Dev Accelerator IPO vs Viney IPO

Comparison between Dev Accelerator IPO and Viney IPO.

IPO Details

Dev Accelerator IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Viney IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Dev Accelerator IPO is up to ₹143.35 Cr whereas the issue size of the Viney IPO is up to ₹0.00 Cr. The final issue price of Dev Accelerator IPO is ₹61.00 per share and of Viney IPO is .

 Dev Accelerator IPOViney IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹56.00 per share
Issue Price (Upper)₹61.00 per share
Issue Price (Final)₹61.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size235 shares
Fresh Issue Size2,35,00,000 shares0 shares
Fresh Issue Size (Amount)up to ₹143.35 Crup to ₹150.00 Cr
OFS Issue Size0 shares2,22,13,852 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total2,35,00,000 shares0 shares
Issue Size Total (Amount)up to ₹143.35 Crup to ₹0.00 Cr

IPO Timetable

Dev Accelerator IPO opens on Sep 10, 2025, while Viney IPO opens on . The closing date of Dev Accelerator IPO and Viney IPO is Sep 12, 2025, and , respectively.

Financials & KPIs

Dev Accelerator IPO P/E ratio is 233.25, as compared to Viney IPO P/E ratio of .

 Dev Accelerator IPOViney IPO
Financials

Company Financials (Restated Consolidated)

Dev Accelerator Ltd.'s revenue increased by 62% and profit after tax (PAT) rose by 303% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets540.38411.09282.42
Total Income178.89110.7371.37
Profit After Tax1.740.43-12.83
EBITDA80.4664.7429.88
NET Worth54.7928.791.22
Total Borrowing130.67101.0533.20
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets1,358.291,270.571,229.98
Total Income1,267.281,134.201,084.92
Profit After Tax27.89-37.5033.70
NET Worth422.55399.26446.45
Reserves and Surplus492.91457.70431.75
Total Borrowing502.11485.38513.54
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)49.8100
Promoter Shareholding (Post-Issue)36.8
P/E Ratio233.25
Market Cap₹550.14 Cr.
ROE
ROCE25.95%
Debt/Equity2.39
EPS₹0.26
RoNW3.24%

Shares Offered

In the Dev Accelerator IPO Retail Individual Investors (RII) are offered 23,00,650 shares while in Viney IPO retail investors are offered 23,00,650 shares. Qualified Institutional Buyers (QIB) are offered 69,01,950 shares in Dev Accelerator IPO and in Viney IPO.

 Dev Accelerator IPOViney IPO
Anchor Investor Reservation1,03,52,925 shares
Market Maker Reservation0 shares
QIB69,01,950 shares
NII34,50,975 shares
RII23,00,650 shares
Employee1,64,500 shares
Others
Total2,35,00,000 shares

Bids Received (Subscription)

Dev Accelerator IPO subscribed 64.00x in total, whereas Viney IPO subscribed .

 Dev Accelerator IPOViney IPO
QIB (times)20.30x
NII (times)87.97x
Big NII (times)78.94x
Small NII (times)106.01x
RII (times)164.89x
Employee (times)17.60x
Other (times)
Total (times)64.00x

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Dev Accelerator IPO Vs Viney IPO