Market Performance
The IPO space has been buzzing in the stock market today, with Dev Accelerator’s maiden issue drawing strong investor attention. Over three days of bidding, from September 10 to September 12, the public issue saw subscription levels reaching nearly 64 times its offer size.
The strong response from investors turned Dev Accelerator into one of the most talked-about IPOs this week.
Dev Accelerator IPO: Allotment Details
The ₹143.35 crore IPO is being finalized today, September 15. Investors who applied can now check if they’ve received allotment. The issue consisted of a fresh issue of 2.47 crore equity shares at a price band of ₹56–₹61 per share.
How to Check Dev Accelerator IPO Allotment Status?
The allotment status can be checked online through the official registrar KFinTech, as well as on NSE and BSE. Here’s a quick step-by-step guide:
On KFin Technologies
- Visit the registrar’s official site: KFinTech IPO Status
- Select Dev Accelerator from the dropdown menu
- Enter application details like Application No., Demat ID, or PAN
- Click Submit
- Your allotment details will be visible on the screen
On NSE
- Go to the NSE IPO status page: NSE IPO Login
- Select Equity & SME IPO and choose Dev Accelerator
- Enter your Application Number or PAN
- Click Submit to view allotment result
On BSE
- Visit the BSE website
- Navigate to Investors → Status of Issue Application
- Choose Equity under issue type
- Enter Issue Name and PAN
- Click Search to know your allotment status
Company Snapshot: Dev Accelerator
Dev Accelerator, a coworking solutions provider, entered the market with this fresh issue to strengthen its presence across major Indian cities.
- Fund Raise: ₹143.35 crore through IPO
- Equity Shares Issued: 2.47 crore shares
- Price Band: ₹56–₹61 per share
- Total Area Under Management: 8.6 lakh sq. ft.
- Client Base: Over 250 clients
- Seats Available: 14,144 seats
- Centers: 28 across India
Presence Across Cities
The company operates in Delhi NCR, Hyderabad, Mumbai, Pune, Ahmedabad, Gandhinagar, Indore, Jaipur, Udaipur, Rajkot, and Vadodara.
Summary
The Dev Accelerator IPO allotment is being finalized today, September 15. With a ₹143 crore issue size, subscription of nearly 64 times, and strong demand from investors, the IPO has created significant buzz in the market.
Investors can check their allotment status on KFinTech, NSE, and BSE websites using application details or PAN numbers.
The company, with a fast-growing coworking presence across major cities and over 14,000 seats under management, has already positioned itself as a rising name in India’s flexible workspace market.
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