Dev Accelerator LimitedIPO Timeline
About Dev Accelerator Limited
The company is one of the largest flex space operators in terms of operational flex stock in Tier 2 markets. Specializing in complete Built to Suit Managed Office Solutions for enterprises, the company has established a presence across 15 submarkets in India across Tier 1 markets of Delhi NCR, Hyderabad, Mumbai, Pune and Tier 2 markets of Ahmedabad (including Gandhinagar), Indore, Jaipur, Udaipur, and Vadodara. In addition to these, the company also has an operational Centre in Rajkot. The company commenced its operations in 2017 offering comprehensive office space solutions tailored to the needs of diverse businesses. The company provides integrated services from sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. As on August 31, 2024, the company serviced over 230 clients and have 25 Centers across 11 cities in India.
Dev Accelerator Limited Subscription Status
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| TBA | 0 | 0 | 0 | 0 |
| TBA | 0 | 0 | 0 | 0 |
Dev Accelerator Limited Financial Status
| Particulars (in Rs. Crores) | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 540.38 | 411.09 | 282.42 |
| Total Income | 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 |
Dev Accelerator Limited SWOT Analysis
Strengths
- Pan-India presence with consistently high occupancy rates across our centers.
- Delivering strong financial and operating metrics.
- Customer-centric business model with an integrated platform approach, ensuring long-term relationships with customers.
- Experienced Promoters and management team with deep industry expertise.
Risks
- With over 80% of revenue from IT/ITES clients, losing their business could harm the company’s financial health.
- High capital needs may require financing, risking the company’s operations and finances.
- The company’s growth relies on customer relationships; poor experiences may hurt client retention, growth, and profits.
- Long-term fixed leases for 65% of our seats may hurt liquidity, operations, and profits.
Frequently Asked Questions
What is the issue size of Dev Accelerator Ltd. IPO?
The issue size for Dev Accelerator Ltd. IPO is ₹143.35 Cr
What is 'pre-apply' for Dev Accelerator Ltd. IPO?
The issue size for Dev You can apply for the Dev Accelerator Ltd. IPO 2 days before the official subscription period begins using the pre-apply option.
How can I pre-apply for Dev Accelerator Ltd. IPO?
Pre-applying for the Dev Accelerator Ltd. IPO lets you apply before it officially opens. Click on the Apply Now link to apply for Dev Accelerator Ltd. IPO on Religare Broking.
If I pre-apply for Dev Accelerator Ltd. IPO, when will my order get placed?
Your order will be submitted to the exchange as soon as bidding for Dev Accelerator Ltd. begins. You will receive a UPI request within 24 hours after the bidding starts.
When will I know if my Dev Accelerator Ltd. IPO order is placed?
We will notify you when your Dev Accelerator Ltd. order is placed with the exchange.
What are the open and close dates of the Dev Accelerator Ltd. IPO?
The open date is 10 Sep’2025 and the closing date is 12 Sep’’2025
What is the lot size of the Dev Accelerator Ltd. IPO?
The lot size of the IPO is 235 shares
What is the price band of the Dev Accelerator Ltd. IPO?
The price band of the IPO is ₹56 to ₹61 per share
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