Dev Labtech Venture Ltd |
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| Initial public issue of 22,00,000 equity shares of (Rs)10/- each ("Equity Shares") of Dev Labtech Venture Limited ("DLVL" or the "Company" or the "Issuer") for cash at a price of (Rs)51/- per equity share including a share premium of (Rs)41/- per equity share (the "Issue Price"), aggregating to
(Rs)11.22 croress ("The Issue"), of which upto 1,12,000 equity shares of
(Rs)10/- each for cash at a price of (Rs)51/- per equity share including a share premium of (Rs)41/- per equity share aggregating to (Rs)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 (Rs)10/- each including a share premium of (Rs)51/- per equity share aggregating to (Rs)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 (Rs)10/- and the issue price is
(Rs)51/- the issue price is 5.1 times of the face value.
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| Issue |
Money Payable On |
| Opened On |
Closed On |
Offer Price |
Application Money |
Allotment Money |
| 17-Mar-23 |
21-Mar-23 |
( )51.00 |
( )51.00 |
( )0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
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( Cr) |
Lead Managers to the Issue |
| Project Cost |
10.82 |
| Beeline Capital Advisors Pvt Ltd |
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| Project Financed through Current Offer |
11.22 |
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| Post Issue Equity Share Capital |
8.27 |
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| Face Value |
10 |
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| Issue Price |
( )51.00 |
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