Summary of this article
Dev Accelerator IPO Allotment status can be checked online on the NSE, BSE and Kfintech websites.
Subsequent to Dev Accelerator IPO allotment, shares of the company will list on the NSE and BSE on September 17.
The subscription window for Dev Accelerator’s initial public offering (IPO) closed on September 12, 2025. The co-working space operator’s public issue witnessed decent demand in the three-day bidding window, as it was oversubscribed 63 times across categories. The share allotment status of Dev Accelerator IPO will be finalised today, on September 15, 2025.
Dev Accelerator IPO Allotment
Applicants can check the share allotment status of their application on the website of the registrar, Kfin Technologies. The share allotment status of the flexible office space provider can also be checked on the BSE and NSE websites:
How To View Dev Accelerator IPO Allotment On NSE
· Visit the NSE website through the link: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
· Select ‘Equity IPO bid details’ from the options shown on screen
· Select 'Dev Accelerator' from the list
· Type in your IPO application number
· Select the 'submit' button by clicking on it
The allotment status of your application for Dev Accelerator IPO will be displayed on the screen.
How To Check Dev Accelerator IPO Allotment Status On BSE Website
· Go to BSE’s IPO application status viewing webpage: https://bseindia.com/investors/appli_check.aspx.
· A menu showing various issue types will be shown on the screen
· Select ‘Equity’ from the menu shown on screen
· Choose 'Dev Accelerator' from list of IPOs
· Input your IPO application number or PAN details
· Choose 'Search'
Your results will be shown on screen.
How to View Dev Accelerator IPO Share Allocation Status On Kfin Technologies Ltd
· Go to the registrar’s website using this link https://ipostatus.kfintech.com/
· Choose ‘Dev Accelerator Ltd’ from the dropdown list on screen
· Select your preferred search option:
· PAN, Application Number, DP/Client ID
· Type in your details and press Submit
The share allotment status of your application will be shown on screen
Dev Accelerator IPO Subscription Details
Dev Accelerator IPO was booked 63.97 times on September 12. Cumulatively, investors applied for 841 million shares against the 13.14 million shares offered for subscription. Dev Accelerator IPO retail portion was subscribed 164.72 times as investors placed bids for over 378.9 million shares against the 2.30 million shares set aside for the category.
Non-institutional investors (NIIs) applied for over 303.57 million shares of Dev Accelerator compared to the 3.40 million offered for subscription for the category, leading to the mainboard issue being booked 87.97 times. Qualified institutional buyers (QIBs) oversubscribed their quota in the IPO 35.86 times. QIBs investors placed bids for over 140.13 million shares compared to the 6.90 million shares reserved for them.
Employees of Dev Accelerator booked their quota in the public issue over 17 times, placing bids for 2.80 million shares compared to the 164,000 shares reserved for the category. Dev Accelerator shareholders placed bids for 15.40 million shares compared to the 329,000 lakh shares offered for subscription, booking the issue 46.98 times.
Dev Accelerator IPO GMP
Dev Accelerator shares are trading with a Grey Market Premium ranging from (Rs 8-9) on September 15, according to websites which track grey market activity. Dev Accelerator IPO price band ranges between Rs 56 and Rs 61. At the higher end of the price band, Dev Accelerator’s unlisted shares are quoting a grey market price of Rs 70 per share (Rs 61 + Rs 9), pointing towards a decent debut with a premium of more than 14 per cent.
Dev Accelerator IPO Details
Dev Accelerator IPO is worth Rs 143.35 crore and consists of an equity issue of 23.50 million shares. The price band was fixed at Rs 56-61 per share. The minimum lot size for retail individual investors interested in applying for Dev Accelerator IPO was fixed at one lot or 235 shares aggregating to an investment of Rs 14,335.
Dev Accelerator IPO Listing Date
Once the basis of allotment for Dev Accelerator IPO is finalised on September 15, refunds will be initiated for unsuccessful bidders on September 16. Successful allottees will receive shares of the sterile injectable maker in their demat accounts on September 16. Shares of Dev Accelerator will debut on the NSE and BSE on September 17.
