IPO IPO-Synopsis
Dev Accelerator Ltd

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Registered Office: No. C-01 The First Commercial-,Complex Vastrapur , Ahmedabad - 380015 , Gujarat , India.
Phone : 70414 82004   Fax:
Email :  compliance@devx.work  
Website :  www.devx.work
Initial public offering of 23,500,000 equity shares of face value of Rs2/- each ("equity shares") of Dev Accelerator Limited ("company" or "issuer") for cash at a price of Rs61/- per equity share (including a share premium of Rs59/- per equity share) ("issue price") aggregating to Rs143.35 crores ( "issue") comprising a fresh issue of 23,500,000 equity shares by the company aggregating to Rs14.34 crores ( "fresh issue").

Issue Money Payable On
Opens On Closes On Application Allotment
10-Sep-25 12-Sep-25 Rs61.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :235  Further Multiples of :235

  Rs Cr Lead Managers to the Issue
Project Cost 127.38
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 143.35  
Post Issue Equity Share Capital 18.04  
Issue Price Rs61.00  
Projects
Capital exp for fit outs in the new Centres and for security deposits of the new CentresGeneral corporate purposes
Repayment and /or pre-payment in full or part of certain borrowings availed by the company including redemption of NCDs
Promoted By
Parth Naimeshbhai Shah
Rushit Shardulkumar Shah
Umesh Satishkumar Uttamchandan
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd