Dev Accelerator IPO
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Dev Accelerator IPO Details
Open Date
Close Date
Allotment Date
Listing Date
Per Lot Price
N/A
Price Range
N/A
Total Issue Size
N/A
Fresh Issue Size
N/A
Face Value
2
Listing at Group
NSE, BSE
Registrar
KFIN Technologies Limited
Lead Manager
Pantomath Capital Advisors Private Limited
Offer For Sale
N/A
Subscription
N/A
About Company
Dev Accelerator are provides office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management.
They are the largest flex space operators in terms of operational flex stock in Tier 2 markets.
As on January 31, 2025, 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.
The flexible workspace solutions provided by us at our Centers are divided in the following segments:
1) Managed office spaces
2) Coworking spaces
3) Design and execution services
4) Payroll management services
5) Facility management services
6) IT/ITes services
Promoter Details
Parth Naimeshbhai Shah, Umesh Satishkumar Uttamchandani, Rushit Shardulkumar Shah, Jaimin Jagdishbhai Shah, Pranav Niranjan Pandya, Amisha Jaimin Shah and Kruti Pranav Pandya are the promoters of the Company.
Quota Details
| Category | Percentage (%) |
|---|---|
| Retail | 10% |
Important Dates Timetable
| Open Date | N / A |
| Close Date | N / A |
| Allotment Date | N / A |
| Initiation of Refunds | N / A |
| Credit of Shares to Demat | N / A |
| Listing Date | N / A |
Objects Of The Issue
1) Capital expenditure for fit-outs in the Proposed Centers.
2) Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of non-convertible debentures issued by our Company (“NCDs”).
3) General corporate purposes.
Company Contact Details
Dev Accelerator Limited
C-01, The First Commercial Complex,
behind Keshavbaug Party Plot,
Vastrapur, Ahmedabad, Gujarat – 380015, India
Phone: 7041482004
Email: [email protected]
Website: http://www.devx.work/
Registrar Details
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
Manager Details
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