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  1. Dev Accelerator IPO allotment status today: How to check online on KFin Technologies, NSE, BSE

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Dev Accelerator IPO allotment status today: How to check online on KFin Technologies, NSE, BSE

Kamal Joshi

3 min read | Updated on September 15, 2025, 12:42 IST

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SUMMARY

Dev Accelerator IPO allotment status today: The initial public offering was just a fresh issuance of 2.35 crore shares, aggregating to ₹143.35 crore. The price range was set at ₹56 to ₹61 per share.

Dev Accelerator Ltd, which operates under the DevX brand, is promoted by the listed company Dev Information Technology Ltd. | Image: devx.work

Dev Accelerator Ltd, which operates under the DevX brand, is promoted by the listed company Dev Information Technology Ltd. | Image: devx.work

Dev Accelerator IPO allotment status is likely to be finalised on Monday, September 15, 2025, after the successful bidding period. The bid finalisation details will be available on the portals of the National Stock Exchange (NSE), BSE and registrar KFin Technologies.

The issue secured 63.97 times subscription, with bids for 84,10,19,175 shares as against 1,31,47,075 shares on offer. The retail investors' portion fetched 164.72 times subscription. The quota for non-institutional investors (NIIs) got 87.97 times subscription, while the qualified institutional buyers (QIBs) category got booked 20.30 times.

Dev Accelerator, which operates under the DevX brand, is promoted by the listed company Dev Information Technology Ltd.

The initial share sale was just a fresh issuance of 2.35 crore shares, aggregating to ₹143.35 crore. The price range was set at ₹56 to ₹61 per share.

The money generated will be utilised for repayment of certain borrowings, capital expenditure for fit-outs in the proposed centres and general corporate purposes.

Dev Accelerator IPO allotment date and time: When and where to check status

Dev Accelerator IPO's allotment status is expected to be finalised on Monday, September 15. The allotment details are likely to be available by late evening.

Dev Accelerator IPO allotment online on NSE; step-by-step guide

How to check Dev Accelerator IPO allotment online on BSE

  • Go to BSE's allotment page at https://bseindia.com/investors/appli_check.aspx
  • 'Equity' should be kept as the issue type
  • Select ‘Dev Accelerator Limited’ from issue name dropdown
  • Enter any one: IPO application number or PAN
  • Click on the 'Search' button to view IPO application status

Steps to check Dev Accelerator IPO allotment online on KFin Technologies

  • Visit KFin Technologies' website: https://ipostatus.kfintech.com/
  • Click on ‘Dev Accelerator Ltd’ from the ‘Select IPO’ section
  • Identify yourself with PAN, Demat account number or IPO application number
  • Press ‘Submit’

Dev Accelerator IPO listing date and time: When will shares be listed?

Equity shares of the Dev Accelerator IPO will debut on BSE and NSE on Wednesday, September 17, at 10 am.

Dev Accelerator is a flex space operator, having a presence in Tier 1 and Tier 2 cities across India.

Dev Accelerator IPO GMP

According to media reports and investorgain.com, unlisted shares of Dev Accelerator Ltd are trading at ₹69 per share, reflecting a grey market premium of 13.11% over the upper price band of ₹61.

Disclaimer: Grey Market Premium, or GMP, is an unofficial indicator of market sentiment toward an IPO. It is not regulated by the stock exchanges or SEBI. Upstox neither supports nor encourages grey market trading. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
To learn more about IPOs, their listings, schedules, and upcoming IPOs, visit our page.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.