The Dev Accelerator IPO minimum market lot is 235 shares with ₹14,335 application amount. The Dev Accelerator IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Dev Accelerator IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.16 | 2.40 | 20.30 |
| NII | 4.46 | 15.36 | 87.97 |
| bNII | 4.28 | 12.08 | 78.94 |
| sNII | 4.82 | 21.93 | 106.01 |
| RII | 19.60 | 59.48 | 164.89 |
| Total | 5.34 | 16.11 | 64.00 |
Dev Accelerator IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Dev Accelerator IPO Review and Rating
- May Apply For Long-term View
Dev Accelerator IPO Form
How to apply for the Dev Accelerator IPO? You can apply for Dev Accelerator IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Dev Accelerator IPO in the Invest section. The other option is you can apply for Dev Accelerator IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
