Dev Accelerator IPO
ListedQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Dev Accelerator IPO Details
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Bidding Date
10-Sep-2025 to
12-Sep-2025 -
Issue Size
₹143.35 Cr
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Price Band
₹56 to ₹61
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Allotment date
15-Sep-2025
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Listing date
17-Sep-2025
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Lot size
235
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No. of shares
2,35,00,000
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Fresh issue/OFS
₹143.35 Cr /--
About Dev Accelerator Company
Dev Accelerator Ltd., established in 2017, began as a limited liability partnership and evolved into a public limited company in 2024, steadily expanding its operations and business segments from managed office solutions to a comprehensive platform offering co-working spaces, bespoke office designs, and asset management services. Known under the brand DevX, the company serves diverse client needs across Tier 1 and Tier 2 cities in India and recently expanded internationally, with a strong client base spanning large corporations, multinationals, and SMEs. Its expertise lies in delivering fully customizable, technology-driven office spaces, facilitated by certified in-house design and execution teams that assure rapid and quality delivery. With ISO certifications for both quality and information security and consistently high occupancy rates, Dev Accelerator’s unique strengths include a flexible engagement model and innovative workspace customization. Through close collaboration with space owners and an integrated approach to client requirements, the company proactively addresses industry challenges such as rapid scaling and changing workspace solutions, ensuring tailored value for each client.
Subscription Status
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Category
Status
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QIBs
20.3x
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NIIs
88x
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Retail
164.4x
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Others
64.5x
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Total
63.9x
FAQs for Dev Accelerator IPO.
What is the issue size of Dev Accelerator IPO?
The issue size of Dev Accelerator is ₹143.35 Cr.
What is the industry of Dev Accelerator?
Dev Accelerator falls into Business Services & Supplies industry.
Where Dev Accelerator IPO will be listed?
The Dev Accelerator IPO will be listed on both NSE and BSE.
What are the open and close dates for the Dev Accelerator IPO?
The open and close dates for the Dev Accelerator are 10-Sep-2025 & 12-Sep-2025.
What are the price band for Dev Accelerator IPO?
The price band for the Dev Accelerator ipo is ₹56 to ₹61
What is the listing date of Dev Accelerator IPO?
The listing date of Dev Accelerator IPO is 17-Sep-2025.
What is the purpose for the Dev Accelerator IPO?
The purpose of this IPO is to raise fresh capital.
How much times Dev Accelerator IPO subscribed?
Dev Accelerator total subscription ratio is 63.9X.
What are the key financials for the Dev Accelerator IPO?
Key financial of the Dev Accelerator are:
| Dev Accelerator | FY-25 | FY-24 | FY-23 |
|---|---|---|---|
| Revenue (₹ Cr) | 158.88 | 108.09 | 69.91 |
| EBIT (₹ Cr) | 28.28 | 19.59 | -0.31 |
| Proft after Tax (₹ Cr) | 1.77 | 0.44 | -12.83 |
| Debt (₹ Cr) | 130.67 | 101.05 | 33.2 |
| Net Worth (₹ Cr) | 54.82 | 28.8 | 1.22 |
| RoE (%) | 3.23 | 1.52 | -1048.2 |