Dev Accelerator IPO Subscription Status
Dev Accelerator IPO was subscribed 64 times when bidding closed on 12 Sep 2025: QIB 20.3x, NII 87.97x, Retail 164.89x.
The Dev Accelerator IPO has been subscribed 64x times overall. Retail investors have shown interest with bids for 164.89x the shares available. The Non-Institutional Investor (NII) category has been subscribed 87.97x. Within NII, Big HNI (B-HNI) subscribed 78.94x and Small HNI (S-HNI) subscribed 106.01x. Qualified Institutional Buyers (QIBs) have subscribed 20.3x. Data last updated on 10 Nov, 01:05 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 10 Sep, 2025 and closes on 12 Sep, 2025. The shares are expected to list on stock exchanges on 17 Sep, 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 20.3x |
| NII | - of - - | 87.97x |
bHNI — bid amount above ₹10 Lakh |
- - | 78.94 |
sHNI — bid amount ₹2–10 Lakh |
- - | 106.01 |
| Retail | - of - - | 164.89x |
| Shareholder | - of - - | 46.97x |
| Employee | - of - - | 17.6x |
| TOTAL | - 14,37,301 applications - | 64x |
Dev Accelerator IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹61.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 35.82x subscribed | 14,37,301 | 12,555 | 1 out of 1141 out of 114 |
Dev Accelerator IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 165 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 20.3x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
12 Sep 2025
Day 3 |
64x | ▼ | |
|
QIB20.3x
BHNI78.94x
SHNI106.01x
Retail164.89x
Employee17.6x
|
|||
|
11 Sep 2025
Day 2 |
16.14x | ▼ | |
|
QIB2.4x
BHNI12.08x
SHNI22x
Retail59.6x
|
|||
|
10 Sep 2025
Day 1 |
5.41x | ▼ | |
|
QIB1.16x
BHNI4.28x
SHNI4.87x
Retail19.96x
|
|||
Dev Accelerator IPO dates
From the bidding window to listing. Today is 10 November.
- Open 10 Sep 2025
- Close 12 Sep 2025
- Allotment 15 Sep 2025
- Refund/credit 16 Sep 2025
- Listing 17 Sep 2025
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND | FINAVENUE | ₹10.00 Cr | 15.83% | |
| 2 | SUNRISE INVESTMENT OPPORTUNITIES FUND | SUNRISE | ₹7.15 Cr | 11.32% | |
| 3 | VPK GLOBAL VENTURES FUND - SCHEME 1 | VPK GLOBAL VENTURES | ₹6.00 Cr | 9.50% | |
| 4 | UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED | UNIVERSAL SOMPO GENERAL | ₹5.00 Cr | 7.92% | |
| 5 | ABANS FINANCE PRIVATE LIMITED | ABANS FINANCE | ₹5.00 Cr | 7.92% | |
| 6 | CHATTISGRAH INVESTMENTS LIMITED | CHATTISGRAH INVESTMENTS | ₹5.00 Cr | 7.92% | |
| 7 | MERU INVESTMENT FUND PCC | MERU INVESTMENT | ₹5.00 Cr | 7.92% | |
| 8 | SB OPPORTUNITIES FUND II | SB OPPORTUNITIES FUND | ₹5.00 Cr | 7.92% | |
| 9 | SHINE STAR BUILD-CAP PVT.LTD. | SHINE STAR | ₹5.00 Cr | 7.92% | |
| 10 | VBCUBE VENTURES FUND | VBCUBE | ₹5.00 Cr | 7.92% | |
| 11 | VENUS INVESTMENTS VCC-VENUS STELLAR FUND | VENUS INVESTMENTS | ₹5.00 Cr | 7.92% | |
| TOTAL | ₹63.15 Cr | 100.01% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Dev Accelerator IPO?
As of IPO close date (12 Sep, 2025), the Dev Accelerator IPO is subscribed 64x times. Retail category is 164.89x, and NII is 87.97x subscribed.
When is the allotment date for Dev Accelerator IPO?
The allotment for Dev Accelerator IPO is expected to be finalized on 15 September, 2025.
What is the GMP of Dev Accelerator?
The Grey Market Premium (GMP) for Dev Accelerator is currently ₹1, indicating a potential listing gain of 2%.
When will Dev Accelerator IPO list on the stock market?
Dev Accelerator is scheduled to list on BSE and NSE on 17 September, 2025.
What are the chances of getting allotment in Dev Accelerator IPO?
The retail category is oversubscribed at 164.89x, meaning allotment is by lottery. Statistically, approximately 1 in 165 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 20.3x mean for Dev Accelerator IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 20.3x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Dev Accelerator IPO allotment status?
After the allotment date (15 Sep, 2025), you can check your Dev Accelerator IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Dev Accelerator IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
