India’s flex office market is growing fast and rising from 18.6 mn sq. ft. in 2018 to 74 mn in 2024, and likely doubling to approximately 129 mn by 2028. Dev Accelerator has been working in the same field for a long time and is soon launching its IPO.
The Dev Accelerator IPO manager is Pantomath Capital, while the registrar is KFin Technologies. Check here to get your allotment status.
See the Dev Accelerator IPO DRHP and RHP for more details.
Note: Half of the Dev Accelerator IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.
Find out everything about the Dev Accelerator company by looking at this profile:
See all the important information about the Dev Accelerator IPO India.
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Let’s find out all the risks and strengths this company has:
Strengths
Among the largest flex space operators in Tier 2 cities, with approximately 88% occupancy.
India’s flex space market is growing fast, set to double by 2028.
Expanding with 8 new centres (approximately 941k sq. ft.) in the next two years.
Presence in 11 cities with steady growth in seats and area.
Risks
The company does not own the land or buildings of its centres.
Failure to gain expected returns may hurt its financial performance.
The company’s growth depends on securing the right properties at good rental terms in preferred locations.
Agreements for new centres are still pending, which could affect operations if not finalised.
The Dev Accelerator IPO GMP has not been released yet. You can review the company profile and check the GMP updates here to make a better decision. Before applying, you must see the Dev Accelerator IPO subscription status numbers. Apply now.
1. How is the Dev Accelerator IPO review?
Dev Accelerator is seen as a helmet company that wants to expand its capital as a key objective. For the latest sentiment, you can look for the GMP updates from the Dev Accelerator IPO calculators.
2. What is the Dev Accelerator IPO date?
The IPO opening date is 10 Sept 2025 and the closing date is 12 Sept 2025. One should monitor its live subscription details in real time.
3. What is the Dev Accelerator limited share price?
The share price is ₹56 to ₹61. The final issue price will fall within this range. Also, don't forget to check the Dev Accelerator IPO allotment details.
4. Should I use a demat account to bid for the Dev Accelerator IPO?
Yes, a demat account is required to bid for the Dev Accelerator IPO. Click here to get the ultimate list of the top demat account providers.