Dev Accelerator IPO

Dev Accelerator IPO

Dev Accelerator is a leading managed and co-working space operator, particularly prominent in Tier 2 markets. The company provides a comprehensive range of services, including sourcing and developing office spaces, customizing designs, providing technology solutions, and offering full asset management. It operates through various business segments such as managed office spaces, coworking spaces, and design and execution services. The company also offers payroll management, facility management, and IT/ITes services. With a strong presence in both Tier 1 and Tier 2 markets across 11 cities, including Delhi NCR, Hyderabad, Mumbai, Pune, Ahmedabad, and Jaipur, Dev Accelerator serves a diverse client base of large corporates, MNCs, and SMEs. As of May 31, 2025, it had 28 centers and 14,144 seats under management across 860,522 square feet of area.

Issue Price
61
Current GMP
6 (9.84%)
Overall Subscription
64x
Issue Size
₹143.35 Cr

Live Subscription by Application

CategoryApplications OfferedApplications ReceivedSubscription
QIB69,01,9502,5660.00x
FII
-6-
DFI
-2,278-
MF
-1-
Other
-281-
NII1,04942,44840.47x
bNII
6999,90914.18x
Corporate
-168-
Individual
-9,411-
Other
-330-
sNII
35032,53992.97x
Corporate
-145-
Individual
-31,211-
Other
-1,183-
Retail9,79012,61,631128.87x
Cut-off price
-10,17,487-
Fixed price
-2,44,144-
Employee7007,99011.41x
Cut-off price
-6,790-
Fixed price
-1,200-
Shareholder1,40013,0519.32x
Cut-off price
-10,354-
Fixed price
-2,697-
Total69,14,88913,27,6860.19x

Live Subscription by Shares

CategoryShares OfferedShares AppliedSubscription
QIB69.02 L4.07 Cr5.90x
FII
-1.13 Cr-
DFI
-1.25 Cr-
MF
-3.29K-
Other
-1.69 Cr-
NII34.51 L27.64 Cr80.10x
bNII
23.01 L16.54 Cr71.90x
Corporate
-27.94 L-
Individual
-15.71 Cr-
Other
-55.42 L-
sNII
11.50 L11.10 Cr96.50x
Corporate
-4.77 L-
Individual
-10.66 Cr-
Other
-39.49 L-
Retail23.01 L33.23 Cr144.43x
Cut-off price
-26.94 Cr-
Fixed price
-6.29 Cr-
Employee1.65 L24.18 L14.70x
Cut-off price
-19.59 L-
Fixed price
-4.59 L-
Shareholder3.29 L1.37 Cr41.55x
Cut-off price
-99.22 L-
Fixed price
-37.46 L-
Total1.31 Cr66.55 Cr50.62x

Subscription Summary

QIB
Shares Applied:5.90x
Applications Offered:0.00x
NII
Shares Applied:80.10x
Applications Offered:40.47x
Retail
Shares Applied:144.43x
Applications Offered:128.87x
Employee
Shares Applied:14.70x
Applications Offered:11.41x
Shareholder
Shares Applied:41.55x
Applications Offered:9.32x

Quick Stats

Total Categories5
IPO TypeMainboard
StatusAllotment Out

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Data Last Updated

12 Sept 2025, 09:35 am

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Understanding Subscription Categories

QIB

Qualified Institutional Buyers

Includes FII, DFI, Mutual Funds, and other qualified institutions.

NII

Non-Institutional Investors

High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).

Retail

Retail Individual Investors

Retail investors with applications up to ₹2 lakh per PAN.