Dev Accelerator IPO Listing: Dev Accelerator share price made a muted debut in the Indian stock market today, September 17. Dev Accelerator share price was listed on Wednesday at ₹61 apiece on NSE, same as its issue price. On BSE, it listed at ₹61.30, up just half a percent from IPO price.
Despite strong listing, the Dev Accelerator IPO underperformed Street expectations, as seen from the grey market premium (GMP). The GMP for the IPO stood at ₹6 per share, which indicated a likely listing price of around ₹67 — translating to a premium of 9.84 percent over the upper end of the issue price band.
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