Dev Accelerator IPO Subscription.

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Dev Accelerator: Category QIB offered 69,01,950 shares, applied 14,01,34,965 shares, with a subscription of 20.30x, and total amount raised is 854.82 Cr. Category HNI offered 34,50,975 shares, applied 30,35,78,875 shares, with a subscription of 87.97x, and total amount raised is 1,851.83 Cr. Category BHNI (10L+) offered 23,00,650 shares, applied 18,16,20,690 shares, with a subscription of 78.94x, and total amount raised is 1,107.89 Cr. Category SHNI (2L - 10L) offered 11,50,325 shares, applied 12,19,58,185 shares, with a subscription of 106.02x, and total amount raised is 743.94 Cr. Category Retail offered 23,00,650 shares, applied 37,89,52,540 shares, with a subscription of 164.72x, and total amount raised is 2,311.61 Cr. Category Employees offered 1,64,500 shares, applied 28,97,315 shares, with a subscription of 17.61x, and total amount raised is 17.67 Cr. Category Share Holder offered 3,29,000 shares, applied 1,54,55,480 shares, with a subscription of 46.98x, and total amount raised is 94.28 Cr. Category Total offered 1,31,47,075 shares, applied 84,10,19,175 shares, with a subscription of 63.97x, and total amount raised is 5,130.22 Cr.

Dev Accelerator: For BHNI (10L+), 699 shares were reserved, 10,845 were applied, and the subscription was 15.52x. For SHNI (2L - 10L), 350 shares were reserved, 35,771 were applied, and the subscription was 102.20x. For Retail, 9,790 shares were reserved, 14,16,203 were applied, and the subscription was 144.66x. For Employees, - shares were reserved, 9,750 were applied, and the subscription was -. For Share Holder, - shares were reserved, 14,804 were applied, and the subscription was -. Total applications received were 14,87,373.

CategoryOfferedAppliedTimesTotal Amount (Rs Cr.)
QIB69,01,95014,01,34,96520.30x854.82
HNI34,50,97530,35,78,87587.97x1,851.83
BHNI (10L+)23,00,65018,16,20,69078.94x1,107.89
SHNI (2L - 10L)11,50,32512,19,58,185106.02x743.94
Retail23,00,65037,89,52,540164.72x2,311.61
Employees1,64,50028,97,31517.61x17.67
Share Holder3,29,0001,54,55,48046.98x94.28
Total1,31,47,07584,10,19,17563.97x5,130.22

Last Updated : 12 Sep, 2025 05:54:00 PM

CategoryReservedAppliedTimes
BHNI (10L+)69910,84515.52x
SHNI (2L - 10L)35035,771102.20x
Retail9,79014,16,203144.66x
Employees-9,750-
Share Holder-14,804-

Total Applications: 1487373

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)
    Institutions like banks, mutual funds, insurance companies, and other SEBI-registered entities fall under the QIB category. They typically invest large sums on behalf of clients or schemes.
  • Non-Institutional Investors (NII)
    This group includes high-net-worth individuals (HNIs), NRIs, trusts, and companies that apply for shares worth more than ₹2 lakhs. Unlike QIBs, SEBI registration is not required.

    NII is further split into:

    1. sNII (Applications below ₹10 Lakhs)
      Investors bidding between ₹2 lakhs and ₹10 lakhs fall in the Small NII (sHNI) bracket. One-third of the NII portion is set aside for them.
    2. bNII (Applications above ₹10 Lakhs)
      Investors applying for more than ₹10 lakhs are classified as Big NIIs (bHNI). Two-thirds of the NII shares are allocated to this sub-category.
  • Retail Individual Investors (RII)
    Individuals or NRIs applying for shares up to ₹2 lakhs are considered retail investors and are part of the RII quota.
  • Employee (EMP)
    This section is reserved for eligible employees of the company participating in the IPO.
  • Others
    Includes eligible shareholders or specific investors with a reserved quota as per the IPO policy.

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