Archive · 4 Sep 2025
Dev Accelerator IPO to Launch September 10: Details
Dev Accelerator, a company offering flexible office spaces, is selling shares to the public through an IPO.
The IPO starts on September 10 and closes on September 12, with shares priced between ₹56 and ₹61.
The company aims to raise ₹143 crore to expand its centers, pay off debt, and for other business uses.
The company will use the money to expand to more cities.
Investors can buy shares in lots of 235.
Dev Accelerator is launching an IPO with a price band of ₹56-61 per share.
The IPO will be open for subscription from September 10-12.
The company aims to raise ₹143 crore through the IPO.
Proceeds will fund new center fit-outs, debt repayment, and general purposes.
DevX currently operates 25 centers across more than 10 cities.
- Who
- Dev Accelerator Ltd
- What
- Launching its initial public offering (IPO).
- When
- September 10-12
- Where
- India
- Why
- To fund expansion, debt repayment, and general corporate purposes.
- IPO Launch Date
- September 10
- IPO Closing Date
- September 12
- Price Band
- ₹56-61 per share
- Issue Size
- ₹143 crore
- Shares Offered
- 2.47 crore equity shares
- Listing Date (Estimated)
- September 17
- Centers
- 25 across 10+ cities
