Dev Accelerator Ltd IPO

LISTED
MAINBOARD

BSE • Lot Size: 235 • Miscellaneous

Issue61
Listed65+7%
Now42-31.1%
31.1%

*Last updated on 11 Jan 2026

Price Band

₹56 - ₹61

Lot Size

235

Issue Size

₹143.35 Cr

GMP

N/A

Subscription

64.00x

Analyzing...

IPO Schedule

1

Open

10 Sept 2025

2

Close

12 Sept 2025

3

Allotment

15 Sept 2025

4

Listing

17 Sept 2025

About Dev Accelerator Ltd

Dev Accelerator Ltd. is likely involved in providing services related to software development, technology consulting, or digital transformation initiatives. Specific details about their core offering and target market are crucial for a complete analysis.

Key Strengths

  • Potential for high growth in the software development/digital transformation sector.
  • Mainboard listing enhances visibility and investor confidence.
  • Fixed issue size provides clarity for market absorption.
  • If the company has a strong management team with a proven track record, it's a strength.
  • If the company has recurring revenue streams or long-term contracts, it's a strength.

Risk Factors

  • Lack of available financial data (ROE and P/E unavailable) makes valuation difficult and increases investment risk.
  • Competitive landscape in the software development/consulting industry can be intense.
  • Execution risk associated with scaling operations and managing growth effectively.

Valuation Analysis

Without ROE and P/E ratios, a valuation assessment is challenging. Investors should carefully consider the potential for growth against the inherent risks before investing, given the current information deficit.

IPO Details

ExchangeBSE
SegmentMAINBOARD
NSE SymbolDEVX
Face Value2
Lot Size235
Issue Size₹143.35 Cr

Key Metrics

Industry P/E20

Growth & Quality

Revenue Growth (YoY)48.7%
Anchor Investors5

Subscription

Total5.34x

Documents

Registrar

KARVY

Key Dates

Open Date10 Sept 2025
Close Date12 Sept 2025
Allotment15 Sept 2025
Listing17 Sept 2025