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IPO

IPO Details


Dev Accelerator Ltd
Registered Office: No. C-01 The First Commercial-, Complex Vastrapur, Ahmedabad - 380015, Gujarat
Phone: 70414 82004
Email: compliance@devx.work
Website: www.devx.work
Initial public offering of 23,500,000 equity shares of face value of Rs. 2/- each ("equity shares") of Dev Accelerator Limited ("company" or "issuer") for cash at a price of Rs. 61/- per equity share (including a share premium of Rs. 59/- per equity share) ("issue price") aggregating to Rs. 143.35 crores ( "issue") comprising a fresh issue of 23,500,000 equity shares by the company aggregating to Rs.14.34 crores ( "fresh issue").
Issue Money Payable On
Opens On Closes On Application Allotment
10-Sep-2025 12-Sep-2025 ₹ 61.00 ₹ 0.00
Minimum Application for shares in Nos : 235.0 Further Multiples of : 235.0
(₹)Cr. Lead Managers to the Issue
Project Cost 127.38 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 143.35
Post Issue Equity Share Capital 18.04
Issue Price ₹61.00
Projects
Capital exp for fit outs in the new Centres and for security deposits of the new Centres
Repayment and /or pre-payment in full or part of certain borrowings availed by the company including redemption of NCDs
General corporate purposes
Promoted By
Parth Naimeshbhai Shah
Rushit Shardulkumar Shah
Umesh Satishkumar Uttamchandan
Listing At
BSE
NSE
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

81,785.74 -118.96 (-0.15%)

Nifty

25,069.20 -44.80 (-0.18%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,446.57 58.40(0.22%)