capital Requirement
  • General Corporate Purpose
  • To Meet the Issue Expenses

Dev Labtech Venture SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Mar, 2023
IPO Size :
11.22 Cr.
Market Cap :
42.18 Cr.   
IPO Subscription :
5.47 X     
PE Multiple :
32.90
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:
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Peer Companies Of This Sector

FAQs

Dev Labtech Venture operates in Jewellery and Manufacturing, Marketing And Sourcing Of Diamonds. The Issue is listed on BSE SME in Mar, 2023. Dev Labtech Venture IPO size was 11.22 Cr. with Issue price of 51.00 .

Dev Labtech Venture IPO subscription was 5.47 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Dev Labtech Venture IPO listed at a listing price of 51.00 against the offer price of 51.00.

The current market price of Dev Labtech Venture is 59.46.

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