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
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Dev Labtech Venture IPO Date & Price

The Dev Labtech Venture IPO opens on Mar 17, 2023 and closes on Mar 21, 2023.

Dev Labtech Venture IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Mar 17, 2023
  • Bid/Offer Closes On: Mar 21, 2023
  • Finalization of Basis of Allotment: Mar 24, 2023
  • Initiation of refunds: Mar 27, 2023
  • Credit of Equity Shares: Mar 28, 2023
  • Listing Date: Mar 29, 2023

Dev Labtech Venture IPO price is set at ₹51 per equity share.

Dev Labtech Venture IPO will close for subscription at 5 PM on Mar 21, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The Dev Labtech Venture IPO starts on Mar 17, 2023. The issue ends on Mar 21, 2023.

Dev Labtech Venture IPO Issue Size and Subscription Status

The Dev Labtech Venture IPO size is 2200000 Equity Shares of ₹10 aggregating up to ₹11.22 Cr.

Dev Labtech Venture Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Dev Labtech Venture IPO shares through the banks (using ASBA) or through the broker (using UPI).

Dev Labtech Venture IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)1,044,000 Shares
Retail Individual Investor (RII)1,044,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size2,088,000 Shares

Dev Labtech Venture IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)2.65 times times
Retail Individual Investor (RII)8.24 times times
Employee Reservations times
Other Reservations times
Total Issue Size5.47 times times

Click here to check the Dev Labtech Venture IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Dev Labtech Venture IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Dev Labtech Venture IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Dev Labtech Venture IPO Allotment and Listing

The Dev Labtech Venture IPO allot status will be available online on Mar 24, 2023. Check the Dev Labtech Venture IPO Allotment Status here.

Click here to check Dev Labtech Venture IPO Allotment Status.

Dev Labtech Venture IPO listing Date is Mar 29, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Dev Labtech Venture IPO listing date and time is published by the exchange in a circular.

Click here to view the Dev Labtech Venture IPO Basis of Allotment.

It is hard to say at what price Dev Labtech Venture IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Dev Labtech Venture IPO shares will list on Mar 29, 2023 at BSE SME.

Dev Labtech Venture IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Dev Labtech Venture IPO which could help you with questions like Dev Labtech Venture IPO buy or not? You should also read Dev Labtech Venture IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Dev Labtech Venture IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Dev Labtech Venture IPO performance. The performance reports are available 1 day after listing.