Price Band Set At INR 56-61

At the upper end of the price band, the company would be valued at INR 550.1 Cr

The total size of the IPO, which comprises a fresh issue of up to 2.35 Cr shares, will be INR 143.3 Cr

Founded in 2017 by Parth Shah, Rushit Shah and Umesh Uttamchandani, DevX provides managed office spaces, coworking spaces, designing services, among others

Coworking space provider DevX (Dev Accelerator Ltd) has set a price band of INR 56 to INR 61 per share for its initial public offering (IPO) that will open for subscription on…