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R
anubhai
angaldas Securities Pvt. Ltd.
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IPO Synopsis
Dev Accelerator Ltd
Registered Office: No. C-01 The First Commercial-, Complex Vastrapur, Ahmedabad - 380015, Gujarat
Phone: 1
Email:
1
Website:
1
Initial public offering of 23,500,000 equity shares of face value of Rs. 2/- each ("equity shares") of Dev Accelerator Limited ("company" or "issuer") for cash at a price of Rs. 61/- per equity share (including a share premium of Rs. 59/- per equity share) ("issue price") aggregating to Rs. 143.35 crores ( "issue") comprising a fresh issue of 23,500,000 equity shares by the company aggregating to Rs.14.34 crores ( "fresh issue").
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
10-Sep-2025
12-Sep-2025
61.00 - 0.00
0.00 - 0.00
Cr.
Lead Managers to the Issue
Project Cost
127.38
Project Financed through Current Offer
143.35
Post Issue Equity Share Capital
18.04
Issue Price
61.00
Projects
Capital exp for fit outs in the new Centres and for security deposits of the new Centres
Repayment and /or pre-payment in full or part of certain borrowings availed by the company including redemption of NCDs
General corporate purposes
Promoted By
Parth Naimeshbhai Shah
Rushit Shardulkumar Shah
Umesh Satishkumar Uttamchandan
BSE
NSE
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for
all debit and other important transactions
in your demat account directly from CDSL on the same day......................
issued in the interest of investors.
| "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary." Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.