{"id":13083,"date":"2025-09-16T05:10:00","date_gmt":"2025-09-16T05:10:00","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/16\/dev-accelerator-ipo-listing-price-prediction-37x-subscription-check-allotment-status-ipo-news\/"},"modified":"2025-09-16T05:10:00","modified_gmt":"2025-09-16T05:10:00","slug":"dev-accelerator-ipo-listing-price-prediction-37x-subscription-check-allotment-status-ipo-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/16\/dev-accelerator-ipo-listing-price-prediction-37x-subscription-check-allotment-status-ipo-news\/","title":{"rendered":"Dev Accelerator IPO Listing Price Prediction: 37x Subscription, Check Allotment Status | Ipo News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9574844\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">September 16, 2025, 10:24 IST<\/time><\/p>\n<h2 id=\"asubttl-9574844\" class=\"jsx-c9f81425ec968c48 jsx-16925625 asubttl-schema\">Dev Accelerator IPO allotment was finalized on September 15, 2025. Shares list soon on BSE and NSE.<\/h2>\n<div class=\"jsx-c3a4b7af90a1cd78 artsharwrp\"><a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" class=\"jsx-91f4da8d48c13a79 gglebtn bggrn\"\/><\/p>\n<div id=\"artshare\" class=\"jsx-c3a4b7af90a1cd78 artshare\">\n<div class=\"jsx-c3a4b7af90a1cd78 stickdiv\">\n<div class=\"jsx-c3a4b7af90a1cd78 deskwrapstkdiv\">\n<div class=\"jsx-c3a4b7af90a1cd78 fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" title=\"font\" class=\"jsx-c3a4b7af90a1cd78 lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-c9f81425ec968c48 jsx-16925625 amimg\"><img decoding=\"async\" alt=\"News18\" title=\"News18\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-16925625\"\/><\/p>\n<p>News18<\/p>\n<\/figure>\n<div>\n<p class=\"MDW27e\"><span class=\"VBeVke\" role=\"heading\" aria-level=\"2\"><strong>Dev Accelerator IPO Allotment Status:<\/strong> The allotment of unlisted shares of Dev Accelerator IPO was finalised on September 15, 2025. Investors who applied for the issue and received the allotment have been already been informed by the registrar. All eyes are now on the listing of shares on the exchanges \u2013 Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), likely on September 17, 2025.\u00a0\u00a0<\/span><\/p>\n<p id=\"1\" class=\"story_para_1\">Grey market premium is a popular instrument used to gauge the expected listing of the issue\u2019s shares on the exchanges whenever it happens.<\/p>\n<\/div>\n<h3>Dev Accelerator IPO Details<\/h3>\n<p id=\"4\" class=\"story_para_4\">Dev Accelerator Limited, one of the largest flexible workspace operators in Tier-2 markets, launched its initial public offering (IPO) between September 10, 2025 and September 12, 2025. Investors bid for 49,61,11,320 equity shares against the 1,31,47,075 equity shares on offer, translating to a total subscription of 37.74 times.<\/p>\n<p id=\"5\" class=\"story_para_5\">The company has fixed the price band at Rs 56\u201361 per share with a face value of Rs 2. The IPO, entirely a fresh issue of shares worth Rs 143.35 crore, does not include any offer-for-sale (OFS) component.<\/p>\n<p id=\"6\" class=\"story_para_6\">Investors can bid for a minimum lot size of 235 shares.<\/p>\n<h4><strong data-start=\"702\" data-end=\"722\">Dev Accelerator Issue Objectives<\/strong><\/h4>\n<div>\n<p data-start=\"702\" data-end=\"766\"><strong>Proceeds from the IPO will be used for:<\/strong><\/p>\n<ul class=\"listOncontentArticleUL\" data-start=\"767\" data-end=\"934\">\n<li data-start=\"767\" data-end=\"824\">\n<p data-start=\"769\" data-end=\"824\">Capital expenditure for fit-outs in upcoming centers,<\/p>\n<\/li>\n<li data-start=\"825\" data-end=\"902\">\n<p data-start=\"827\" data-end=\"902\">Repayment\/prepayment of certain borrowings, including redemption of NCDs,<\/p>\n<\/li>\n<li data-start=\"903\" data-end=\"934\">\n<p data-start=\"905\" data-end=\"934\">General corporate purposes.<\/p>\n<\/li>\n<\/ul>\n<h3><strong data-start=\"702\" data-end=\"722\">Dev Accelerator Listing Price Prediction<\/strong><\/h3>\n<p id=\"9\" class=\"story_para_9\">According to market observers, unlisted shares of Dev Accelerator Ltd are currently trading at Rs 67 against the upper IPO price of Rs 61. It means a grey market premium or GMP of Rs 6, which is 9.84% over its issue price, indicating lukewarm listing gains for investors.<\/p>\n<p id=\"10\" class=\"story_para_10\">The GMP is based on market sentiments and keeps changing. \u2018Grey market premium\u2019 indicates investors\u2019 readiness to pay more than the issue price.<\/p>\n<h3 data-start=\"936\" data-end=\"1247\">About Dev Accelerator<\/h3>\n<p data-start=\"936\" data-end=\"1247\">Dev Accelerator operates 28 centers across 11 Indian cities, managing over 14,000 seats across 8.6 lakh sq. ft. of office space. Its offerings include managed office spaces, coworking solutions, design and execution services, payroll and facility management, and IT\/ITeS solutions.