To apply for the Dev Accelerator IPO, investors can log in to their trading or demat account through their broker’s platform or a supported online investment application. Once logged in, they need to navigate to the IPO section and select “Dev Accelerator IPO” from the list of active offerings. The next step is to enter the desired number of lots, keeping in mind the minimum lot size of 235 shares, and choose a bid price within the range of ₹56 to ₹61 per share. Investors are then required to provide their UPI ID for payment authorisation, ensure sufficient funds are available in the linked account, and approve the UPI mandate before 5 PM on September 12, 2025. A confirmation message from the broker or platform indicates successful submission of the IPO application.
For complete details on this public offering, visit the Dev Accelerator IPO page on our website.
Dev Accelerator IPO Application Process
The Dev Accelerator IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Step 1: Login to Your Trading Platform
Access your trading account using the broker's app or website.
Step 2: Navigate to the IPO Section
Go to the IPO section to view active IPO listings.
Step 3: Select the Open IPO and Click Apply
Locate Dev Accelerator IPO in the list of available IPOs and click the ‘Apply’ button.
Step 4: Enter the Quantity of Shares You Wish to Apply For
Specify the number of shares (minimum lot size: 235 shares) within the price band of ₹56 to ₹61 per share.
Step 5: Provide Your UPI ID
Enter your UPI ID for payment authorization and ensure sufficient funds in your bank account.
Step 6: Confirm the Application
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Step 7: Complete the Process and Wait for Allotment
Submit the application and monitor the allotment status to check if shares have been allocated to you.
Additional Read: Dev Accelerator IPO Investment Guide: Objectives & Opportunities
About Dev Accelerator IPO: Overview and Key Facts
Dev Accelerator Limited, also known as DevX, was incorporated in 2017 and operates in the flexible office space segment. The company provides coworking spaces, managed offices, and customised workspace solutions to corporates, SMEs, and multinational organisations. Over the years, it has expanded its operations to multiple Tier 1 and Tier 2 cities, including Delhi-NCR, Hyderabad, Mumbai, Pune, Ahmedabad, and Jaipur, while also preparing to open its first overseas centre in Sydney, Australia.
The IPO of Dev Accelerator Ltd. is scheduled to open for subscription on September 10, 2025, and will close on September 12, 2025. The issue size comprises 2,35,00,000 equity shares, aggregating up to ₹143.35 crore, with a price band fixed between ₹56 to ₹61 per share. The company plans to list its shares on both BSE and NSE.
Funds raised from the IPO will be utilised for capital expenditure on new centres, repayment or prepayment of certain borrowings, redemption of non-convertible debentures, and general corporate purposes. With its mix of leasing models and support from its design subsidiary, Neddle and Thread Designs LLP, Dev Accelerator positions itself as an integrated platform for flexible workspace solutions, offering sourcing, customisation, and asset management under one framework.
To check your application status, visit the Dev Accelerator IPO Allotment Status page on Bajaj Broking’s website.