Dev Accelerator ipo date, Share Price Target 2025, 2026, 2030, 2040, 2050
Dev Accelerator is an Indian company that provides office spaces for different types of businesses. This company is also known as DevX. It manages everything for its clients from finding the office and designing it to setting up the technology and managing the space, so that businesses don’t have to deal with long-term rent or daily office work. Its main services include private offices for larger teams, shared spaces for freelancers and small groups, and custom office design through its partner company. The company has offices in many cities across India, especially in smaller cities, and it is growing quickly. It also plans to open offices in other countries.
- 1 What is Dev Accelerator Ltd NSE: DEVX?
- 2 Dev Accelerator Share Price
- 3 Dev Accelerator Share Price Target 2025
- 4 Dev Accelerator share price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Dev Accelerator share price Target 2030
- 9 Share price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Dev Accelerator stock?
- 12 Dev Accelerator earnings results (Financials)
- 13 Is Dev Accelerator stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Dev Accelerator Ltd NSE: DEVX?
Dev Accelerator was established in 2020 in Ahmedabad, Gujarat, by Rushit Shah, Umesh Uttamchandani, and Parth Shah. It provides flexible office spaces for all types of businesses, including big companies, startups, and freelancers. They offer managed offices for long-term, ideal for individuals or small teams. It also offers services like office design and construction, software development, cloud solutions, and support with payroll, cleaning, and security through its partner companies. The company has a strong presence in both big cities and smaller towns in India, works with many clients, and is expanding its offices and services.
It is one of the biggest companies providing office spaces for rent in smaller cities like Ahmedabad, Indore, Jaipur, and Vadodara. They have a large area with many work seats available. The company is ready to take advantage of the growing need for flexible office spaces because the number of such offices in smaller cities has almost tripled since 2021. Many people are using their spaces, with about 88% of the seats occupied, which shows the company is doing well in the market. In 2025, its share price target would be ₹112, as per stock market analysts.
According to stock market analysts, its share price would be between ₹41 to ₹112 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 41 | 112 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
September | 50 | 83 |
October | 41 | 90 |
November | 67 | 97 |
December | 89 | 112 |
The company works in many cities across India and manages a lot of office space that is mostly full of customers. They provide flexible office spaces that businesses can start using quickly without spending a lot of money at the beginning. The company has its own teams to design and build these offices, making sure the work is done well and on time. They have important certificates showing they follow good quality and security rules. Over time, their earnings have grown steadily, which means their business is doing well. In 2026, its share price target would be ₹230, as per stock market analysts.
Its share price would be between ₹107 to ₹230 in 2026, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 107 | 230 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 107 | 130 |
February | 112 | 139 |
March | 120 | 150 |
April | 129 | 163 |
May | 132 | 166 |
June | 142 | 173 |
July | 150 | 185 |
August | 153 | 190 |
September | 157 | 207 |
October | 169 | 213 |
November | 172 | 221 |
December | 185 | 230 |
The company provides its services to many cities, including big places like Delhi-NCR, Hyderabad, Mumbai, and Pune. It has many centres that offer office spaces which can be changed to fit what different businesses need. It helps all kinds of clients, from large companies and global businesses to small and medium ones. Their approach is flexible, so companies can start using office spaces quickly without spending a lot of money upfront. The company also has its own team that designs and builds the offices, making sure the work is done well and finished on time. In 2027, its share price target would be ₹330, as per stock market analysts.
According to stock market analysts, its share price would be between ₹221 to ₹330 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 221 | 330 |
It has been growing in recent years. The company manage a large amount of office space, and most of it is rented out, which shows many businesses want to use their services. They have plans to open more centres, including their first one outside India. The company is making more money and earning better profits because it runs its business well and has more customers. They also have important certificates for quality and safety, which means they work hard to keep high standards and make their customers happy. In 2028, its share price target would be ₹452, as per stock market analysts.
Its share price would be between ₹224 to ₹452 in 2028, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 224 | 452 |
The company helps its clients do their best by building a strong foundation that encourages new ideas and helps things run smoothly. This promise to help people and businesses is at the heart of everything it does and inspires the company to keep making workspaces better. In 2029, its share price target would be ₹572, as per stock market analysts.
According to stock market analysts, its share price would be between ₹237 to ₹572 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 237 | 572 |
Its workspaces are designed to encourage teamwork, creativity, and collaboration, which helps improve both happiness and productivity. Employees are more likely to connect and share ideas with well-planned office layouts and spaces for meetings and team events. This leads to better teamwork and a stronger company culture. When employees enjoy their work environment, they are more likely to stay longer at the company. DevX is committed to creating office spaces that make work more enjoyable for employees and help businesses grow. In 2030, its share price target would be ₹711, as per stock market analysts.
