Dev Accelerator IPO Subscription Status: Check Subscription Status

Posted by : sachet | Fri Sep 12 2025

Check Expert’s Verdicts on Dev Accelerator IPO

Here, the Dev Accelerator IPO launched on 10th September 2025. The issue will be closed for bidding today, on 12th September 2025. The primary aim of the Dev Accelerator IPO is to raise ₹143.35 crores from the market. Additionally, Dev Accelerator IPO has received an impressive level of subscription, which suggests that the shares will be listed at a remarkable premium. Scroll down to check the Dev Accelerator IPO subscription and details.

Table of Contents

Dev Accelerator IPO Details

IPO Open Date	10th September 2025
Face Value	₹2 per share
Price Band	₹56 to ₹61 per share
Lot Size	235 Shares
Issue Type	Bookbuilding IPO
Listing At	BSE & NSE
IPO Close Date	12th September 2025
Listing Date	17th September 2025

The price band for the Dev Accelerator IPO has been prescribed as ₹56 to ₹61 per share, with a total of 2,35,00,000 shares to be issued. Let’s segregate the share quota fixed for different categories of investors.

Categories	Shares Offered	% Shares offered
QIB Shares Offered	1,72,54,875	73.43%
NII (HNI) Shares Offered	34,50,975	14.69%
Retail Investors	23,00,650	9.79%
Employee Shares Offered	1,64,500	0.70%
Shareholders Shares Offered	3,29,000	1.40%
Total Shares Offered	2,35,00,000	100.00%

Dev Accelerator IPO Subscription Status

As of now, the Dev Accelerator IPO has been subscribed to 43.20 times. Of these, 129.25 times are subscribed by retail investors, 62.69 times by non-institutional investors, and 5.83 times by QII (Qualified Institutional Investors).

The healthy subscription status indicates that investors are expecting higher returns at the time of the Dev Accelerator IPO listing on 17th September 2025. The Dev Accelerator IPO also has a positive outlook behind the fresh issue of 2.35 crore shares, which is expected to raise approximately Rs 143.35 crore.

Dev Accelerator IPO GMP Today

We know that higher subscription prices encourage grey market premiums for IPOs. Let’s explore the Dev Accelerator IPO GMP for 12th September 2025.

The grey market premium for this IPO is 16.39% or Rs 10 per share. It indicates that the estimated listing price per share is Rs 71. Numerous factors contributed significantly to this increase in the Dev Accelerator IPO GMP. These include higher subscription rates received, positive market sentiments, and investors’ positive attitude towards IPOs.

Dev Accelerator Limited Financials

The company’s financial analysis is crucial before applying for the Dev Accelerator IPO. Refer to the table to learn about Dev Accelerator Limited’s financials.

Year Ended	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31st March 2023 (in cr.)
Assets	540.38	411.09	282.42
Revenue	178.89	110.73	71.37
Profit After Tax	1.74	0.43	-12.83
EBITDA	80.46	64.74	29.88
Net Worth	54.79	28.79	1.22
Total Borrowing	130.67	101.05	33.20

Explanation

Dev Accelerator Limited’s revenue increased by 62% from ₹110.73 crores in March 2024 to ₹178.89 crores in March 2025. Moreover, the company’s PAT rose by 303% from ₹0.43 crores to ₹1.74 crores.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of Dev Accelerator IPO Limited.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	233.25
EPS (Earnings Per Share)	0.26
RoNW	3.24%
ROCE	25.95 %
ROE	–
EBITDA Margin	50.64%
Price to Book Value	7.94
Market Capitalisation	₹550.14 Cr

Dev Accelerator IPO Listing Expectations

The Dev Accelerator IPO allotment is still pending. However, according to current GMP or market sentiments, it is reasonable to expect higher listing gains from the share. A 16.39% jump in Dev Accelerator IPO GMP indicates that the estimated listing price per share will be approximately Rs 71.

It will provide higher listing gains to investors who applied for this IPO. Additionally, the financial fundamentals of this business made it the experts’ top long-term recommendations.

Dev Accelerator IPO Dates

IPO Open Date	10th September 2025
IPO Close Date	12th September 2025
Allotment	15th September 2025
Refund Date	16th September 2025
IPO Listing Date	17th September 2025

Note: IPO GMP is highly volatile, influenced by market sentiment. Hence, one should conduct their research before investing in it.