Articles & Latest News on DevX

DevX Seals ₹850 Crore Tower Deal and Ranks 8th Among India’s Fastest-Growing Companies 0
- Industry News
- April 14, 2026
DevX has secured a landmark agreement to operate a full 27-storey, 8-lakh-sq-ft Grade-A commercial tower in Ahmedabad’s Ambli-Bopal micro market — a deal valued at approximately ₹850 crore. The announcement comes alongside the company being ranked 8th among India’s Fastest-Growing Companies 2026, backed by a staggering 512.79% growth rate between 2021 and 2024.
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DevX Signs India’s Largest Coworking Deal with 8 Lakh Sq Ft Tower in Ahmedabad 0
- Industry News
- February 16, 2026
DevX has taken over a 27-storey, 8 lakh sq ft commercial tower in Ahmedabad under a 15-year development management agreement valued at ₹850 crore in rentals. The Grade A+ campus will target GCCs and enterprises, adding 8,500 seats and reinforcing the growing role of Tier-II cities in India’s office market.
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DevX Launches Capital One in Ahmedabad, India’s Largest Managed Office Campus in a Tier II City 0
- Industry News
- November 22, 2025
Dev Accelerator Limited has launched Capital One, a 3.15 lakh sq. ft managed office campus in Ahmedabad. Spread across 19 floors, it is India’s largest such campus in a Tier II city and is already 95% occupied pre-launch. The project highlights the growing demand from the GCC and enterprises in emerging markets.
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DevX IPO Oversubscribed 5.3x: Sector Signals and Investor Angles 0

The ₹143.35 crore DevX IPO, open from September 10–12, was met with a subscription frenzy, closing Day 1 at 5.34x oversubscription, driven by retail demand. The issue’s momentum highlights investor confidence in flexible workspace platforms, but also brings significant risk signals and competitive context into focus.

DevX IPO to Open September 10 0

Ahmedabad-based coworking provider DevX will launch its Initial Public Offering (IPO) on September 10, closing on Friday of the same week. The company will become the fourth publicly listed coworking space provider in India, listing shares on both the NSE and BSE, following peers like Awfis, IndiQube, and Smartworks.

Dev Accelerator’s Ambitious Expansion in Coworking Spaces Backed by IPO 0

Dev Accelerator Limited is set to expand its coworking spaces through a new IPO, offering 2.47 crore equity shares. The funds will be used to set up new spaces, repay debts, and general corporate purposes. After turning profitable in FY24, the company aims to solidify its position in the flexible workspace market.

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