Dev Accelerator IPO Allotment is Now Declared: Step-by-Step Guide to Check on BSE, NSE and KFintech

New Delhi, September 16, 2025: The allotment for Dev Accelerator Ltd’s ₹143 crore IPO has been finalized, and many investors have already started receiving confirmation of allotment. Applicants can check their status on the BSE or NSE portals, or through the KFintech registrar website. For successful applicants, shares will be credited to their demat accounts today, September 16, 2025, while refunds for non-allottees are also being processed. The shares are scheduled to list on BSE and NSE on September 17, 2025.

Dev Accelerator Ltd is an Indian company that focuses on providing financial and business advisory services, particularly for small and medium-sized enterprises (SMEs) and start-ups. The company was established on 19th May 2011 and is headquartered in Mumbai, Maharashtra, India.

Record Demand for Dev Accelerator IPO at 84.10 Crore Shares

Dev Accelerator IPO of Dev Accelerator Ltd closed on September 12 with overwhelming demand. Overall, it was subscribed by a total of 63.97 times, receiving bids for 84.10 crore shares against 1.31 crore on offer. Retail investors subscribed the highest at 164.7 times, followed by NIIs at 88x and QIBs at 20.3x.

₹63.15 Crore from Anchor Investors

Ahead of the IPO, the company raised ₹63.15 crore from anchor investors by allocating them 1.03 crore shares at ₹61 each. Key investors included Finavenue Growth Fund, Sunrise Investment Opportunities Fund, and Universal Sompo General Insurance.

How to Check Dev Accelerator IPO Allotment Status

Steps to Check Dev Accelerator IPO Allotment Status Via BSE

Step 1: Visit: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Select ‘Equity’ as the issue type

Step 3: Choose ‘Dev Accelerator Limited’ from the dropdown

Step 4: Enter your Application Number or PAN

Step 5: Complete the CAPTCHA and click Search

Step 6: You will be able to see your allotment status

Steps to Check Dev Accelerator IPO Allotment Status Via NSE

Step 1: Go to: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Select ‘Equity & SME IPO Bid Details’

Step 3: Choose ‘Dev Accelerator Limited’

Step 4: Enter your PAN and Application Number

Step 5: Click Submit to view your allotment status

Steps to Check Dev Accelerator IPO Allotment Status Via Registrar Portal (KFintech)

Step 1: Visit: https://ipostatus.kfintech.com/

Step 2: Select ‘Dev Accelerator Limited’ from the dropdown

Step 3: Choose your preferred search option: PAN, Application Number, DP/Client ID

Step 4: Enter your details and click Submit

Step 5: You will be able to see your allotment status

Dev Acceler͏ator͏ Ltd’s ₹143͏ crore IPO closed with ͏bids for 84.10͏ crore͏ shares,͏ oversubscribed 63.97 times a͏cr͏oss ca͏tegori͏es. The com͏p͏a͏ny also r͏aised͏ ₹6͏3.15 crore from an͏chor investors ahead͏ of the issue. Allotm͏ent͏ r͏esul͏ts can now be checked v͏ia BSE,͏ NSE, an͏d KFintech͏ p͏ortals, with li͏st͏ing sc͏heduled on both exc͏hanges o͏n Se͏ptemb͏er 17, 2025.

Chances of Getting Shares in Dev Accelerator IPO

Given the overwhelming response, the Dev Accelerator IPO allotment is highly competitive. The retail portion alone was oversubscribed nearly 165 times, meaning only a fraction of applicants will receive shares largely determined by a lottery system for one lot per investor. For non-institutional investors, oversubscription of around 88 times also makes allotment probabilities slim. Institutional investors, however, saw lower oversubscription compared with retail, improving their relative chances. Overall, allotment is expected to be very limited for retail and NII applicants with most receiving refunds.

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