73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Dev Information Technology IPO (Dev Information Technology Limited IPO) Detail

Dev Information Technology Limited is an Information Technology based company, located in Ahmedabad, Dev Information Technology Limited IPO size was 6.25 Cr. and was issued at 42.00 per share. The share of Dev Information Technology Limited were listed at 50.40 per share and are currently trading at 104.69 per share.

Type :
Sub Sector : Information Technology Industry
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
40.04 Cr.

PAT :
2.32 Cr.

Pricing Report

Issue Price :
42.00

Listing Price :
50.40

Current Market Price :
104.69

Issue Price vs CMP :
83.69 (398.52%)

listing Price vs CMP :
79.49 (315.44%)

Performance Report (CAGR* wise)

CAGR : 21.79
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Dev Information Technology

Company Information
Dev Information Technology Limited, incorporated in 1997, has been a key player in the Information Technology (IT) industry ever since. It provides a wide range of IT solutions, including enterprise solutions, e-governance solutions, ERP and CRM implementation, IT infrastructure services, website development, web hosting solutions, and licensing solutions. Additionally, the company specializes in custom software development with well-defined processes designed to support clients and partners in areas such as web portals, web and mobile applications, responsive websites, SEO, social media marketing, and Microsoft Dynamics ERP and CRM.
The company also offers end-to-end IT services through a dedicated managed IT team, which monitors and manages customer servers and infrastructure 24/7. Clients can receive infrastructure support either on-premise, in data centers, or in the cloud, all remotely managed
Show More
Object of Issue
  • To meet Working Capital Requirement
  • General Corporate Expenses, and
  • To Meet the Issue Expenses

Dev Information Technology SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Apr, 2017
IPO Size :
6.25 Cr.
PE Multiple :
10.00
Merchant Banker :
Hem Securities Limited
Anchor Investors:
Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

See Other SME IPOs in Ahmedabad

3B FILMS LIMITED

  manufacturing and supplying of Cast Polypropylene (CPP) and Cast Polyethylene (CPE) films

  Vadodara


Neptune Petrochemicals Limited

  Manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products

  Ahmedabad


NR Vandana Tex Industries Limited

  design, manufacturing, and wholesale distribution of cotton textile products, including sarees, salwar suits, and bed sheets.

  Kolkata


Nikita Papers Limited

  manufacturing of paper and paper products.

  New Delhi


Astonea Labs Limited

  contract manufacturing of pharmaceutical and cosmetic products

  Chandigarh


Peer Companies Of This Sector

FAQs

Dev Information Technology operates in Information Technology and Information Technology Industry. The Issue is listed on NSE EMERGE in Apr, 2017. Dev Information Technology IPO size was 6.25 Cr. with Issue price of 42.00 .

Dev Information Technology IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Dev Information Technology IPO listed at a listing price of 50.40 against the offer price of 42.00.

The current market price of Dev Information Technology is 104.69.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency