The Dev Accelerator IPO began on 10 September 2025. It will close on 12 September 2025. The Total IPO Size is 143.35 Crores. The company set its IPO price at 61 Rs Per Share.
There are three basic categories in Dev Accelerator IPO Subscription 1) Qualified Institutional Buyers, 2) Non-Institutional Investors 3) Retail.
Dev Accelerator is a flex space operators in terms of operational flex stock in Tier 2 markets.
They comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management.
They have established their presence in both Tier 1 and Tier 2 markets across India, including regions such as Delhi NCR, Hyderabad, Mumbai, Pune, Ahmedabad, Gandhinagar, Indore, Jaipur, Udaipur, Rajkot and Vadodara.
They have over 230 clients and 25 centers across 11 cities in India, with 13,140 seats covering a total area under management of 806,635 square feet.
Dev Accelerator IPO Promoters
Parth Shah, Umesh Uttamchandani, Rushit Shah and Dev Information Technology Limited are Promoters of the company.
Dev Accelerator IPO Date, Details & Price Band
The Dev Accelerator IPO Price Band, IPO Dates, Market lot and other details mentioned in be table below.
| IPO Opening Dates | 10-September-2025 |
| IPO Closing Dates | 12-September-2025 |
| Price | 56-61 Rs |
| Fresh Issue | 143.35 Crores |
| Total IPO size | 143.35 Crores |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 75% |
| HNI Allocation | 15% |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Dev Accelerator IPO Market Lot
The Dev Accelerator IPO minimum market lot is 235 shares with a 14,335 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 235 | 14,335 ₹ |
| Retail Maximum | 13 | 3035 | 1,86,355 ₹ |
| S-HNI Minimum | 14 | 3290 | 2,00,690 ₹ |
| S-HNI Maximum | 69 | 16,215 | 9,89,115 ₹ |
| B-HNI Minimum | 70 | 16,450 | 10,03,450 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-25 | 540.38 | 178.89 | 1.74 |
| 31-Mar-24 | 411.09 | 110.73 | 0.43 |
| 31-Mar-23 | 282.42 | 71.37 | -12.83 |
Dev Accelerator IPO GMP & Grey Market Premium
Dev Accelerator IPO GMP Grey market premium has started today. Check the Latest Dev Accelerator IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Dev Accelerator IPO Prospectus
Dev Accelerator IPO Prospectus is Available on the NSE/BSE and Sebi Website as well as on our Portal. Please click here to download the Dev Accelerator IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Dev Accelerator IPO Allotment Date & Details
| Allotment Date | 15-Sep-2025 |
| Initiation of refunds | 16-Sep-2025 |
| Transfer of shares to Demat accounts | 16-Sep-2025 |
| Listing Date | 17-Sep-2025 |
| Check Allotment Status | Click here |
Registrar of Dev Accelerator
KFIN Technologies Limited
Selenium Tower-B,
Plot No. 31 & 32, Gachibowli,
Financial District, Nanakramguda,
Serilingampally,
Hyderabad – 500032, Telangana
Tel: 040-67162222/18003094001
E-mail: [email protected]
Investor grievance E-mail:[email protected]
Website: www.kfintech.com
Contact person: M. Murali Krishna
SEBI Registration No: INR000000221
Dev Accelerator Contact Details
Dev Accelerator Ltd.
C-01, The First Commercial Complex,
behind Keshavbaug Party Plot,
Vastrapur,
Ahmedabad, Gujarat, 380015
Phone: 7041482004
Email: [email protected]
Website: http://www.devx.work/
Dev Accelerator IPO Lead Managers
Pantomath Capital Advisors Private Limited
Pantomath Nucleus House,
Saki-Vihar Road, Andheri-East,
Mumbai-400072, Maharashtra, India.
Tel.: 1800 889 8711
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.pantomathgroup.com
Contact person: Kaushal Patwa
SEBI Registration No.: INM000012110
