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Dev Accelerator IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 143.35 Cr. The company is based in Ahmedabad and caters to Corporate Solutions sector. Pantomath Capital Advisors is the merchant banker of Dev Accelerator IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th March 2025. Dev Accelerator IPO open date is 10th September 2025 and close date is 12th September 2025. IPO Allotment Date is 15th September 2025 and Listing date is 17th September 2025.
IPO
Size:
₹ 143.35 Cr.
Avg IPO Size (Sector Based)
: ₹
658.25 cr.
Sector: Corporate Solutions
IPO so far:
17
Merchant Banker:
Pantomath Capital
IPO by BRLM so far:
14
City:
Ahmedabad
IPO so far:
36
Revenue (annualised):
₹
158.87
cr. 
PE
Ratio:
315.45x
Average Sector PE Ratio: 20.56x
Dev Accelerator IPO size is ₹ 143.35 Cr. with IPO price of ₹ 61.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
| Particulars | Amount |
|---|---|
| Capital expenditure for fit-outs in the Proposed Centers | 73 |
| Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of non-convertible debentures | 35 |
| General corporate purposes | [●] |
| Total Net Proceeds | [●] |
Pantomath Capital Advisors Private Limited is the book-running lead manager of the Dev Accelerator IPO. Kfin Technologies Limited is the Registrar for Dev Accelerator IPO.
Dev Accelerator IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Dev Accelerator IPO, based in Ahmedabad, operates in the Corporate Solutions sector with a focus on Largest flex space operators. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Dev Accelerator IPO size is ₹ 143.35 Cr. with fresh issue size of ₹ 143 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Dev Accelerator IPO is expected to be 15th September 2025, after the finalization of basis of allotment. Investors can check Dev Accelerator IPO allotment status on the registrars website, Kfin Technologies Limited . Dev Accelerator IPO refund dates are 16th September 2025.
Dev Accelerator IPO is expected to be listed on 17th September 2025.
The upper price band for the Dev Accelerator IPO is set at ₹ 61.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Dev Accelerator IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Dev Accelerator IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 12th September 2025. After submission, funds are blocked until the basis of allotment of Dev Accelerator IPO is finalised.
The merchant banker for Dev Accelerator IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Dev Accelerator IPO RHP for further details.
The registrar for Dev Accelerator IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Dev Accelerator IPO through their official website or helpline.
Dev Accelerator IPO was subscribed 64.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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IPO
Size:
₹ 143.35 Cr.
Avg IPO Size (Sector Based)
:
₹ 658.25 Cr.
Sector: Corporate Solutions
IPO so far:
17
Merchant Banker:
Pantomath Capital
IPO by BRLM so far:
14
City:
Ahmedabad
IPO so far:
36
Revenue (annualised):
₹ 158.87 cr.
PE
Ratio:
315.45x
Average Sector PE Ratio: 20.56x
Dev Accelerator IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Dev Accelerator Financial Review Page
Merchant Banker(s) of Dev Accelerator IPO: Pantomath Capital Advisors Private Limited
Dev Accelerator IPO subscription was 64.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Dev Accelerator IPO listed at a listing price of 61.00 against the offer price of 61.00.
The current market price of Dev Accelerator is 50.73.
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