Dev Labtech Venture Limited IPO
i. Dev Labtech Venture is in business of manufacturing, marketing and sourcing of diamonds – natural and lab grown having wide application in Jewellery. They are equipped with all facilities to execute all types of manufacturing activities from rough natural stone to finished polished diamonds and from Seed to finished lab grown diamonds with various sizes, shapes, clarity and colours.
ii. The Company has recently started manufacturing of lab grown diamonds before that the company was engaged in processing of natural diamonds only. The Company has developed the skill and expertise with application of computer software and laser technology for mapping, designing, cutting, polishing with innovation & optimum output with less wastage in rough to natural polish diamonds.
iii. Further, they have also developed the In-house technical & Design team to make Laboratory grown diamonds. This technology and process has immense advantage to the company to produce the Lab grown diamonds with more purity & clarity and required sizes and shapes with much cheaper than natural diamonds. With the background and experience in natural diamonds they have developed in-house team with manufacturing facilities new and innovative lab grown diamonds. The technology known as – Microwave Plasma Chemical Vapour Disposition (MPCVD) to make lab grown Diamonds from Diamond Seed. This technology well tested and used in large scale in China. MPCVD is a pure and fast diamond deposition process, hence best suited for commercial uses.
iv. The company has developed the regular clients for supply of diamonds through their own sales team in Bhavnagar, Surat, Mumbai, and for exports. Dev Labtech Venture has established its own distribution and marketing network through e-mails, telephone, attending exhibitions, and connecting through social media platform. With its own network, company has developed the reputation and goodwill for timely supply of material to their reputed customers.
i. Wide Varieties of our products
ii. Experienced Promoters
iii. Customer Satisfaction
Objects of the Dev Labtech Venture Limited IPO:
Dev Labtech Venture Limited IPO Details:
|Open Date:||Mar 17 2023|
|Close Date:||Mar 21 2023|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||11.22 Cr.|
|Lot Size:||2000 Shares|
|Issue Price:||₹ 51 Per Equity Share|
|Listing At:||BSE SME|
|Listing Date:||Mar 29 2023|
Promoters And Management:
Financials of Dev Labtech Venture Limited IPO:
|Particulars ( In Lakhs )||6MFY23||2022||2021||2020|
|Revenue from Operations||940||2685||1223||1178|
|Cost of Material Consumed||341||2486||326||566|
|Purchases of Stock-in-Trade||192||0||502||10|
|Changes in Inventories||132||-156||22||88|
|Employee Benefits Expense||61||130||109||114|
|Depreciation & Amortisation||26||8||10||15|