Dev Accelerator IPO is to open on September 10, 2025. It is a Mainboard IPO that will raise ₹143.35 crores. The Dev Accelerator IPO price band is fixed at ₹56 to ₹61 with a market lot of 235 Shares.
Business Overview
DEV Accelerator was established in 2017 and is one of the major flexible workspace providers in Tier 2 cities in India. The company mainly concentrates on building fully managed, custom-built office workspace for businesses. They have established its business presence across 15 different locations. The tier 1 consists of cities like Delhi NCR, Hyderabad, Mumbai, and Pune, whereas Tier 2 cities consist of Ahmedabad, Gandhinagar, Indore, Jaipur, Udaipur, and Vadodara.
The company started its business in 2017 by offering office space solutions to various businesses that meet the requirements of the various needs. Finding appropriate office spaces, customizing designs, building the spaces, and providing technology solutions are some of the services the company provides to its customers. The company caters to more than 230 clients and has 25 centers across 11 cities in India. As of August 31, 2024, the company manages 12,691 seats spanning a total of 806,635 square feet.
Dev Accelerator IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | GMP Trend | Subject to |
| 17 Sep | ₹3 |  | ₹- |
| 16 Sep | ₹7 | | ₹- |
| 15 Sep | ₹9 |  | ₹- |
| 13 Sep | ₹11 | | ₹- |
| 12 Sep | ₹8 | | ₹- |
| 11 Sep | ₹10 | | ₹- |
| 10 Sep | ₹11 | | ₹- |
| 9 Sep | ₹11 | | ₹- |
| 8 Sep | ₹10 | | ₹1,600 |
| 6 Sep | ₹9 | | ₹- |
| 5 Sep | ₹- | – | ₹- |
Dev Accelerator IPO Details
| IPO Open Date: | September 10, 2025 |
| IPO Close Date: | September 12, 2025 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹56 to ₹61 Per Share |
| Issue Size: | Approx ₹143.35 Crores |
| Fresh Issue: | Approx ₹143.35 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus: | |
Dev Accelerator IPO Dates
| IPO Open Date: | September 10, 2025 |
| IPO Close Date: | September 12, 2025 |
| Basis of Allotment: | September 15, 2025 |
| Refunds: | September 16, 2025 |
| Credit to Demat Account: | September 16, 2025 |
| IPO Listing Date: | September 17, 2025 |
| IPO Bidding Cut-off Time: | September 12, 2025 – 5 PM |
Dev Accelerator IPO GMP aka Grey Market Premium FAQs:
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Disclaimer:
- IPO Grey Market Premium (Dev Accelerator IPO GMP) mention is valid for the specific date as mentioned in the header.
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