| 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  10/- each ("Equity Shares") of Dev Labtech Venture Limited ("DLVL" or the "Company" or the "Issuer") for cash at a price of 51/- per equity share including a share premium of 41/- per equity share (the "Issue Price"), aggregating to
11.22 croress ("The Issue"), of which upto 1,12,000 equity shares of
10/- each for cash at a price of 51/- per equity share including a share premium of 41/- per equity share aggregating to 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 10/- each including a share premium of 51/- per equity share aggregating to 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 10/- and the issue price is
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 |
Rs51.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
RsCr |
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 |
Rs51.00 |
|
|