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IPO Synopsis

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Dev Accelerator Ltd
Registered Office: No. C-01 The First Commercial-,Complex Vastrapur , Ahmedabad - 380015 , Gujarat , India.
Phone : 70414 82004
Fax :
Email :  compliance@devx.work  
Website :  www.devx.work
Initial public offering of 23,500,000 equity shares of face value of Rs. 2/- each ("equity shares") of Dev Accelerator Limited ("company" or "issuer") for cash at a price of Rs. 61/- per equity share (including a share premium of Rs. 59/- per equity share) ("issue price") aggregating to Rs. 143.35 crores ( "issue") comprising a fresh issue of 23,500,000 equity shares by the company aggregating to Rs.14.34 crores ( "fresh issue").

Issue Money Payable On
Opened On Closed On Offer Price Application
10-Sep-25 12-Sep-25 ₹  61.00 ₹  61.00
Minimum Application for shares in Nos :235  Further Multiples of :235

  Lead Managers to the Issue
Project Cost ₹   127.38 Cr
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer ₹   143.35 Cr  
Post Issue Equity Share Capital ₹   18.04 Cr  
Face Value ₹   2  
 
Projects
Capital exp for fit outs in the new Centres and for security deposits of the new CentresGeneral corporate purposes
Repayment and /or pre-payment in full or part of certain borrowings availed by the company including redemption of NCDs
Promoted By
Parth Naimeshbhai Shah  
Rushit Shardulkumar Shah  
Umesh Satishkumar Uttamchandan  
Listing At
BSE 
NSE 
Registrar to the Issue
No Data Found.
 
 

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