Dev Accelerator Ltd
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compliance@devx.work Website:www.devx.work
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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").
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Dev Accelerator Ltd
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Rs Cr |
Lead Managers to the Issue |
127.38 |
Pantomath Capital Advisors Pvt Ltd |
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143.35 |
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18.04 |
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Rs.
61.00
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Projects |
Capital exp for fit outs in the new Centres and for security deposits of the new Centres
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Repayment and /or pre-payment in full or part of certain borrowings availed by the company including redemption of NCDs
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General corporate purposes
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Parth Naimeshbhai Shah |
Rushit Shardulkumar Shah |
Umesh Satishkumar Uttamchandan |
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