Dev Accelerator Limited
₹14,335(235 Shares)
Minimum Investment
IPO Dates
Sep 10, 2025 – Sep 12, 2025
Price Band
₹56–61 per equity share
Lot Size
235
Listing
Sep 17, 2025
Listing At
BSE, NSE
Dev Accelerator Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
63.97x
Dev Accelerator Limited IPO Issue Details
- Issue Price
- ₹56-61 Per Equity Share
- Face Value
- ₹2 Per Equity Share
- Fresh Share
- 2,35,00,000 shares(aggregating up to ₹143.35 crore)
- Listing At
- BSE, NSE
- Listing Date
- Sep 17, 2025
- Registrar
- Kfin Technologies Limited
Market Lot Details
Reservation Details
Shares Offered
34,50,975
Shares Offered
69,01,950
Shares Offered
1,03,52,925
Company Information
Founded in 2017, Dev Accelerator Limited, popularly referred to as DevX, offers agile office space, including coworking areas. The firm has grown to have a presence in 15 centers in India, covering pr...
Valuations
EPS (Pre-IPO)
0.26
EPS (Post-IPO)
0.19
P/E (Pre-IPO)
233.25
P/E (Post-IPO)
315.45
RoNW
3.24%
PAT Margin
1.00%
P/B Value
7.94
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Capital expenditure for fit-outs in the new Centres and for security deposits of the new Centres.
- 2Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of NCDs
- 3General corporate purposes.
Dev Accelerator Limited – Promoter(s)
Contact Details
Corporate Office
C-01, The First Commercial Complex, behind Keshavbaug Party Plot, Vastrapur, Ahmedabad, Gujarat, 380015
Dev Accelerator Limited Allotment & Registrar Details
Check AllotmentKfin Technologies Limited
Dev Accelerator Limited IPO Documents
Frequently Asked Questions — Dev Accelerator Limited IPO
The Dev Accelerator Limited IPO price band is set at ₹56.00 to ₹61.00 per equity share.
The lot size for Dev Accelerator Limited IPO is 235 shares per lot. The minimum investment amount is approximately ₹14,335.
The Dev Accelerator Limited IPO opens on Sep 10, 2025 and closes on Sep 12, 2025.
Dev Accelerator Limited IPO is expected to be listed on Sep 17, 2025 on BSE, NSE.
The current GMP for Dev Accelerator Limited IPO is ₹1, suggesting an expected listing price of around ₹57.00. Note: GMP is an unofficial market indicator.
The registrar for Dev Accelerator Limited IPO is Kfin Technologies Limited. You can contact them at dal.ipo@kfintech.com.
