Dev Accelerator files draft IPO papers - Check details

2 hours ago 1

Dev Accelerator Limited, promoted by Dev Information Technology Limited (Dev IT), a planetary accusation exertion (IT) services institution providing unreality services, integer transformation, endeavor applications, and managed IT services, has filed draught reddish herring prospectus for an IPO.

Dev IT is simply a promoter and 1 of the largest shareholders of DevX

The IPO consists wholly of a caller contented of 2.47 crore equity shares (face worth of Rs 2), with plans to database connected some the NSE and BSE.

Dev Accelerator Limited has appointed Pantomath Capital Advisors Private Limited arsenic publication runner pb manager. Also, KFIN Technologies Limited is the registrar of the issue.

This superior infusion volition alteration DevX to grow its footprint successful large cities, including Mumbai, Gurugram, Noida, Pune, Chennai, GIFT City, Ahmedabad, Vadodara, Rajkot, Surat, Goa, and Jaipur. As of August 31, 2024, DevX had 25 centres successful much than 10 cities, including Ahmedabad, Vadodara, Hyderabad, Delhi, and Udaipur.

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