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Dev Accelerator IPO News: Ahmedabad-headquartered flexible office space provider Dev Accelerator's initial public offer, to raise around Rs 143 crore, ends for subscription on Friday, September 12. The IPO comprises the issuance of fresh shares without an offer-for-sale (OFS), which means that the entire proceeds will go to the company.
Here's everything you need to know about this IPO, especially if you are planning to bid for or have already applied for shares under the offer:
Dev Accelerator IPO | Issue price, lot size and important dates
Under the IPO, Dev Accelerator shares are available for bidding in a price range of Rs 56-61 apiece in multiples of 235 units.
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This translates to Rs 13,160-14,335 per lot. For the unversed, this is the amount of money that participants need to register their bids for the IPO.
The allotment will tentatively be finalised on September 15 followed by a listing on stock exchanges BSE and NSE tentatively on September 17.
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