Dev accelerator limited IPO Overview
Dev accelerator limited IPO is a Mainboard public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹56 to ₹61 per share, and retail investors can apply with a minimum investment of ₹14,335 as per IPO guidelines.
The Dev accelerator limited IPO opens on 10 Sept 2025 and closes on 12 Sept 2025. The IPO allotment is expected to be finalized on 15 Sept 2025, and the equity shares are proposed to be listed on BSE, NSE on 17 Sept 2025.
Investors can refer to the Dev accelerator limited IPO RHP-DRHP for detailed information. The issue is managed by Pantomath Capital Advisors Pvt.Ltd. as the book running lead manager, while Kfin Technologies Limited is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About dev accelerator limited
The company's business model focuses on providing flexible workspace solutions tailored to the evolving needs of modern businesses. This includes offering customizable desks and suites, accommodating remote work trends, and providing flexible lease options.
As of May 31, 2025, the company serves over 250 clients and has 28 centres across 11 cities in India, with 14,144 seats covering a total area under management of 860,522 square feet.
The company have signed Letters of Intent (LOIs) for three new centers, including the company's first international centre in Sydney, Australia. Additionally, we have leased space for a new center in Surat. These upcoming centers will offer 11,500 seats across a total area of 897,341 sq. ft.
Dev Accelerator Limited provide flexible office space solutions, including managed offices and coworking spaces, to large corporates, MNCs, and SMEs. The company's subsidiary, Neddle and Thread Designs LLP, also offers design and execution services.
Investment Objective
Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of NCDs
General corporate purposes