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Issue Open Date
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10-Sep-25
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Issue Closing Date
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12-Sep-25
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Application Money
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100
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Allotment Money
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Price Band (Rs.)
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56
-
61
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Minimum Bid Quantity.
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235
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Issue Size (Shares)
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13147075
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Market Lot
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1
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Objective :
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1. Capital expenditure for fit-outs in the new Centres and for security deposits of the new Centres;2. Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company including redemption of non-convertible debentures issued by our Company (“NCDs”) in; and3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
3450975
|
303578875
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87.97
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Qualified Institutional Buyers
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6901950
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140134965
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20.3
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Retail Individual Investors
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6901950
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140134965
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20.3
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Business Description
We are one of the largest flex space operators in terms of operational flex stock in Tier 2 markets (Source: JLL Report). Specializing in complete Built to Suit Managed Office Solutions for enterprises, we have established a presence across 15 submarkets in In
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Promoter's Holding
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Total Share Capital
|
33201850
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Offered to Public
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|
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Promoter's Holding (Pre-Issue)
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49.8
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Promoter's Holding (Post-Issue)
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|
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More.. |
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Address |
C-01
The First Commercial Complex
Behind Keshavbaug Party Plot
Near Shivalik High Street
Vastrapur
Ahmedabad
,
Gujarat
,
380015
Phone :
7041482004
Email :
compliance@devx.work
Website :
www.devx.work
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
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Pantomath Capital Advisors Pvt Ltd.
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Promoters |
Amisha Jaimin Shah
Dev Information Technology Ltd.
Jaimin Jagdishbhai Shah
Kruti Pranav Pandya
Parth Naimeshbhai Shah
Pranav Niranjan Pandya
Rushit Shardulkumar Shah
Umesh Satishkumar Uttamchandani
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