Dev Accelerator, operating under the brand name DevX, has filed its draft red herring prospectus (DRHP) for an initial public offering (IPO), planning to sell a total of 2.47 crore shares through a fresh issue. Notably, the IPO will not include any offer-for-sale component.
Key Details of the IPO
According to the filed DRHP, the IPO will consist of up to 24,700,000 equity shares, each with a face…

