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IPO Snapshot    
Dev Accelerator Ltd.
Issue Open Date 10-Sep-25  
Issue Closing Date 12-Sep-25  
Application Money 100  
Allotment Money  
Price Band -  
Minimium Application No.  
Issue Size (Shares) 23500000  
Market Lot 1.00  
Objective
1. Capital expenditure for fit-outs in the new Centres and for security deposits of the new Centres;2. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of non-convertible debentures issued by our Company (“NCDs”) in; and3. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors       NA  
Qualified Institutional Buyers       NA  
Retail Individual Investors       NA  
Business Description
We are one of the largest flex space operators in terms of operational flex stock in Tier 2 markets (Source: JLL Report). Specializing in complete Built to Suit Managed Office Solutions for enterprises, we have established a presence across 15 submarkets in In
more...
Promoter's Holding
Total Share Capital   33201850  
Offered to Public    
Promoter's Holding (Pre-Issue)   49.8  
Promoter's Holding (Post-Issue)    
Address
C-01
The First Commercial Complex
Behind Keshavbaug Party Plot
Near Shivalik High Street
Vastrapur
Ahmedabad ,
Gujarat ,
380015
Phone: 7041482004
Email: legal@devx.work
Website: www.devx.work
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Pantomath Capital Advisors Pvt Ltd.
Promoters
Amisha Jaimin Shah
Dev Information Technology Ltd.
Jaimin Jagdishbhai Shah
Kruti Pranav Pandya
Parth Naimeshbhai Shah
Pranav Niranjan Pandya
Rushit Shardulkumar Shah
Umesh Satishkumar Uttamchandani
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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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