Dev Accelerator Ltd. Listed
Established in 2017, Dev Accelerator Limited, commonly known as DevX, provides flexible office spaces, including coworking environments. The company has expanded its presence to 15 centers across India, encompassing...
GREY MARKET PREMIUM
+₹0
▲ +0.00% vs issue price
Issue Price
₹61.00
Est. Listing Price
₹61.00
Lot Size
235
Issue Details
Open Date
2025-09-10
Close Date
2025-09-12
Allotment
2025-09-15
Face Value
₹2.00
Total Issue Size
2,35,00,000 shares (aggregating up to ₹143.35 Cr) Cr
Issue Type
Bookbuilding IPO
Exchange
NSE & BSE
Financials (₹ Cr)
| Period | Revenue | PAT | EBITDA | Net Worth |
|---|---|---|---|---|
| 31 Mar 2025 | 178.89 | 1.74 | 80.46 | 54.79 |
| 31 Mar 2024 | 110.73 | 0.43 | 64.74 | 28.79 |
| 31 Mar 2023 | 71.37 | -12.83 | 29.88 | 1.22 |
Key Ratios
Return on Capital Employed
25.95
Return on Net Worth
3.24
PAT / Revenue
1.00
EBITDA / Revenue
50.64
Debt to Equity
2.39
Price to Book Value
7.94
EPS Pre-Issue
0.26
EPS Post-Issue
0.19
P/E Pre-Issue
233.25
P/E Post-Issue
315.45
Objects of the Issue
- 1 Capital expenditure for fit-outs in the new Centres and for security deposits of the new Centres. — ₹73.12 Cr
- 2 Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of NCDs — ₹35.00 Cr
- 3 General corporate purposes — ₹19.26 Cr
Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
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