IPO Synopsis

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 Opens On Closes On 10-Sep-25 12-Sep-25 Money Payable On Application Allotment 61.00 0.00 Minimum Application for shares in Nos : 235 Further Multiples of : 235 Cr Lead Managers to the Issue Project Cost (.Cr) 127.38 Pantomath Capital Advisors Pvt Ltd Project Financed through Current Offer (.Cr) 143.35   Post Issue Equity Share Capital (.Cr) 18.04 Issue Price () 61.00

Projects

Capital exp for fit outs in the new Centres and for security deposits of the new Centres Repayment and /or pre-payment in full or part of certain borrowings availed by the company including redemption of NCDs General corporate purposes

Promoted By

Parth Naimeshbhai Shah

Rushit Shardulkumar Shah

Umesh Satishkumar Uttamchandan

Listing At

BSE

NSE

Registrar to the Issue

No Data Available