The Dev Accelerator IPO is one of the most talked-about issues in September 2025. With a grey market premium (GMP) of ₹9 on Day 1, investors are keen to know whether this IPO has the potential to deliver strong listing gains and possibly long-term multibagger returns.
About Dev Accelerator IPO
Dev Accelerator, known for its flexible workspace solutions under the DevX brand, operates across major Indian cities. The company provides co-working hubs for startups, corporates, and enterprises, aiming to scale further with this IPO. The issue size is ₹143 crore, entirely a fresh issue of 2.35 crore shares.
IPO Details
- IPO Name: Dev Accelerator IPO
- Price Band: ₹56 – ₹61 per share
- IPO Open Date: September 10, 2025
- IPO Close Date: September 12, 2025
- Lot Size: 235 shares (₹13,160 – ₹14,335 per lot)
- Listing Date: Expected on September 17, 2025
- Exchange: NSE & BSE
Subscription Status
The IPO witnessed strong demand on Day 1 with an overall subscription of 5.3×. The retail segment was oversubscribed nearly 19.5×, reflecting strong retail enthusiasm. QIB and NII participation was also healthy, building confidence in the offering.
GMP Today – ₹9 Premium
As of today, the Dev Accelerator IPO GMP is reported at around ₹9. Based on the upper price band of ₹61, this suggests a potential listing price near ₹70, translating into an estimated 15% premium. However, GMP is only an indicator and should not be the sole factor for investment decisions.
Dividend, Bonus & Multibagger Outlook
Currently, the company has not announced any dividend or bonus plans with the IPO. The focus remains on expansion and strengthening balance sheets. Long-term investors see potential in the growing co-working sector, but whether Dev Accelerator can become a multibagger will depend on execution and profitability in coming years.
Stock Market Perspective
Analysts believe that with strong demand in the co-working and managed office segment, Dev Accelerator is entering the market at the right time. The GMP trend and subscription levels indicate a positive debut, but long-term growth depends on consistent financial results and scaling beyond Tier 1 cities.
FAQ
Q. What is the GMP of Dev Accelerator IPO today?
A: The GMP is around ₹9, indicating a possible listing at about ₹70 per share.
Q. What are the IPO open and close dates?
A: The IPO opened on September 10, 2025, and will close on September 12, 2025.
Q. What is the price band of Dev Accelerator IPO?
A: The price band is set at ₹56 to ₹61 per share.
Q. When is the listing date?
A: The expected listing date is September 17, 2025, on NSE and BSE.
Q. Is Dev Accelerator IPO a multibagger opportunity?
A: While the sector has growth potential, multibagger returns depend on execution, profitability, and future expansion. GMP and subscription trends only reflect short-term sentiment.
Disclaimer
This article is for informational purposes only. The Dev Accelerator IPO GMP today and subscription details are based on market updates. It should not be considered as investment advice. Investors are advised to consult financial experts before investing.
