Dev Accelerator IPO
Historical offer record. This offer is closed for applications. Prices and subscriptions describe the past offer; GMP observations are unofficial past records, not current quotes or listing predictions.
Data provider: FinAPI. This is a third-party summary, not an official prospectus. Read our data limitations and editorial policy.
No GMP observations are available for this historical offer record. No premium or listing-gain estimate is shown.
Price band
₹56 – ₹61
Lot size
235 shares
Offer application amount
₹14,335
Issue size
₹143.35 Cr
Historical offer amount for 1 lot at the upper issue price. Confirm the lot size and application terms in the issuer prospectus.
Reported IPO schedule
| Open date | 10 Sept 2025 |
| Close date | 12 Sept 2025 |
| Allotment finalisation | 15 Sept 2025 |
| Refund initiation | 16 Sept 2025 |
| Shares credited to demat | 16 Sept 2025 |
| Reported listing date | 17 Sept 2025 |
Issue size
About Dev Accelerator
DEV Accelerator was established in 2017 and is one of the major flexible workspace providers in Tier 2 cities in India. The company mainly concentrates on building fully managed, custom-built office workspace for businesses. They have established its business presence across 15 different locations. The tier 1 consists of cities like Delhi NCR, Hyderabad, Mumbai, and Pune, whereas Tier 2 cities consist of Ahmedabad, Gandhinagar, Indore, Jaipur, Udaipur, and Vadodara.
Company summary supplied by FinAPI. Read the prospectus for the issuer's disclosures and audited financials.
Use of proceeds
| Capital expenditure for fit-outs in the new Centres and for security deposits of the new Centres. | 73.12 |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of NCDs | 35.00 |
| General corporate purposes | 35.26 |
Offer documents and primary references
Read the issuer's offer document and any corrigenda for the full disclosures. A third-party details page is a summary; SEBI filing access does not imply an endorsement of the offer or this website.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.