ListedMainboardDEVX

Dev Accelerator IPO

Dev Accelerator IPO is a mainboard IPO raising ₹143 Cr at ₹56 – ₹61 a share. It listed on 17 Sept 2025 and trades at ₹35 today, −43.4% against its issue price of ₹61. It was subscribed 64× in total.

61
Issue price
35
Price now
−43.4%
Since issue price
17 Sept 2025
Listed on
64×Subscribed (final) · all exchanges

64.0 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
69,01,95014,01,34,96520×
Foreign Institutional Investorsno separate quota4,73,93,860n/a
Domestic Financial Institutionsno separate quota7,56,70,000n/a
Mutual fundsno separate quota6,580n/a
Othersno separate quota1,70,64,525n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
34,50,97530,35,78,87588×
Non Institutional Investors23,00,65018,16,20,69079×
Corporatesno separate quota31,89,185n/a
Individualsno separate quota17,16,21,205n/a
Othersno separate quota68,10,300n/a
Non Institutional Investors11,50,32512,19,58,185106×
Corporatesno separate quota5,20,995n/a
Individualsno separate quota11,67,26,145n/a
Othersno separate quota47,11,045n/a
Retail
Ordinary investors bidding up to ₹2 lakh
23,00,65037,89,52,540165×
Cut Offno separate quota30,80,85,000n/a
Price bidsno separate quota7,08,67,540n/a
Employees1,64,50028,97,31518×
Cut Offno separate quota23,65,745n/a
Price Bidsno separate quota5,31,570n/a
Shareholders3,29,0001,54,55,48047×
Cut Offno separate quota1,13,66,950n/a
Price Bidsno separate quota40,88,530n/a
Total1,31,47,07584,10,19,17564×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:14 pm IST.

How demand built

Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.