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

2020

NSE symbol

DEVX

Industry

Shareholding pattern

Sep '25

Dec '25

Mar '26

Jun '26

Sep '26

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BSE • 2 months ago

Dev Accelerator Ltd disclosed creation of encumbrance on shares for issuing Rs. 100 crore NCDs. Guarantors pledged to maintain 19% shareholding and executive roles as per SEBI norms.

BSE • 2 months ago

Dev Accelerator Ltd announced its 6th AGM for FY 2025-26 on Sep 25, 2026, via video conferencing. The company reported FY 2025-26 revenue of ₹226 Cr, EBITDA margin at 48.4%, and plans to expand to 12 Lacs Sq. Ft. by FY 2027-28.

BSE • 2 months ago

Dev Accelerator Ltd confirms early interest payment of Rs. 86.9L on NCDs (ISIN: INE0VOV07051) due 31/08/2026. Interest payment record date was 16/08/2026; details available on Dev Accelerator's website.

ScoutQuest • 2 months ago

Dev Accelerator plans 3.63M sq.ft. expansion, adding 8.5K seats, Rs.120 crore revenue. Tech initiatives include AI launchpad; Noida center closure impacts revenue, Rs.226 crore lease liabilities.

BSE • 2 months ago

Dev Accelerator Ltd reported Q1 FY27 revenue of Rs. 53.8 Cr, EBITDA Rs. 30.3 Cr, and PAT Rs. 1.5 Cr, reflecting robust growth. The company operates 27 centers across 12 cities with 91.9% occupancy and plans to expand to 3.62 Mn sq. ft. by FY29.

ScoutQuest • 3 months ago

Dev Accelerator issues 1L secured NCDs worth ₹100 Cr at 11.75% p.a. coupon rate. NCDs mature in Aug 2029, secured by assets, and listed on BSE.

BSE • 3 months ago

Dev Accelerator Ltd received Acuite Ratings' 'ACUITE BBB, Stable' for Rs.100 crore proposed NCDs. The rating reflects DevX's strong presence in Tier-2 cities, growth in revenue, and expansion plans.

ScoutQuest • 4 months ago

Dev Accelerator issued 33.3M convertible warrants to promoters at Rs. 45, raising Rs. 15 crore. It also issued 44.4 lakh equity shares to a non-promoter at Rs. 45, raising Rs. 20 crore.

ScoutQuest • 5 months ago

Dev Accelerator receives in-principle approval for 33,33,330 shares via warrant conversion. Also approves issuance of 44,44,440 shares on a preferential basis; face value Rs. 2.

ScoutQuest • 5 months ago

Dev Accelerator Ltd settled legal dispute with LRS Services on June 4, 2026. Claims of Rs. 17.5L waived, Rs. 12.1L security deposit adjusted; no penalty or compensation.

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Home>Stocks>Dev Accelerator

Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka

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