India, Sept. 9 -- Dev Accelerator Limited will launch its initial public offering (IPO) on Wednesday, September 10, 2025, with a price band set between Rs 56 and Rs 61 per equity share. The issue will close on Friday, September 12, 2025, while the anchor investor bidding is scheduled for Tuesday, September 9, 2025. Investors can bid for a minimum of 235 equity shares and in multiples thereof.
The IPO consists entirely of a fresh issue of equity shares aggregating up to Rs 1,433.50 million (Rs 143.35 crore at the upper end of the price band). There is no offer for sale component. The company plans to use the proceeds to fund capital expenditure for fit-outs in its proposed centers estimated at Rs 731.16 million (Rs 73 crore), repay or pre-p...