Dev Accelerator IPO Subscription
ListedUpdated 17 September 2025, 9:15 AM IST· Mainboard
Dev Accelerator IPO subscription closed on 12 September 2025 at 64.00x overall by shares. QIB demand came in at 5.90x, NII at 80.10x, and retail at 144.43x. See Retail, SHNI, and BHNI allotment chances in the table…
Dev Accelerator IPO subscription closed on 12 September 2025 at 64.00x overall by shares. QIB demand came in at 5.90x, NII at 80.10x, and retail at 144.43x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 15 September 2025. Listing date on NSE and BSE is 17 September 2025.
Dev Accelerator IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 10 Sept 2025 | 1.16x | 4.46x | 19.60x | 5.34x |
| Day 2 - 11 Sept 2025 | 2.40x | 15.36x | 59.48x | 16.11x |
| Day 3 - 12 Sept 2025 | 20.30x | 87.97x | 164.89x | 64.00x |
Dev Accelerator IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Dev Accelerator IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 128.87x | 1 in 129 |
| SHNI (Rs 2L to Rs 10L) | 92.97x | 1 in 93 |
| BHNI (above Rs 10L) | 14.18x | 1 in 14 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Dev Accelerator IPO Allotment Status page from 15 September 2025 for your result.
Dev Accelerator IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 61.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 42.10 Cr | Rs 248.26 Cr | 5.90x |
| FII | - | Rs 69.05 Cr | - |
| DFI | - | Rs 76.18 Cr | - |
| Mutual Funds | - | Rs 2.01 L | - |
| Other | - | Rs 103.01 Cr | - |
| NII | Rs 21.05 Cr | Rs 1,686.21 Cr | 80.10x |
| bNII (above Rs 10L) | Rs 14.03 Cr | Rs 1,009.05 Cr | 71.90x |
| Corporate | - | Rs 17.05 Cr | - |
| Individual | - | Rs 958.20 Cr | - |
| Other | - | Rs 33.81 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 7.02 Cr | Rs 677.16 Cr | 96.50x |
| Corporate | - | Rs 2.91 Cr | - |
| Individual | - | Rs 650.17 Cr | - |
| Other | - | Rs 24.09 Cr | - |
| Retail | Rs 14.03 Cr | Rs 2,026.97 Cr | 144.43x |
| Cut-off price | - | Rs 1,643.34 Cr | - |
| Fixed price | - | Rs 383.63 Cr | - |
| Employee | Rs 1.00 Cr | Rs 14.75 Cr | 14.70x |
| Cut-off price | - | Rs 11.95 Cr | - |
| Fixed price | - | Rs 2.80 Cr | - |
| Shareholder | Rs 2.01 Cr | Rs 83.38 Cr | 41.55x |
| Cut-off price | - | Rs 60.53 Cr | - |
| Fixed price | - | Rs 22.85 Cr | - |
| Total | Rs 80.20 Cr | Rs 4,059.57 Cr | 50.62x |
Dev Accelerator IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 69,01,950 | 2,566 | 0.00x |
| FII | - | 6 | - |
| DFI | - | 2,278 | - |
| Mutual Funds | - | 1 | - |
| Other | - | 281 | - |
| NII | 1,049 | 42,448 | 40.47x |
| bNII (above Rs 10L) | 699 | 9,909 | 14.18x |
| Corporate | - | 168 | - |
| Individual | - | 9,411 | - |
| Other | - | 330 | - |
| sNII (Rs 2L to Rs 10L) | 350 | 32,539 | 92.97x |
| Corporate | - | 145 | - |
| Individual | - | 31,211 | - |
| Other | - | 1,183 | - |
| Retail | 9,790 | 12,61,631 | 128.87x |
| Cut-off price | - | 10,17,487 | - |
| Fixed price | - | 2,44,144 | - |
| Employee | 700 | 7,990 | 11.41x |
| Cut-off price | - | 6,790 | - |
| Fixed price | - | 1,200 | - |
| Shareholder | 1,400 | 13,051 | 9.32x |
| Cut-off price | - | 10,354 | - |
| Fixed price | - | 2,697 | - |
| Total | 69,14,889 | 13,27,686 | 0.19x |
What Do These Subscription Numbers Mean?
