Dev Labtech Venture IPO Subscription Details

Fixed Price IPO | ₹11 Cr | Listed at BSE SME | Fri, Mar 17, 2023 - Tue, Mar 21, 2023

Basis of Allotment - Dev Labtech Venture IPO

Details NII Retail Total
Allocation (No. of shares)10,44,00010,44,00020,88,000
Allotment price (Rs.)515151
No.of applications3094,2414,550
No.of shares applied26,76,00084,82,0001,11,58,000
Amount collected (Rs.cr.)13.65 43.26 56.91
No.of times subscribed2.568.125.34
No.of shares allotted5,00,00015,88,00020,88,000
Amount (Rs.cr.)2.55 8.10 10.65
No.of allottees176794970

IPO Shares Offered

Dev Labtech Venture IPO is a public issue of 0.21 Cr equity shares. The issue offers 0.10 Cr shares to retail investors , 0.10 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,12,0000.57 5.09%
Other 10,44,0005.32 47.45%
Retail10,44,0005.32 47.45%
Total22,00,00011.22 100%

IPO Subscription FAQs

The Dev Labtech Venture IPO is subscribed 5.47 times by Mar 21, 2023 19:02.

Dev Labtech Venture IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional2.65
Retail Individual8.24
Total Subscription5.47

Retail category of Dev Labtech Venture IPO subscribed 8.24 times as of date Mar 21, 2023 19:02. The public issue closes on Tue, Mar 21, 2023 for bidding.

An investor can apply in Dev Labtech Venture IPO online via bank (using ASBA) or the broker (using UPI). The Dev Labtech Venture IPO shares are offered online only.

The Dev Labtech Venture IPO is subscribed 5.47 times by Mar 21, 2023 19:02.

The Dev Labtech Venture IPO allotment status is expected on or around Friday, March 24, 2023. Visit Dev Labtech Venture IPO allotment status to check.

The Dev Labtech Venture IPO listing date is March 29, 2023. The equity share of Dev Labtech Venture IPO will list on BSE SME.

Visit Dev Labtech Venture IPO subscription status page for real-time bidding information about Dev Labtech Venture IPO.

Dev Labtech Venture IPO Timetable

IPO opens OnFriday, March 17, 2023
IPO Closes OnTuesday, March 21, 2023
Finalisation of Basis of AllotmentFriday, March 24, 2023
Initiation of RefundsMonday, March 27, 2023
Credit of Shares to Demat AccountTuesday, March 28, 2023
IPO Listing DateWednesday, March 29, 2023
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