Dev Accelerator Limited (DevX) is a managed office space provider offering flexible coworking spaces, enterprise offices, and managed workspaces for startups, SMEs, and large corporations.;

CEO/MD

Umesh Uttamchandani

Founded in

2017

NSE symbol

DEVX

Shareholding Pattern

Sep '24

Mar '25

Sep '25

Dec '25

Mar '26

Retail And Others
56.82%
Promoters
36.81%
Other Domestic Institutions
4.94%
Foreign Institutions
1.43%

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Livesquawk • 1 week ago

Dev Accelerator signs ₹110 Cr 9-year deal with Manubhai & Shah LLP. The deal boosts revenue visibility and managed workspace growth in Tier-II cities.

ScoutQuest • 3 weeks ago

Dev Accelerator secures long-term deal for 27-storey Ahmedabad office, 8 lakh sq ft worth ₹850 Cr. Ranked 8th fastest growing Indian firm with 512.8% growth (2021-24), expanding enterprise projects.

ScoutQuest • 1 month ago

Dev Accelerator approved raising ₹35 crore via convertible warrants and equity shares. ₹15 crore from promoters, ₹20 crore from other investors for Ahmedabad workspace project.

BSE • 2 months ago

Dev Accelerator Ltd completes sale of 38% equity in Scaleax Advisory to DevIT and Aaryan Shah for Rs. 3.8 lakh. Scaleax Advisory ceases to be an associate company of Dev Accelerator Ltd post this transaction.

ScoutQuest • 2 months ago

DevX secures 8 lakh sq.ft. managed office deal worth ₹850 crore in rentals. Project adds 8,500 seats on Grade A green campus in Ahmedabad, targeting ₹120 crore annual revenue.

ScoutQuest • 2 months ago

Dev Accelerator's board approved 5-year extension for 35.77L preference shares redemption to March 26, 2031. Shares held by corporate promoter with 0.01 non-convertible preference; other terms unchanged.

ScoutQuest • 3 months ago

Dev Accelerator Ltd targets Rs.350 crore revenue by FY27. Growth driven by managed office space and tech services expansion.

ScoutQuest • 3 months ago

Dev Accelerator's revenue rose 50% YoY to ₹124 Cr standalone, ₹76.7 Cr consolidated. EBITDA margin stood at 61.1% standalone, 46.1% consolidated; Cash EBIT surged 544% YoY to ₹26.4 Cr.

ScoutQuest • 3 months ago

Dev Accelerator Ltd's board approved Q3 FY26 unaudited results with revenue of Rs. 5,919.8 lakh. The company proposes selling a 38% stake in an associate for Rs. 3.8 lakh and shared IPO utilization updates.

BSE • 3 months ago

Dev Accelerator Ltd schedules Q3 & 9M FY26 Earnings Call on Feb 2, 2026, 2:00 PM IST. Management team includes Parth Shah, Umesh Uttamchandani, and others; global access numbers provided.

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Home>Stocks>Dev Accelerator

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