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Dev Accelerator IPO

Technology - Listed on 17 September 2025

0.0% listing gain
Issue Price (Upper)
Rs 61
Listing Price
Rs 61
Closing Price (NSE)
Rs 64.05
Total Subscription
63.97x

Dev Accelerator IPO listing summary

Dev Accelerator (Technology) closed its IPO window in 2025 and listed on NSE and BSE on 17 September 2025 at an upper band issue price of Rs 61, opening at Rs 61 for a listing gain of 0.0% and closing day one at Rs 64.05 (+5.0% on closing basis). The IPO was subscribed 63.97x overall - QIB 20.30x, HNI/NII 87.97x, Retail 164.50x. The total issue size was Rs 143.35 Cr (Fresh Issue Rs 143.35 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
0.00%
Listing Gain (Close)
+5.00%
Day Change After Listing
+5.00%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB20.30x
HNI / NII87.97x
Retail164.50x
Overall63.97x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 15.33x
Day 216.08x
Day 3 (Final)63.97x

Dev Accelerator IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 10+16.39%
Day 2Rs 10+16.39%
Day 3Rs 11+18.03%
Day 4Rs 11+18.03%
Day 5Rs 8+13.11%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
13.1%-18.0%
IPOGyani AI Prediction
-
Actual Listing Gain
0.0%

Issue & financials

Issue SizeRs 143.35 Cr
Fresh IssueRs 143.35 Cr
OFSRs 0 Cr
IPO PE321.05
Peer / Sector PE60.95
PE vs Sector Ratio1.27
Latest EBITDA (Cr)50.64
Debt / Equity2.39

Market context at listing

How the broader market moved around the Dev Accelerator IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+0.01%
Nifty 1W Return+0.01%
Nifty 1M Return+0.01%
Nifty during IPO window+0.01%

Dev Accelerator IPO - FAQs

What was the listing gain of Dev Accelerator IPO?

Dev Accelerator IPO listed at 0.0% versus the upper issue price of Rs 61 on 17 September 2025.

How many times was Dev Accelerator IPO subscribed?

Dev Accelerator IPO was subscribed 63.97x overall. QIB portion was subscribed 20.30x, HNI / NII 87.97x and Retail 164.50x.

What was the IPO GMP for Dev Accelerator?

IPO GMP started at Rs 10 on Day 1 and moved to Rs 8 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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