Dev Accelerator Limited IPO
Dev Accelerator Limited was a mainboard IPO in the Diversified Commercial Services sector, offered at ₹56–₹61 per share to raise ₹143 crore. The issue was subscribed 63.97× overall (QIBs 20.3×, NIIs 87.97×, retail 164.72×). It listed on 17 Sep 2025 at ₹61 and closed its first day at ₹64, a listing gain of +5.0% versus the ₹61 issue price. It now trades around ₹42 (-31.2% versus the issue price).
Frequently asked questions
- How many times was the Dev Accelerator Limited IPO subscribed?
- The Dev Accelerator Limited IPO was subscribed 63.97× overall — 20.3× in the QIB category, 87.97× among non-institutional investors, 164.72× in retail.
- What were the Dev Accelerator Limited IPO listing gains?
- Dev Accelerator Limited listed on 17 Sep 2025 at ₹61, closing its first day at ₹64 — a listing gain of +5.0% versus the ₹61 issue price.
- What were the retail allotment odds for the Dev Accelerator Limited IPO?
- Retail was subscribed 164.72×, so a single-lot application had roughly a 0.6% chance of allotment (about 1 in 165), and allotment was finalised on 15 Sep 2025.
- What was the price band and lot size of the Dev Accelerator Limited IPO?
- The price band was ₹56–₹61 per share, with a minimum lot of 235 shares (₹14,335 at the upper band).
- Who were the registrar and lead manager for the Dev Accelerator Limited IPO?
- KFIN Technologies Limited was the registrar, and Pantomath Capital Advisors was the book-running lead manager.