{"id":13357,"date":"2025-09-17T04:35:52","date_gmt":"2025-09-17T04:35:52","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/17\/dev-accelerator-makes-flat-market-debut-at-rs-61-should-you-buy-sell-or-hold-markets-news\/"},"modified":"2025-09-17T04:35:52","modified_gmt":"2025-09-17T04:35:52","slug":"dev-accelerator-makes-flat-market-debut-at-rs-61-should-you-buy-sell-or-hold-markets-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/17\/dev-accelerator-makes-flat-market-debut-at-rs-61-should-you-buy-sell-or-hold-markets-news\/","title":{"rendered":"Dev Accelerator Makes Flat Market Debut At Rs 61, Should You Buy, Sell Or Hold? | Markets News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9577325\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">September 17, 2025, 10:01 IST<\/time><\/p>\n<h2 id=\"asubttl-9577325\" class=\"jsx-c9f81425ec968c48 jsx-1315377302 asubttl-schema\">Dev Accelerator shares listed flat at Rs 61 on BSE and Rs 61.30 on NSE after a 37.74 times subscribed IPO. The company operates 28 centers in 11 cities, serving over 250 clients.<\/h2>\n<div class=\"jsx-c3a4b7af90a1cd78 artsharwrp\"><a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" class=\"jsx-91f4da8d48c13a79 gglebtn bgsky\"\/><\/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-1315377302 amimg\"><img decoding=\"async\" alt=\"Dev Accelerator Share Price\" title=\"Dev Accelerator Share Price\" 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-1315377302\"\/><\/p>\n<p>Dev Accelerator Share Price<\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\"><strong>Dev Accelerator Shares Listing Today:<\/strong> Shares of Dev Accelerators debuted flat on the exchanges on Wednesday, September 17. On BSE, shares listed at Rs 61, against the issue price of Rs 61. While stocks debuted with a marginal gain of 0.49 per cent at Rs 61.30 apiece on NSE.<\/p>\n<p id=\"1\" class=\"story_para_1\">The allotment of unlisted shares of Dev Accelerator IPO was finalised on September 15, 2025.<\/p>\n<p id=\"2\" class=\"story_para_2\">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=\"3\" class=\"story_para_3\">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=\"4\" class=\"story_para_4\">Investors can bid for a minimum lot size of 235 shares.<\/p>\n<h3>Dev Accelerator Issue Objectives<\/h3>\n<p id=\"6\" class=\"story_para_6\"><strong>Proceeds from the IPO will be used for:<\/strong><\/p>\n<ul class=\"listOncontentArticleUL\">\n<li>Capital expenditure for fit-outs in upcoming centers,<\/li>\n<li>Repayment\/prepayment of certain borrowings, including redemption of NCDs,<\/li>\n<li>General corporate purposes.<\/li>\n<\/ul>\n<h3>About Dev Accelerator<\/h3>\n<p id=\"9\" class=\"story_para_9\">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 id=\"10\" class=\"story_para_10\">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<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-1315377302 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>September 17, 2025, 10:01 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-1315377302 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\/markets\/\">markets<\/a>  <span class=\"brdout\"> Dev Accelerator Makes Flat Market Debut At Rs 61, Should You Buy, Sell Or Hold?<\/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-1315377302 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/markets\/dev-accelerator-makes-flat-market-debut-at-rs-61-should-you-buy-sell-or-hold-ws-l-9577325.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:September 17, 2025, 10:01 IST Dev Accelerator shares listed flat at Rs 61 on BSE and Rs 61.30 on NSE after a 37.74 times subscribed IPO. The company operates 28 centers in 11 cities, serving over 250 clients. Dev Accelerator Share Price Dev Accelerator Shares Listing Today: Shares of Dev Accelerators debuted flat on&#8230;<\/p>\n","protected":false},"author":1,"featured_media":906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-13357","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\/13357","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=13357"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/13357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/906"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=13357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=13357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=13357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}