64.00x overall by shares means bids covered about 64 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 5.90x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (40.47x by applications). Split: SHNI 92.97x, BHNI 14.18x by applications. SHNI and BHNI allotment is by lottery.
At 128.87x subscription by applications, about 1 in 129 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Dev Accelerator IPO GMP After Subscription
GMP for Dev Accelerator IPO stands at Rs 6.00 today, giving an estimated listing price of Rs 67.00 per share.
A subscription of 64.00x combined with a GMP of 9.84% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Dev Accelerator IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Dev Accelerator IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 10 September 2025 |
| IPO Close Date | 12 September 2025 |
| Allotment Date | 15 September 2025 |
| Refund Initiation | 16 September 2025 |
| Share Credit to Demat | 16 September 2025 |
| Listing Date | 17 September 2025 |
| Minimum Investment | Rs 14,335.00 |
| Lot Size | 235 shares |
About 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.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Dev Accelerator IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Dev Accelerator IPO Details
Issue size, price, financials, and company info
Dev Accelerator IPO GMP
Live grey market premium and listing estimate
Dev Accelerator IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Dev Accelerator IPO Allotment
Allotment date, chances, and check by PAN
Dev Accelerator IPO Review
SWOT, strengths, risks, and IPO review
Dev Accelerator IPO FAQ
Common questions on dates, GMP, and allotment
Dev Accelerator IPO Registrar
Registrar website and how to check allotment
Dev Accelerator IPO Timeline
Open, close, allotment, and listing dates
Dev Accelerator IPO News
Updates, blogs, and latest IPO news
Dev Accelerator IPO Subscription FAQs
What is Dev Accelerator IPO subscription status today?
Dev Accelerator IPO subscription closed on 12 September 2025 with overall subscription of 64.00x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 5.90x, NII 40.47x, Retail 128.87x.
What is the overall subscription of Dev Accelerator IPO?
Dev Accelerator IPO is subscribed 64.00x overall by shares at close on 12 September 2025. QIB 5.90x, NII 40.47x, and Retail 128.87x.
What is Dev Accelerator IPO QIB subscription?
Dev Accelerator IPO QIB (Qualified Institutional Buyers) subscription is 5.90x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Dev Accelerator IPO Retail subscription?
Dev Accelerator IPO Retail subscription is 128.87x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Dev Accelerator IPO NII, SHNI, and BHNI subscription?
Dev Accelerator IPO NII subscription is 40.47x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 92.97x and BHNI (above Rs 10L) at 14.18x.
What are Dev Accelerator IPO retail allotment chances?
At 128.87x subscription by applications, about 1 in 129 retail applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 144.43x. Allotment chances use applications, not share volume.
What are Dev Accelerator IPO SHNI allotment chances?
At 92.97x subscription by applications, about 1 in 93 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 96.50x. Allotment chances use applications, not share volume.
What are Dev Accelerator IPO BHNI allotment chances?
At 14.18x subscription by applications, about 1 in 14 BHNI applicants may get allotment (~7% chance per application). Allotment is by lottery. Share subscription was 71.90x. Allotment chances use applications, not share volume.
When is Dev Accelerator IPO allotment date?
Dev Accelerator IPO allotment date is 15 September 2025. Check Dev Accelerator IPO Allotment Status on IPOwiz from that day using your PAN.
When does Dev Accelerator IPO subscription close?
Dev Accelerator IPO subscription closed on 12 September 2025. No new applications are accepted after the close.
What is Dev Accelerator IPO GMP today?
Dev Accelerator IPO GMP is ₹6 today (+9.84% over issue price ₹61). See live GMP on the Dev Accelerator IPO GMP Today page.
What is Dev Accelerator IPO issue price and lot size?
Dev Accelerator IPO issue price is ₹61 per share. Lot size is 235 shares. Minimum investment is ₹14,335 per lot. Issue size: ₹143.35 Cr.
When is Dev Accelerator IPO listing date?
Dev Accelerator IPO listing date is 17 September 2025 on NSE and BSE. Allotment is on 15 September 2025.
How does subscription affect Dev Accelerator IPO allotment?
In Dev Accelerator IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 64.00x overall, competition is very high.
For allotment results from 15 September 2025, visit the Dev Accelerator IPO Allotment Status page. For listing day updates on 17 September 2025, download the IPOwiz App.
Sources
We match Dev Accelerator IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.