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IPO SYNOPSIS

Dev Labtech Venture Ltd
Registered Office:
GF/22-23 Pattani Plaza Dairy,Road Near Nilambaug Circle,
Bhavnagar - 364002,
Gujarat, India.
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
No Data Available!!!
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Attention Investors

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2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on
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3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191
dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

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(Issued in the interest of Investors.)

SEBI REGN. (STOCK BROKER) - NSE-CM/FO/CD / BSE-CM/FO/CD / MCX / NCDEX - INZ000004937
SEBI REGN. (DP)IN-DP-558-2021
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