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Basis Of Allotment

Dev Accelerator Ltd.
Issue Open Date 10-Sep-25  
Issue Closing Date 12-Sep-25  
Application Money 100  
Allotment Money  
Price Band (Rs.) 56 - 61  
Minimum Bid Quantity. 235  
Issue Size (Shares) 13147075  
Market Lot 1  
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.

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 Sol...

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 : compliance@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
Attention Investors KYC ASBA

Attention Investors

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month, Issued in the interest of Investors.

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Download Client Registration Documents

Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language :
Assamese Bengali Gujarati Hindi Kanada
Kashmiri Konkani Malyalam Marathi Oriya
Punjabi Sindhi Tamil Telegu Urdu

NOTE : " This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail. "