Dev Accelerator Ltd. has announced public offering of 23500000 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 59.00 per share. The gross proceeds of the issue are expected to be Rs 14,335.00 lakhs.

The company's initial public offer (IPO) will open on 10 September 2025 and is expected to close on 12 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 56.00-61.00 per share.

The IPO includes a fresh Issue of 23500000 Equity Shares of the Company at an price of Rs 61.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 235 shares with bids in multiples of 235.

Dev Accelerator Ltd. anticipates using the proceeds of the issue for .

Pantomath Capital Advisors Pvt. Ltd. as lead manager & KFin Technologies Ltd. is the registrar, to the issue.