Dev Accelerator IPO GMP, Open Date, Price Band, Issue Size

  • 05-Sep-2025
  • 2 mins read
Dev Accelerator IPO GMP, Open Date, Price Band, Issue Size

Dev Accelerator IPO GMP, Open Date, Price Band, Issue Size

Dev Accelerator IPO open date is September 10, 2025, and the closing date is September 12, 2025. This new IPO is a book-built issue of 2,35,00,000 equity shares worth up to Rs 143.35 crores. The issue is entirely a fresh issue of 2.35 crore shares worth up to Rs 143.35 crore.

Dev Accelerator IPO price band is Rs 56 to Rs 61 per share. As of now, the Dev Accelerator IPO GMP has not started yet. Live IPO Grey Market Premium details will be available online. However, the Dev Accelerator IPO DRHP was filed on September 30, 2024, with SEBI.

Dev Accelerator IPO allotment status is available on Monday, September 15, 2025. Dev Accelerator IPO lot size is 235 shares. The minimum investment for retail investors for one lot is Rs 14,335. The registrar for the Dev Accelerator IPO is Kfin Technologies Ltd. Dev Accelerator IPO listing date is September 17, 2025.

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Dev Accelerator IPO GMP

The Dev Accelerator IPO GMP is 0. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then the Dev Accelerator IPO GMP may rise.

Dev Accelerator IPO Open Date, Close Date

Dev Accelerator IPO open date is September 10, 2025, and the IPO close date is September 12, 2025. The initiation of the refund date is September 16, 2025, and the credit of shares will be on September 16, 2025.

Dev Accelerator IPO Price Band

Dev Accelerator IPO price band is Rs 56 to Rs 61 per share. The minimum amount of investment for the retail category is Rs 14,335, and for small HNI, the minimum investment is Rs 2,00,690. The minimum investment for the Big HNI is Rs 10,03,450.

Dev Accelerator IPO Allotment Status

Dev Accelerator IPO allotment status is available on September 15, 2025. The Listing will be on the BSE and NSE platforms on September 17, 2025. The registrar of this IPO is Kfin Technologies Ltd. Investors can check their allotment status after the subscription of the IPO ends.

Dev Accelerator IPO Listing Date

Dev Accelerator IPO’s listing date is September 17, 2025. The Listing will be on the BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Dev Accelerator IPO: Listing Date, Lot Size, Price Band

IPO Date

September 10, 2025 to September 12, 2025

Listing Date

September 17, 2025

Face Value

Rs 2 per share

Issue Price Band

Rs 56 to Rs 61 per share

Lot Size

235 Shares

Total Issue Size

2,35,00,000 shares

(aggregating up to ₹143.35 Cr)

Fresh Issue

2,35,00,000 shares
(aggregating up to ₹143.35 Cr)

Offer for Sale

Nil

Issue Type

Book-built IPO

Listing At

BSE, NSE

Share Holding Pre-Issue

6,66,87,515 shares

Share Holding Post Issue

9,01,87,515 shares

Dev Accelerator Ltd. About the Company

Dev Accelerator IPO GMP, Price, Allotment, Profit Estimate 2025 - IPO  Central

Dev Accelerator Ltd. was established in 2017 and has quickly become a key provider of flexible workspace solutions across India. Specializing in managed office spaces and coworking environments, the company operates 25 centres in 11 cities, managing over 806,635 square feet and serving more than 230 clients as of August 2024. Dev Accelerator’s integrated service platform covers the entire process—sourcing, customizing, and developing offices, as well as technology implementation and complete asset management. With a focus on Tier 2 cities such as Ahmedabad, Indore, Jaipur, and Vadodara, the company has achieved high occupancy rates, consistently above 85%. Their continuous growth is reflected in a revenue increase from ₹69.91 crore in FY23 to ₹158.87 crore in FY25. Certified for quality (ISO 9001:2015) and information security (ISO 27001:2022), Dev Accelerator delivers scalable, customizable workspaces designed for evolving business needs.

Dev Accelerator IPO Objectives

Dev Accelerator intends to utilize the net proceeds from its IPO primarily towards repayment and/ or pre-payment, in full or in part, of certain outstanding borrowings availed by the company and general corporate purposes.

Dev Accelerator IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Wed, Sep 10, 2025

IPO Close Date

Fri, Sep 12, 2025

Allotment Status

Mon, Sep 15, 2025

Initiation of Refunds

Tue, Sep 16, 2025

Credit of Shares to Demat

Tue, Sep 16, 2025

Listing Date

Wed, Sep 17, 2025

Cut-off time for UPI mandate confirmation

5 PM on September 12, 2025

Dev Accelerator IPO Lot Size Details

Dev Accelerator IPO lot size is 235 equity shares in 1 lot. For retail, the minimum lot size is one lot, amounting to Rs 14,335. For small HNIs, the minimum amount is Rs 2,00,690.

Dev Accelerator IPO Promoter Holdings

Dev Accelerator IPO promoters are Parth Shah, Umesh Uttamchandani, Rushit Shah and Dev Information Technology Limited. The promoters’ shareholdings before the IPO were 49.80% however, after the IPO, shareholdings 36.80%.

Dev Accelerator IPO: Company Financials

Period Ended

31 Mar 2025

31 Mar 2024

31 Mar 2023

Assets

540.38

411.09

282.42

Total Income

178.89

110.73

71.37

Profit After Tax

1.74

0.43

-12.83

EBITDA

80.46

64.74

29.88

Net Worth

54.79

28.79

1.22

Total Borrowing

130.67

101.05

33.20

Dev Accelerator IPO Registrar

Dev Accelerator IPO registrar is Kfin Technologies Ltd. On the date of allotment, investors can click on the registrar’s website, select the name of the company, and enter their PAN number or application ID to check their allotment status.

How to apply for the Dev Accelerator IPO

Interested investors can apply to the Dev Accelerator IPO directly from the Bigul trading app. You can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Dev Accelerator IPO FAQ

1. What are the details of the Dev Accelerator IPO?

Dev Accelerator IPO is a book-built issue of 2,35,00,000 equity shares worth up to Rs 143.35 crores. This upcoming IPO is offering entirely as a fresh issue; there is no offer for sale part included in this IPO.

2. What are the Dev Accelerator IPO open date and closing date?

Dev Accelerator IPO open date is September 10, 2025, and the closing date is September 12, 2025. Dev Accelerator IPO listing date is September 17, 2025, and allotment status will be available on September 15, 2025.

3. What is the Dev Accelerator IPO GMP?

The Dev Accelerator IPO GMP is 0. You can check the latest GMP price online and the reliable GMP from the first day of your subscription. If the subscription gets oversubscribed, then the Dev Accelerator IPO GMP may rise.

4. Write the details of the IPO Allotment Status.

Dev Accelerator IPO allotment status date is September 15, 2025. The Listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Ltd. Investors can check their allotment status after the subscription of the IPO ends.

5. Who are the registrar and lead managers for the Dev Accelerator IPO?

Dev Accelerator IPO registrar is Kfin Technologies Ltd. On the date of allotment, investors can click on the registrar’s website, select the name of the company, and enter their PAN number or application ID to check their allotment status. The lead manager of the Dev Accelerator IPO is Pantomath Capital Advisors Pvt.Ltd.

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