Dev Accelerator IPO Allotment Status, Allotment Date, and GMP

The Dev Accelerator IPO allotment status will be available on Monday, September 15, 2025. Investors can check their allotment status on the NSE, BSE, or the official registrar’s website, MUFG Intime India Private Limited. The IPO opened on Wednesday, September 10, 2025, and by the end of Day 3, it was subscribed 64 times. Follow the simple steps below to check your Dev Accelerator IPO allotment status.

How to Check Dev Accelerator IPO Allotment Status on NSE

Below are the steps to check the Dev Accelerator IPO allotment status on NSE:

Step 1: Visit the NSE website page “Verify IPO Bids” 

Step 2: Select the IPO symbol “DEVX” from the dropdown menu.

Step 3: Enter the PAN No. and Application No 

Step 4: Click Submit.

Step 5: Once submitted, check the "Allotment Details" section for the IPO allotment status

How to Check Dev Accelerator IPO Allotment Status on BSE

Follow these simple steps to check the Dev Accelerator IPO allotment status on BSE:

Step 1: Visit the BSE “Status of Issue Application” page.

Step 2: Select the issue type as “Equity.”

Step 3: Select "Dev Accelerator Limited" from the Issue Name section.

Step 4: Enter your IPO Application number or PAN number.

Step 5: Tick the “I’m not a robot” box to verify your identity.

Step 6: Click the “Search” button to view the Dev Accelerator IPO allotment status.

How to Check Dev Accelerator Limited Allotment on the Kfin Technologies Website

Below are the steps to check the Dev Accelerator IPO allotment status on the Kfin Technologies  website:

Step 1: Visit the KFin Technologies “IPO Allotment Status” Page.

Step 2: Select Company “Dev Accelerator Limited” in the Select IPO dropdown menu.

Step 3: Select PAN/Application No/Demat Account in the selection menu.

Step 4: Enter “PAN No”/“Application No”/“DPID Client ID.”

Step 5: Enter Captcha

Step 6: Click on “Submit” to check the allotment status.

Dev Accelerator IPO Subscription

The Dev Accelerator IPO was subscribed 64 times on Day 3, with Retail Investors at 164.89 times, Non-Institutional Investors (NIIs) with a demand at 87.97 times, and Qualified Institutional Buyers (QIBs) at 20.30 times.

Dev Accelerator IPO Allotment Details

• IPO Open Date: Wednesday, September 10, 2025

• IPO Close Date: Friday, September 12, 2025

• Allotment Date: Monday, September 15, 2025

• Initiation of Refunds: Tuesday, September 16, 2025

• Credit of Shares to Demat: Tuesday, September 16, 2025

• Listing Date: Wednesday, September 17, 2025

The Dev Accelerator IPO has a total issue size of 2,35,00,000 shares (aggregating up to Rs 143.35 Cr). The issue price is fixed between Rs 56 to Rs 61 per share, and the minimum lot size is 235 shares, amounting to an initial investment of Rs 14,335 for retail investors.

Dev Accelerator IPO GMP

According to InvestorGain, the latest GMP (Grey Market Premium) for Dev Accelerator IPO is 16.39% as on 12th September 2025 (8:00 P.M), which means the shares are expected to list at Rs 71, giving investors an estimated profit of Rs 2,350 per lot.

Company Overview of Dev Accelerator Limited

Dev Accelerator Limited, popularly known as DevX, is a prominent flexible office space provider in India, established in 2017. With 28 centers across 11 cities, including Delhi-NCR, Hyderabad, Mumbai, and Pune, it manages approximately 8,60,522 sq. ft. of workspace, offering 14,144 seats. Serving over 250 clients, its portfolio spans multinational corporations, large enterprises, and SMEs. DevX provides coworking and managed office solutions designed for modern business needs, with customizable layouts and flexible lease options aligned with evolving remote work trends. Positioned as one of the largest managed space operators in India’s Tier 2 cities, the company emphasizes a customer-centric approach, integrated business model, and swift office delivery, establishing itself as a key player in the flexible workspace industry.

Quick Steps to Invest in IPOs with Rupeezy

Step 1: Download the Rupeezy Trading App 

Step 2: Register and Complete Verification

Step 3: Open the app and navigate to the IPO Section 

Step 4: Select “DEVX IPO”

Step 5: Click on Apply