Archive · 17 Sep 2025
Dev Accelerator IPO Debuts Flat, Then Surges to Upper Circuit
Dev Accelerator launched an IPO, initially listing at ₹61 on both the NSE and BSE.
After listing, the stock quickly gained, hitting the upper circuit, which means its price increased by the maximum allowed amount.
The IPO was oversubscribed by nearly 64 times, showing strong demand.
Money raised will be used for expenses, including debt repayment.
An expert suggests investors exercise caution due to profit margins and high debt levels.
Dev Accelerator shares listed at ₹61 on both NSE and BSE.
The stock reached the upper circuit on both exchanges.
The IPO was oversubscribed 63.97 times.
Retail investors garnered 164.72 times subscription.
The IPO aimed to raise ₹143.35 crore.
- Who
- Dev Accelerator
- What
- Initial Public Offering (IPO)
- When
- September 17, 2025
- Where
- NSE and BSE (Indian Stock Exchanges)
- Why
- To raise capital through an IPO.
Bullish View
Cautious View
Investment Strategy
Bullish View
Hold for medium to long term
Cautious View
Risky investors can hold for medium to long term with stop loss of ₹50.
- IPO Price
- ₹61
- Listing Price (NSE)
- ₹61
- Listing Price (BSE)
- ₹61.30
- Upper Circuit (NSE)
- ₹64
- Upper Circuit (BSE)
- ₹64.15
- IPO Subscription
- 63.97x
- IPO Size
- ₹143.35 crore
Sources
Dev Accelerator share price LIVE updates: GMP, experts signal debut at a premium
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