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 Opens On Closes On 17-Mar-23 21-Mar-23 Money Payable On Application Allotment 51.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 10.82 Beeline Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 11.22 Post Issue Equity Share Capital (.Cr) 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 No Data Available