Dev Labtech Venture IPO Review Summary

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Dev Labtech Venture IPO Details

IPO Open Mar 17, 2023
IPO Close Mar 21, 2023
IPO Price ₹51
Face Value ₹10
IPO Size ₹11.22 Cr
Listing At BSE SME
Lot Size 2000

Dev Labtech Venture IPO Analysis

ReviewerRecommendationPast Performance
Dilip DavdaMay ApplyDilip Davda past performance

Dev Labtech Venture IPO Review by Members

Dev Labtech Venture IPO Reviews, analysis and views by popular members. Read Dev Labtech Venture Limited IPO reviews by retail investors to find recommended ipo to buy.

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The Price to Earnings is 60 as per the DRHP based on the FY 2022 earnings and I consider this too high a valuation with no listed peers to justify the valuation, also the remuneration drawn by the directors cumulatively is Rs 7/lacs per annum which is totally unjustified.

Mar 21, 2023 12:53:29 PM
CA Sunil


Poor financial aggressively price. Surely not long term stock. Short term depends upon operators. For me clear avoid.

Mar 18, 2023 3:05:33 PM
Anil sme


diamond busines

Mar 17, 2023 2:58:33 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)


High valuation

Mar 17, 2023 9:22:17 AM

Subscribe for Long Term at Upper Price Band

I'm apply hni

Mar 16, 2023 9:57:30 PM


> Valuation is questionable
> Company recently started the lab diamonds growth business, prior to this they were just trading diamonds.( It takes a small room to grow Diamonds, Maybe the Ingrown diamonds are just the decoy for the IPO)
> Cut Throat competition in the diamond market.
> Poor EPS despite being a trading company too

Nutshell- Avoid.
Money saved is Money Earned.

Mar 14, 2023 3:35:49 PM

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