<\/p>\n<p data-start=\"1249\" data-end=\"1512\">The company has a strong presence in both Tier-1 and Tier-2 markets such as Delhi NCR, Mumbai, Pune, Hyderabad, Ahmedabad, Indore, Jaipur, Rajkot, Udaipur, and Vadodara. As of May 2025, it served over 250 clients, including large corporates, MNCs, and SMEs.<\/p>\n<p>How to check Dev Accelerator IPO allotment status \u2014 step-by-step<\/p>\n<h4>1) Check the registrar (KFin Technologies)<\/h4>\n<p>Open the registrar\u2019s IPO-status page (KFin\u2019s iPostStatus \/ KOSMIC IPO status).<\/p>\n<p>In the Select IPO dropdown choose Dev Accelerator Limited.<\/p>\n<p>Choose one of the ID options: Application No., Demat account (DP ID\/Client ID) or PAN.<\/p>\n<p>Enter the corresponding detail and the captcha, then click Submit \/ Search.<\/p>\n<p>The page will show whether you\u2019ve been Allotted (and how many shares) or Not Allotted.<\/p>\n<p>Registrar portal instructions are the standard first check.<\/p>\n<h4>2) Check on BSE (exchange allotment page)<\/h4>\n<p>Go to BSE\u2019s IPO allotment \/ application status page.<\/p>\n<p>Select Issue Type = Equity and choose Dev Accelerator Ltd in the Issue Name dropdown.<\/p>\n<p>Enter Application No. or PAN, complete captcha (\u201cI am not a robot&#8221;) and click Search.<\/p>\n<p>BSE will display allotment status.<\/p>\n<h3 data-start=\"1249\" data-end=\"1512\">Dev Accelerator Should You Subscribe?<\/h3>\n<p data-start=\"1969\" data-end=\"2293\">Anand Rathi in its report:\u00a0<\/p>\n<p data-start=\"1969\" data-end=\"2293\">At the upper end of the price band, the company is valued at 305x FY25 P\/E and 3.5x P\/S, with a post-issue market capitalization of \u20b95,501<\/p>\n<p id=\"18\" class=\"story_para_18\">million. It has broadened its offerings to include HR, IT, and software<\/p>\n<p id=\"19\" class=\"story_para_19\">services through Saasjoy to strengthen client retention and address<\/p>\n<p id=\"20\" class=\"story_para_20\">evolving workplace and technology needs.<\/p>\n<p data-start=\"1969\" data-end=\"2293\">Additionally, via its associate Scaleax Advisory Private Limited, it helps GCCs build global teams in India by providing facility and payroll management, as well as recruitment solutions like talent sourcing, AI-based screening, and team augmentation. Considering these factors, the IPO is viewed as fully priced, warranting a \u201cSUBSCRIBE \u2013 LONG TERM&#8221; recommendation.<\/p>\n<p data-start=\"1969\" data-end=\"2293\"><strong>Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.<\/strong><\/p>\n<\/div>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"Varun Yadav\" title=\"Varun Yadav\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2025\/02\/WhatsApp-Image-2025-02-11-at-14.38.33-2025-02-47cdd4fd31681cc3efe5087cb8bd1418.jpeg?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/varun-yadav-28203.html\" class=\"jsx-95088aad1b3c53cd atamail\">Varun Yadav<\/a><\/p>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-16925625 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>September 16, 2025, 10:23 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-16925625 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <a href=\"https:\/\/www.news18.com\/business\/ipo\/\">ipo<\/a>  <span class=\"brdout\"> Dev Accelerator IPO Listing Price Prediction: 37x Subscription, Check Allotment Status<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-c9f81425ec968c48 jsx-16925625 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/ipo\/dev-accelerator-ipo-listing-price-prediction-37x-subscription-check-allotment-status-ws-el-9574844.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:September 16, 2025, 10:24 IST Dev Accelerator IPO allotment was finalized on September 15, 2025. Shares list soon on BSE and NSE. News18 Dev Accelerator IPO Allotment Status: The allotment of unlisted shares of Dev Accelerator IPO was finalised on September 15, 2025. Investors who applied for the issue and received the allotment have&#8230;<\/p>\n","protected":false},"author":1,"featured_media":13084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-13083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/13083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=13083"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/13083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/13084"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=13083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=13083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=13083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}