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Open
10 Sep 2025
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Close
12 Sep 2025
3
Allotment
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Listing
Wed, Sep 17, 2025
Price Band
₹56 to ₹61
Issue Size
2,35,00,000 shares (agg. up to ₹143 Cr)
Lot Size
235 Shares
Listing Date
Wed, Sep 17, 2025
Latest GMP
₹6
Est. Gain
9.84%
✦ AI Insight
GMP Trend
17-09-2025₹6Est. ₹67+9.84%
16-09-2025₹6Est. ₹67+9.84%
15-09-2025₹6Est. ₹67+9.84%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 35.82x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 540.38 | 411.09 | 282.42 |
| Total Income | 178.89 | 110.73 | 71.37 |
| Profit After Tax | 1.74 | 0.43 | -12.83 |
| EBITDA | 80.46 | 64.74 | 29.88 |
| NET Worth | 54.79 | 28.79 | 1.22 |
| Total Borrowing | 130.67 | 101.05 | 33.20 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Indiqube Spaces Ltd. | Mainboard | ₹700.00 Cr | ₹237 | null | ₹217.97 | -8.03% | ₹205.09 |
| Smartworks Coworking Spaces Ltd. | Mainboard | ₹582.56 Cr | ₹407 | null | ₹445.05 | +9.35% | ₹552.65 |
| International Gemmological Institute (India) Ltd. | Mainboard | ₹4,225.00 Cr | ₹417 | 50.98 | ₹471.15 | +12.99% | ₹318.10 |
| Happy Square Outsourcing Services Ltd. | SME | ₹24.25 Cr | ₹76 | 10.83 | ₹80.85 | +6.38% | ₹38.00 |
| Moving Media Entertainment Ltd. | SME | ₹43.40 Cr | ₹70 | 8.49 | ₹74.55 | +6.50% | ₹26.30 |
| Icon Facilitators Ltd. | SME | ₹19.11 Cr | ₹91 | 11.72 | ₹85.50 | -6.04% | ₹73.10 |
| Nukleus Office Solutions Ltd. | SME | ₹31.70 Cr | ₹234 | 52.33 | ₹196.55 | -16.00% | ₹205.00 |
| Eleganz Interiors Ltd. | SME | ₹78.07 Cr | ₹130 | 17.67 | ₹116.05 | -10.73% | ₹88.95 |
| Chamunda Electrical Ltd. | SME | ₹14.60 Cr | ₹50 | 16.59 | ₹66.50 | +33.00% | ₹42.50 |
| EMA Partners India Ltd. | SME | ₹76.01 Cr | ₹124 | 15.56 | ₹148.70 | +19.92% | ₹85.65 |
| Supreme Facility Management Ltd. | SME | ₹50.00 Cr | ₹76 | 18.7 | ₹71.25 | -6.25% | ₹21.50 |
| Mangal Compusolution Ltd. | SME | ₹16.23 Cr | ₹45 | 11.66 | ₹42.75 | -5.00% | ₹43.50 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure for fit-outs in the new Centres and for security deposits of the new Centres. | 73.12 |
| 2 | Repayment and/or pre-payment, in full or part, of certain borrowings availed by Company including redemption of NCDs | 35.00 |
| 3 | General Corporate Purposes | 19.26 |
| 4 | Issue Expenses | 15.97 |
| Total | 143.35 |
About Dev Accelerator IPO
Updated on Aug 5, 2026
Contact Details
Dev Accelerator Ltd. AddressC-01, The First Commercial Complexbehind Keshavbaug Party PlotVastrapurAhmedabad, Gujarat, 3800157041482004compliance@devx.workVisit Website