Dev Accelerator Limited IPO
DRHP 17 Apr 2025 · listed 17 Sept 2025
Follow this IPOuse-of-proceeds reports, on Telegram
- Issue price
- ₹61.00
- band ₹56.00 to ₹61.00
- Subscription window
- 10 Sept to 12 Sept
- 2025
- Listing
- 17 Sept 2025
- NSE
- Subscribed
- 37.7x
- retail 96.3x
About the Dev Accelerator IPO
Dev Accelerator Limited raised money through a mainboard IPO on NSE and BSE.
Bidding ran Wed 10 Sept to Fri 12 Sept, at an issue price of ₹61 a share. The shares listed on 17 Sept 2025.
The book-running lead manager is Pantomath Capital Advisors Private Limited. The registrar, which handles allotment, is KFIN Technologies Limited.
The issue was subscribed 37.74 times overall, with the retail portion at 96.28 times, as the exchange's bid book showed.
The draft offer document was filed on 17 Apr 2025.
newboard writes its studies from the offer document before an issue lists, and this one listed without one. The figures on this page are the exchange's and the offer document's, each with its source.
Dev Accelerator IPO: questions answered
When was the Dev Accelerator IPO open, and what were the price band and lot size?
Bidding ran Wed 10 Sept to Fri 12 Sept. The issue price is ₹61 a share.
When did the Dev Accelerator IPO list?
The shares listed on 17 Sept 2025 on NSE and BSE.
How do I check the Dev Accelerator IPO allotment status?
Allotment is finalised by the registrar, KFIN Technologies Limited, usually the working day after the issue closes. Check it on the registrar's website or on BSE and NSE with a PAN, application number or DP ID. Shares not allotted have their blocked amount released by the refund date.
The Dev Accelerator IPO allotment status page, with the direct links
Who are the registrar and lead managers of the Dev Accelerator IPO?
The book-running lead manager is Pantomath Capital Advisors Private Limited. The registrar, which handles applications and allotment, is KFIN Technologies Limited.
How many times was the Dev Accelerator IPO subscribed?
37.74 times overall, as the exchange's bid book last showed: qualified institutions 14.26 times, non-institutional investors 54.46 times and retail 96.28 times.
What is the Dev Accelerator IPO GMP?
newboard does not publish a grey-market premium. Grey-market deals happen outside the stock exchanges, are not regulated, and leave no public record of who traded at what price. What is on record is the offer document, read on this page, and the exchanges' bid book.
Where the money went
The monitoring agency's report for the quarter to 30 Sept 2026: each object in the offer document and how much of it had been used by then.
| Object | Proposed, ₹ crore | Used, ₹ crore |
|---|---|---|
| Capital expenditu re for fit outs in the | 73.1 | 1.1 |
| General Corporat | 19.3 | 0.0 |
| Repayme nt and / or pre- payment, in full or part, of certain borrowin gs availed by the company including redempti on of non- convertib le debenture s | 35.0 | 0.0 |
| Report (figures not machine-readable) | - | - |
Dev Accelerator IPO: the next step, on Telegram
A message when there is news on each use-of-proceeds report the company files. Free, no account, leave in one tap. Send /stop to end it.
Not on this page yet: an offer-document study, the peer table the issuer printed. Each is added when the pipeline extracts it from the offer document.
The figures on this page are the company's own, taken from its filings with the exchanges and SEBI, and every number links to the document and page it came from. They are reproduced as stated, not verified independently, and they are not forecasts by newboard.in. Nothing here is investment advice, a research report or a recommendation. newboard.in is not a SEBI-registered research analyst or investment adviser.