Sharekhan

Dev Accelerator Ltd

Wed 17/09/2025,10:59:57 | NSE : DEVX

₹ 64.043.04 (4.98%)

Data is delayed. Analysis is best done in real-time! Open a FREE Sharekhan Demat A/c in 15 mins* and continue your analysis with real-time data.

Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 61.00

Previous Close

₹ 61.00

Volume

5893888

Mkt Cap ( Rs. Cr)

₹577.56

High

₹ 64.05

Low

₹ 59.00

52 Week High

₹ 0.00

52 Week Low

₹ 0.00

Book Value Per Share

₹ 6.20

Dividend Yield

0.00

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on Dev Accelerator Ltd

Your Vote -

Buy

50.00%

Hold

0.00%

Sell

50.00%

50.00%

2 users have voted

No Records Found

Option Chain

Analyzes market sentiment, predicts Dev Accelerator Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Dev Accelerator IPO to Open on Sept 10; Price Band Fixed at Rs 56–61 Per Share

    9 Sep 2025, 10:49AM Dev Accelerator Limited will launch its initial public offering (IPO) on Wednesday, September 10, 2025, with a price band set between Rs 56 and Rs 61

Key fundamentals

Evaluate the intrinsic value of Dev Accelerator Ltd stock 

Name March-25 March-24 March-23 March-22
Assets 181.9881 130.039 33.2196 11.8192
Liabilities 181.9881 130.039 33.2196 11.8192
Equity 13.3375 0.0136 0.0122 0.0108
Gross Profit 76.051 64.1388 30.4801 14.2094
Net Profit 1.4889 0.5104 -12.7719 -7.4449
Cash From Operating Activities 94.6357 16.3249 27.4591 13.4575
NPM(%) 1.16 0.52 -20.85 -30.89
Revenue 127.261 98.043 61.239 24.0995
Expenses 51.21 33.9042 30.7589 9.8901
ROE(%) 2.66 0.91 -22.84 -13.31

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Dev Accelerator Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
AVP Infracon Ltd 176.00 -0.09 13.21 0.00 132.51 0.00
Greenply Industries Ltd 322.65 0.70 46.36 0.00 733.76 0.15
Greenpanel Industries Ltd 308.20 0.57 173.15 0.00 588.03 0.00
Archidply Industries Ltd 108.00 4.49 0.00 0.00 -37.04 0.00

Company Info

Our business originally started as a limited liability partnership under the name and style of "Dev Accelerator LLP" on September 14, 2017 under the Limited Liability Partnership Act, 2008, pursuant to a certificate of incorporation issued by the RoC with Rushit Shardulkumar Shah, Umesh Satishkumar Uttamchandani, Parth Naimeshbhai Shah and Dev Information Technology Limited as its partners. Subsequently, Parashwanath Land Organisers LLP joined Dev Accelerator LLP on July 1, 2019. Pursuant to a No Objection Certificate and an Affidavit cum Declaration, from the erstwhile partners of Dev Accelerator LLP dated August 13, 2020, the limited liability partnership was converted into a private limited company and a certificate of incorporation dated September 05, 2020 was issued by the Registrar of Companies, Central Registration Centre under the name and style of `Dev Accelerator Private Limited'. Our Company was further converted into a public limited company pursuant to a special resolution passed by our Shareholders at the extra-ordinary general meeting held on July 12, 2024 and a fresh certificate of incorporation consequent upon conversion to public limited company dated September 3, 2024 was issued by the RoC. The name of our Company was changed to its present name, `Dev Accelerator Limited'.Major Events and Milestones:2017- Started the business as a limited liability partnership on September 14, 2017 under the name and style of "Dev Accelerator LLP".2018- Launched our first Center in Ahmedabad, admeasuring 49,035 sq. ft. with 1,250 seating capacity.- Launched our first Center in Vadodara, admeasuring 30,320 sq. ft. with a capacity of 550 seats.2019- Launched our first Center in Mumbai admeasuring 21,000 sq. ft. with a capacity of 400 seats.- Added a new Center in Ahmedabad, admeasuring 25,509 sq. ft. with 550 seating capacity.2020- Converted the limited liability partnership into a private limited company on September 5, 2020 under the name and style of `Dev Accelerator Private Limited'.- Launched our first Center in Hyderabad, admeasuring 35,564 sq. ft. with a capacity of 700 seats.2021- Added two new Centers in Ahmedabad admeasuring 36,002 sq. ft. with a capacity of 380 seats.2022- Launched our first Center in Rajkot, admeasuring 22,173 sq. ft. with a capacity of 280 seats.- Launched our first Center in Pune, admeasuring 18,682 sq. ft. with a capacity of 400 seats.- Launched our first Center in Noida, admeasuring 55,866 sq. ft. with a capacity of 800 seats.- Launched our first Center in Noida, admeasuring 30,900 sq. ft. with a capacity of 350 seats.- Added a new Center in Mumbai, admeasuring 23,470 sq. ft. with a capacity of 500 seats.- Added two new Centers in Ahmedabad admeasuring 179,010 sq. ft. with a capacity of 1960 seats.- Added a new Center in Pune, admeasuring 18,987 sq. ft. with a capacity of 350 seats.2023- Launched our first Center in Indore, b admeasuring 19,204 sq. ft. with a capacity of 255 seats.2024- Launched our first Center in Udaipur, admeasuring 13,333 sq. ft. with a capacity of 110 seats.- Added two new Centers in Ahmedabad admeasuring 23,886 sq. ft. with a capacity of 480 seats.- Our private limited company was converted into a public limited company and received fresh Certificate of Incorporation on September 3, 2024.2025- Added a new Center in Pune, admeasuring 28,400 sq. ft. with a capacity of 369 seats.- Added two new Centers in Hyderabad admeasuring 25,487 sq. ft. with a capacity of 385 seats. 

