Dev Accelerator Ltd IPO Day 1 Subscriptions Status: Check Bidding Details

Summary of IPO:

Dev Accelerator Ltd IPO consists of a fresh issue of ₹143.35. The IPO’s price band is ₹56 – ₹61 per share. The company’s shares will be listed on BSE, NSE on 17 Sep 25

The initial public offering of Dev Accelerator Ltd ended the first day with investors bidding 2.1367 times the available shares. The retail investor portion of the IPO was subscribed 7.0997 times the available shares on offer. Retail investors have 2,300,650 / 13,147,075 (17.50%) shares of the total issue reserved for them.

At the end of bidding on day 1, the qualified institutional buyers 7,557,600 / 28,090,960 (26.90%) portion of the IPO got bids for 1.095 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for 1.0473 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Dev Accelerator Ltd IPO

Fresh issue: 143.35 

Price Band: ₹56 – ₹ 61 per share 

Bid open dates: 10 Sep 25 

Allotment date: 15 Sep 25 

Listing date: 17 Sep 25