MainBoardListed
Dev Accelerator Limited
Company websiteDev Accelerator Limited is launching an IPO sized at ₹2,35,00,000 crore. The raise comprises a fresh issue of ₹2,35,00,000 crore and an OFS of ₹0 crore, together representing roughly 235 shares.
Subscription is open from 10-09-2025 to 12-09-2025. The allotment is expected on 15-09-2025, and listing is targeted for 17-09-2025. Note: fresh issue proceeds typically go to the company while OFS proceeds go to selling shareholders.
Start Date10-09-2025
End Date12-09-2025
Listing Date17-09-2025
Allotment Date15-09-2025
Current Price₹61.30
GMP₹6 (9.84%)
Lot Size235 Shares
Subscription63.97 Times
Face Value₹2 Per Share
Listing atNSE, BSE
Issue Price₹56 - ₹61
Pre Issue₹6,66,87,515
Post Issue₹9,01,87,515
Issue Size₹2,35,00,000
(aggregating up to 143.35 Cr)
(aggregating up to 143.35 Cr)
Fresh Issue₹2,35,00,000
(aggregating up to 143.35 Cr)
(aggregating up to 143.35 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Dev Accelerator Limited is currently around ₹6 (9.84%). This indicates an estimated listing price of approximately ₹62 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
21 Nov 2025, 10:00 | ₹61 | ₹6 | ₹67 (9.84%) |
17 Sep 2025, 04:46 | ₹61 | ₹6 | ₹67 (9.84%) |
16 Sep 2025, 09:31 | ₹61 | ₹2 | ₹63 (3.28%) |
13 Sep 2025, 13:15 | ₹61 | ₹8 | ₹69 (13.11%) |
12 Sep 2025, 11:49 | ₹61 | ₹10 | ₹71 (16.39%) |
11 Sep 2025, 12:01 | ₹61 | ₹7 | ₹68 (11.48%) |
10 Sep 2025, 12:27 | ₹61 | ₹9 | ₹70 (14.75%) |
09 Sep 2025, 09:46 | ₹61 | ₹7.50 | ₹68.50 (12.30%) |
08 Sep 2025, 11:48 | ₹61 | ₹10 | ₹71 (16.39%) |
05 Sep 2025, 11:27 | ₹61 | ₹9 | ₹70 (14.75%) |
04 Sep 2025, 06:06 | ₹61 | ₹0 | ₹61 (0.00%) |
03 Sep 2025, 09:03 | ₹61 | ₹0 | ₹61 (0.00%) |
Financials overview In Crores
Here is a quick look at the recent financial performance of Dev Accelerator Limited . The numbers below ( In Crores ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Mar-25 | Mar-24 |
|---|---|---|
EPS | 0.27 | 0.08 |
ROE | 0 | 0 |
ROCE | 25.95 | 17.31 |
RONW | 3.24 | 1.52 |
PRE IPO(PE) | 0 | 0 |
POST IPO(PE) | 0 | 0 |
Subscription Details (No. of Shares)
The below shows how many shares were subscribed by each investor category in the Dev Accelerator Limited IPO. These numbers help you understand where the demand is coming from – whether it’s retail investors, QIBs, or NIBs. Higher subscription usually indicates strong interest and confidence from the market.
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹42.10 | 854.82 | 20.30 |
FIIs | ₹0 | 289.1 | 0.00 |
FIs | ₹0 | 461.59 | 0.00 |
Mutual Funds | ₹0 | 0.04 | 0.00 |
Others | ₹0 | 104.09 | 0.00 |
RETAIL | ₹14.03 | 2311.61 | 164.76 |
HNIs 2+ | ₹7.02 | 743.94 | 105.97 |
HNIs 10+ | ₹14.03 | 1107.89 | 78.97 |
EMPLOYEES | ₹1 | 17.67 | 17.67 |
Shareholder | ₹2.01 | 94.28 | 46.91 |
Total | ₹80.19 | 5130.21 | 63.98 |
Application Wise Breakup (Approx. no of Apps)
| Category | Reserved | Applied | Times |
|---|---|---|---|
RETAIL | 9,790 | 14,37,893 | 146.87 |
EMPLOYEES | 0 | 9,750 | 0.00 |
HNIs(10L +) | 699 | 10,845 | 15.52 |
HNIs (2-10L) | 350 | 35,771 | 102.20 |
Shareholder | 0 | 14,804 | 0.00 |
Total | 10,839 | 14,84,509 | 136.96 |
The IPO reservation for Dev Accelerator Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
ANCHOR | 44.06% | 1,03,52,925 |
QIB | 29.37% | 69,01,950 |
HNI | 14.69% | 34,50,975 |
RETAIL | 9.79% | 23,00,650 |
Employees | 0.70% | 1,64,500 |
Shareholder | 1.40% | 3,29,000 |
TOTAL | 100.00% | 2,35,00,000 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 235 | ₹14,335 | |
sHNI | 14 | 3,290 | ₹2,00,690 | |
bHNI | 70 | 16,450 | ₹10,03,450 |
Below you can find the official contact details of Dev Accelerator Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: compliance@devx.work
Phone: 7041482004
Website: http://www.devx.work/
Address: C-01, The First Commercial Complex, behind Keshavbaug Party Plot, Vastrapur, Ahmedabad, Gujarat, 380015
IPO Registrar
Name: Kfin Technologies Limited
Phone: +914067162222
Email: reachus@kfintech.com
Website: https://ipostatus.kfintech.com/