Our business originally started as a limited liability partnership under the name and style of "Dev Accelerator LLP" on September 14, 2017 under the Limited Liability Partnership Act, 2008, pursuant to a certificate of incorporation issued by the RoC with Rushit Shardulkumar Shah, Umesh Satishkumar Uttamchandani, Parth Naimeshbhai Shah and Dev Information Technology Limited as its partners. Subsequently, Parashwanath Land Organisers LLP joined Dev Accelerator LLP on July 1, 2019. Pursuant to a No Objection Certificate and an Affidavit cum Declaration, from the erstwhile partners of Dev Accelerator LLP dated August 13, 2020, the limited liability partnership was converted into a private limited company and a certificate of incorporation dated September 05, 2020 was issued by the Registrar of Companies, Central Registration Centre under the name and style of `Dev Accelerator Private Limited'. Our Company was further converted into a public limited company pursuant to a special resolution passed by our Shareholders at the extra-ordinary general meeting held on July 12, 2024 and a fresh certificate of incorporation consequent upon conversion to public limited company dated September 3, 2024 was issued by the RoC. The name of our Company was changed to its present name, `Dev Accelerator Limited'.Major Events and Milestones:2017- Started the business as a limited liability partnership on September 14, 2017 under the name and style of "Dev Accelerator LLP".2018- Launched our first Center in Ahmedabad, admeasuring 49,035 sq. ft. with 1,250 seating capacity.- Launched our first Center in Vadodara, admeasuring 30,320 sq. ft. with a capacity of 550 seats.2019- Launched our first Center in Mumbai admeasuring 21,000 sq. ft. with a capacity of 400 seats.- Added a new Center in Ahmedabad, admeasuring 25,509 sq. ft. with 550 seating capacity.2020- Converted the limited liability partnership into a private limited company on September 5, 2020 under the name and style of `Dev Accelerator Private Limited'.- Launched our first Center in Hyderabad, admeasuring 35,564 sq. ft. with a capacity of 700 seats.2021- Added two new Centers in Ahmedabad admeasuring 36,002 sq. ft. with a capacity of 380 seats.2022- Launched our first Center in Rajkot, admeasuring 22,173 sq. ft. with a capacity of 280 seats.- Launched our first Center in Pune, admeasuring 18,682 sq. ft. with a capacity of 400 seats.- Launched our first Center in Noida, admeasuring 55,866 sq. ft. with a capacity of 800 seats.- Launched our first Center in Noida, admeasuring 30,900 sq. ft. with a capacity of 350 seats.- Added a new Center in Mumbai, admeasuring 23,470 sq. ft. with a capacity of 500 seats.- Added two new Centers in Ahmedabad admeasuring 179,010 sq. ft. with a capacity of 1960 seats.- Added a new Center in Pune, admeasuring 18,987 sq. ft. with a capacity of 350 seats.2023- Launched our first Center in Indore, b admeasuring 19,204 sq. ft. with a capacity of 255 seats.2024- Launched our first Center in Udaipur, admeasuring 13,333 sq. ft. with a capacity of 110 seats.- Added two new Centers in Ahmedabad admeasuring 23,886 sq. ft. with a capacity of 480 seats.- Our private limited company was converted into a public limited company and received fresh Certificate of Incorporation on September 3, 2024.2025- Added a new Center in Pune, admeasuring 28,400 sq. ft. with a capacity of 369 seats.- Added two new Centers in Hyderabad admeasuring 25,487 sq. ft. with a capacity of 385 seats. 

Read More

Parent Organisation

Dev Accelerator Ltd.

Founded

05/09/2020

Managing Director

Mr.Umesh Satishkumar Uttamchandani

NSE Symbol

DEVXBE

FAQ

The current price of Dev Accelerator Ltd is ₹ 64.04.

The 52-week high for Dev Accelerator Ltd is ₹ 64.05 and the 52-week low is ₹ 59.00.

The market capitalization of Dev Accelerator Ltd is currently ₹ 577.56. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Dev Accelerator Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Dev Accelerator Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Dev Accelerator Ltd shares.

The CEO of Dev Accelerator Ltd is Mr.Umesh Satishkumar Uttamchandani, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

OPEN FREE* DEMAT ACCOUNT