The IPO of Dev Accelerator Ltd is a 100% book-built issue comprising only a fresh issue of up to 23,500,000 equity shares. It has no offer for sale. The price band is ₹56-₹61 per share and the lot size is 235. The IPO opens on September 10, 2025 and closes on September 12, 2025.
The listing date is on September 17, 2025 and the allotment date is on September 15, 2025. The credit of shares to the Demat account will take place on September 16, 2025, while the initiation of refund will take place on September 16, 2025.
Dev Accelerator Ltd is one of the largest flex space operators in terms of operational flex stock in Tier 2 markets. Since its inception, it has established its presence in both Tier 1 and Tier 2 markets across India, including regions such as Delhi NCR, Hyderabad, Mumbai, Pune, Ahmedabad, Gandhinagar, Indore, Jaipur, Udaipur, Rajkot and Vadodara as of May 31, 2025.
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