According to stock market analysts, its share price would be between ₹558 to ₹711 in 2030.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 558 | 711 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 558 | 589 |
February | 562 | 600 |
March | 566 | 607 |
April | 570 | 613 |
May | 568 | 625 |
June | 572 | 638 |
July | 578 | 645 |
August | 582 | 665 |
September | 588 | 678 |
October | 611 | 688 |
November | 620 | 700 |
December | 635 | 711 |
It’s easy for businesses to focus on what’s important by handling everything else. They provide 24/7 support to keep the office running smoothly. From fixing technical issues to managing supplies, it takes care of the details. This way, businesses don’t have to worry about office problems and can focus on their work. The companies enjoy a stress-free experience that helps their teams stay focused and productive. In 2040, its share price target would be ₹1622, as per stock market analysts.
Its share price would be between ₹1327 to ₹1622 in 2040, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 1327 | 1622 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1327 | 1400 |
February | 1351 | 1412 |
March | 1362 | 1427 |
April | 1370 | 1439 |
May | 1378 | 1452 |
June | 1388 | 1467 |
July | 1400 | 1485 |
August | 1411 | 1500 |
September | 1428 | 1521 |
October | 1452 | 1554 |
November | 1468 | 1580 |
December | 1490 | 1622 |
The company also makes it easy for businesses to have teams working from different locations without any issues. Their office spaces meet international standards, so they are a good choice for businesses that need to follow certain rules. Plus, with simple billing and predictable costs, businesses can easily manage their budget. In 2050, its share price target would be ₹3574, as per stock market analysts.
According to stock market analysts, its share price would be between ₹3227 to ₹3574 in 2050.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 3227 | 3574 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 3227 | 3318 |
February | 3242 | 3352 |
March | 3265 | 3378 |
April | 3272 | 3390 |
May | 3282 | 3412 |
June | 3318 | 3432 |
July | 3332 | 3465 |
August | 3352 | 3484 |
September | 3368 | 3511 |
October | 3382 | 3525 |
November | 3425 | 3551 |
December | 3457 | 3574 |
Should I buy Dev Accelerator stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 41 | 112 |
2026 | 107 | 230 |
2027 | 221 | 330 |
2028 | 224 | 452 |
2029 | 237 | 572 |
2030 | 558 | 711 |
2040 | 1327 | 1622 |
2050 | 3227 | 3574 |
It is a company that rents out shared office spaces, mainly in smaller cities. The business is growing, and many people are using its offices, which is a good sign. It runs well and earns good money, but its actual profit is still small, and it has taken a lot of loans. This could be risky in the future. It also has to compete with bigger companies. If you are okay with some risk and want to invest for a few years, it might be a good option to invest.
Dev Accelerator earnings results (Financials)
Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
Sales + | 31 | 70 | 108 | 159 |
Expenses + | 17 | 40 | 43 | 78 |
Operating Profit | 14 | 30 | 65 | 80 |
OPM % | 45% | 43% | 60% | 51% |
Other Income + | 0 | 2 | 3 | 19 |
Interest | 7 | 17 | 31 | 45 |
Depreciation | 15 | 30 | 45 | 52 |
Profit before tax | -8 | -16 | -9 | 3 |
Tax % | -9% | -20% | -105% | 34% |
Net Profit + | -8 | -13 | 0 | 2 |
EPS in Rs | — | — | — | — |
Dividend Payout % | 0% | 0% | 0% | 0% |
Is Dev Accelerator stock good to buy? (bull case & bear case)

Bull Case:
- The company made almost double the profit last year compared to the year before.
- It uses its money well and gets good returns.
- It doesn’t have much debt, so it’s financially safe.
- Its sales went up a lot, from ₹810 crore to ₹1,430 crore in a few years.
- It’s making more profit from its sales, meaning it’s better at controlling costs.
- The company sells its products not just in India, but also in the UK, UAE, and the USA.
Bear Case:
- The company’s cash flow turned negative recently, which could lead to problems.
- It’s paying more interest on its loans, which could lower profits if it keeps increasing.
- The company mainly sells mangalsutras.
Conclusion
The company offer services like ready-to-use offices and custom office designs to help businesses get started quickly. While the company does have some financial challenges, like high debt, its office spaces are in high demand, which shows it’s growing. The company’s success depends on how well it handles its finances and competes with bigger companies.