September 10, 2025 - September 12, 2025

Dev Accelerator IPO Subscription Details

IPO Detail

Stock Price

Dev Accelerator IPO Anchor Investor Allocation

A total of 1,03,52,925 shares at a price of Rs 61 per share will be allotted to the anchor investors.

Anchor investors bid opening date	Sep 09, 2025
Anchor investor price	₹61.00
Anchor investors as % of QIBs	60.00%
No. of shares locked-in for 30 days	51,76,463
No. of shares locked-in for 90 days	51,76,463

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.	Anchor Investor	Group Entity	No. of Shares Allotted	Amount (Rs.cr.)	% Allotment within Anchor Investor Portion	% Allotment of Issue
1	UNIVERSAL SOMPO GENERAL INSURANCE CO.LTD.	UNIVERSAL SOMPO GENERAL INSURANCE	8,19,680	5.00	7.92	3.49
2	ABANS FINANCE PVT.LTD.	ABANS	8,19,680	5.00	7.92	3.49
3	FINAVENUE CAPITAL TRUST-FINAVENUE GROWTH FUND	FINAVENUE	16,39,360	10.00	15.83	6.98
4	SUNRISE INVESTMENT TRUST-SUNRISE INVESTMENT OPPORTUNITIES FUND	SUNRISE	11,72,415	7.15	11.32	4.99
5	VPK GLOBAL VENTURES FUND-VPK GLOBAL VENTURES FUND-SCHEME I	VPK GLOBAL VENTURES	9,83,710	6.00	9.50	4.19
6	CHHATTISGARH INVESTMENTS LTD.	CHHATTISGARH INVESTMENTS	8,19,680	5.00	7.92	3.49
7	MERU INVESTMENT FUND PCC-CELL 1	MERU INVESTMENT	8,19,680	5.00	7.92	3.49
8	SB OPPORTUNITIES FUND II	SB OPPORTUNITIES FUND	8,19,680	5.00	7.92	3.49
9	SHINE STAR BUILD-CAP PVT.LTD.	SHINE STAR	8,19,680	5.00	7.92	3.49
10	VBCUBE VENTURES FUND	VBCUBE	8,19,680	5.00	7.92	3.49
11	VENUS INVESTMENTS VCC-VENUS STELLAR FUND	VENUS INVESTMENTS	8,19,680	5.00	7.92	3.49
			1,03,52,925	63.15	100	44.06

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors (NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc. who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors (RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Dev Accelerator IPO Subscription FAQs

The Dev Accelerator IPO is subscribed 64 times by Sep 12, 2025 17:04.