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DEV INFORMATION TECHNOLOGY LIMITED — Capital/Financing Update 2025
Sep 14, 2025
59295_rns_2025-09-14_16ea050f-298d-47ae-9a13-06a4300bbe28.pdf
Capital/Financing Update
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Dev Information Technology Limited Reg. Office: 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej-Shilaj Road, Thaltej, Ahmedabad - 380 059. (INDIA) Phone: +91 94298 99852 / 53
www.devitpl.com | [email protected]
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Offices: Gujarat | Maharashtra | Rajasthan | Canada CIN: L30000GJ1997PLC033479
Date: 14[th] September, 2025
| To | To | To | To | To | |
|---|---|---|---|---|---|
| ,The Manager-Listing Departme | nt, | ,The Secretary, | |||
| The National Stock Exchange o | f India Limited, | BSE Limited | |||
| Exchange Plaza, Plot No. C/1, G | -Block, | Phiroze Jejeebho | y Towers, | ||
| Bandra Kurla complex,Bandra East Mumbai-400 051 | Dalal StreetMumbai -40000 | ||||
| , | |||||
| Trading Symbol: DEVIT | Trading Symbol: | 543462 | |||
| Subject: Intimation Under Re | gulation 30 (Disclosure of event or i | nformation) of Securities and | |||
Subject: Intimation Under Regulation 30 (Disclosure of event or information) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that Dev Information Technology Limited’s promoted associate company, Dev Accelerator Limited (DevX), has filed its final Prospectus dated 13th September 2025 with SEBI, the stock exchanges, and the Registrar of Companies for an Initial Public Offering (IPO). The IPO comprises a fresh issue of up to 23,500,000 equity shares of face value ₹2 each, offered for cash at a price of ₹61 per equity share (including a share premium of ₹59 per equity share).
Dev Information Technology Limited expresses its gratitude to its shareholders for their overwhelming response to the IPO, resulting in an oversubscription of 49.97 times under the shareholders’ quota of DEVIT. The overall IPO of DevX was oversubscribed by 64 times. As a co-promoter of DevX, we sincerely thank our investors for their continued trust and support.
Further details of the prospectus are available at: https://www.devx.work/investor-relations https://www.devx.work/investor-relations and https://cdn.prod.websitefiles.com/669fb6fe69c52d6e5b210808/68c5b090d9bad85cd0528ba2_Prospectus.pdf
Kindly take the above information on your records.
Thanking you,
On behalf of Board of Directors DEV INFORMATION TECHNOLOGY LIMITED
Krisa Shah (Company Secretary and Compliance Officer) Place: Ahmedabad
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