Dev Accelerator Ltd - IPO

Dev Accelerator Ltd IPO Details

Initial public offering of 23,500,000 equity shares of face value of Rs. 2/- each (equity shares) of Dev Accelerator Limited (company or issuer) for cash at a price of Rs. 61/- per equity share (including a share premium of Rs. 59/- per equity share) (issue price) aggregating to Rs. 143.35 crores ( issue) comprising a fresh issue of 23,500,000 equity shares by the company aggregating to Rs.14.34 crores ( fresh issue).

Objective of issue

Capital exp for fit outs in the new Centres and for security deposits of the new Centres. Repayment and /or pre-payment in full or part of certain borrowings availed by the company including redemption of NCDs. General corporate purposes.

Dev Accelerator Ltd Contact Details

Dev Accelerator Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - compliance@devx.work

Website - www.devx.work